JINDAL SUPREME (INDIA) L Hits Upper Circuit for the 2nd Straight Session on BSE, 28 October 2026
- September 28, 2026
- Posted by: Kunal Singla
- Category: News
JINDAL SUPREME (INDIA) L is classed with iron and steel products, but a sector label explains little about a single session. What the data does show: on 28 October 2026 the stock stood at Rs 149 on BSE, 4.97% above the previous close of Rs 141.95, and the price was held at that upper circuit when the data was captured.
The JINDAL SUPREME (INDIA) upper circuit streak has run to 2 straight sessions, with a market cap of Rs 724.28 crore.
Key Takeaways
- JINDAL SUPREME (INDIA) L hit the upper circuit on BSE at Rs 149 on 28 October 2026.
- The session move was +4.97% against a previous close of Rs 141.95.
- Market capitalisation stood at Rs 724.28 crore with a PE ratio of 32.15.
- This is the 2nd straight session at the upper circuit, with the run starting on 27 October 2026.
- A price band is an exchange trading rule, not a view on the company or a recommendation.
Key Market Data
| Metric | Value |
|---|---|
| Stock | JINDAL SUPREME (INDIA) L |
| Current Price / LTP | Rs 149 |
| Day Move | 4.97% |
| Previous Close | Rs 141.95 |
| Day Open | Rs 149 |
| Day High | Rs 149 |
| Day Low | Rs 149 |
| Upper Circuit Price | Rs 149 |
| Upper Circuit Limit | Rs 149 |
| Market Cap | Rs 724.28 crore |
| Selected Exchange | BSE |
| PE Ratio | 32.15 |
All figures above are as of 28 October 2026, sourced from Univest market data for the BSE listing. Only fields present in the source for this session are shown.
Price Action and Trading Activity
JINDAL SUPREME (INDIA) L recorded Rs 149 as its open, high and low on BSE, which leaves one price and no range. The previous close was Rs 141.95, so the rise came to Rs 7.05, or 4.97%.
If other iron and steel counters moved on the same day, their bands, ranges and previous closes would be their own, and the exchange they trade on could change them again. This article keeps every figure to BSE. The upper limit for JINDAL SUPREME (INDIA) L in the session was Rs 149, and that is where it sat from the start.
The JINDAL SUPREME (INDIA) Upper Circuit Streak So Far
This is session 2 of an unbroken run for JINDAL SUPREME (INDIA) L. The streak began on 27 October 2026, from a base price of Rs 135.2. Across the run the stock has moved 10.21% in total.
A repeated upper circuit matters more than a single one. It says the order book has stayed one-sided across multiple sessions rather than reacting to a single day of news, and for anyone holding the stock it means the price on screen has been hard to trade at for several days running.
This page is the running record for the streak and is updated each session rather than being replaced by a fresh article. That keeps one address for the event instead of splitting the same story across competing pages.
Why JINDAL SUPREME (INDIA) L Hit Upper Circuit
With buyers in control, JINDAL SUPREME (INDIA) L went to the top of its exchange price band and the upper circuit froze the price there. No official company announcement and no verified outside catalyst was in hand when this was written, so price action and market sentiment are what the record supports.
No sector development is offered as the cause, nor are earnings, a corporate action or rumours, because none of them was verified. If a confirmation comes later, it will be covered on its own.
The session’s upper circuit level was Rs 149.
What the JINDAL SUPREME (INDIA) Upper Circuit Means
At the upper circuit a stock cannot trade higher in that session, and for JINDAL SUPREME (INDIA) L the limit was Rs 149 on 28 October 2026. The number belongs to this stock; a sector peer’s limit comes from its own previous close and would sit elsewhere.
Circuit limits are there to temper sudden swings and keep dealing orderly. They describe what a session did and say nothing about returns to come.
JINDAL SUPREME (INDIA) L Fundamentals and Valuation
The reported figures for this stock can be read alone or beside steel peers, though a fair comparison needs matching periods and definitions. JINDAL SUPREME (INDIA) L is on a PE ratio of 32.15 and a PB ratio of 3.68, with EPS of 4.42, book value of Rs 38.55 and a market cap of Rs 724.28 crore. These are reported indicators, not a buy, sell or hold view.
At 3.68 times book value, the shares sit well above the net worth per share on the books. Optimism about growth, asset quality or thin trading could each contribute, and the data cannot split them. The business is in iron and steel products.
A one-day jump to the band is a price event before it is anything else.
Peer and Sector Context
JINDAL SUPREME (INDIA) L belongs to the Steel & Iron Products industry within the Iron & Steel sector. The peer table below uses available companies from the same sector or industry to give broader valuation context.
| Peer Company | Market Cap | PE | PB | ROE |
|---|---|---|---|---|
| A-ONE STEELS INDIA LTD | Rs 2944.96 crore | 23.28 | 2.37 | 16.65% |
| Ratnaveer Precision Engineering Ltd. | Rs 2911.41 crore | 45.27 | 2.79 | 12.81% |
| JTL Industries Ltd | Rs 2898.58 crore | 25.27 | 2.09 | 8.58% |
| Welspun Specialty Solutions Ltd. | Rs 2800.2 crore | 194.19 | 6.12 | 5.31% |
| Mahamaya Steel Industries Ltd. | Rs 2522.27 crore | 252.48 | 15.68 | 6.24% |
Several of these peers are far larger by market capitalisation than JINDAL SUPREME (INDIA) L. Size differences change liquidity and cost of capital, so the table is sector context rather than a like-for-like ranking.
JINDAL SUPREME (INDIA) L’s PE ratio was 32.15, compared with an available peer PE average of 108.1, calculated from the 5 peer companies that had a PE on record. This comparison is a valuation reference point, not a recommendation.
Technical Snapshot
Technical indicators were limited in the latest market dataset, so this article does not draw a technical conclusion beyond the confirmed upper circuit event.
What Readers Should Know
Two facts hold: JINDAL SUPREME (INDIA) L reached its BSE upper circuit at Rs 149 on 28 October 2026, and the day move was 4.97%. Two things the data does not give: an official catalyst, and any ranking against sector peers.
A band-locked quote is not the same as an executable one. Bids pile up at the ceiling while offers thin out, so an order at Rs 149 may wait.
This is a market update. Judging the business needs fundamentals, valuation, liquidity, risk and confirmed company disclosures, and a sector comparison is only one input among them.
Frequently Asked Questions
Why did JINDAL SUPREME (INDIA) L hit upper circuit on 28 October 2026?
The stock reached its upper price band after buying interest during the session. No official company announcement or verified external catalyst was confirmed at the time of writing.
How many sessions has JINDAL SUPREME (INDIA) L hit upper circuit in a row?
This is session 2 of the current run, which began on 27 October 2026. This page is updated each session rather than replaced with a new article.
What was JINDAL SUPREME (INDIA) L share price on 28 October 2026?
The last traded price used in this article was Rs 149 on BSE. That price matched the upper circuit price captured for the event.
What was the upper circuit price for JINDAL SUPREME (INDIA) L?
The upper circuit price was Rs 149. The stated exchange upper circuit limit was Rs 149. The event numbers in this article are aligned to BSE.
What is JINDAL SUPREME (INDIA) L’s market cap and PE ratio?
JINDAL SUPREME (INDIA) L’s market cap was Rs 724.28 crore. PE ratio was 32.15.
Which exchange and data source were used?
The selected exchange was BSE. The article uses Univest market data available at the time of generation, captured on 28 October 2026.
Does hitting an upper circuit mean JINDAL SUPREME (INDIA) L is a buy or a sell?
No. A circuit is an exchange price-band rule that caps how far a stock can move in a single session. It carries no view on valuation or business quality and is not a recommendation. Any decision should rest on fundamentals, valuation, liquidity and your own risk tolerance.
Can you buy or sell JINDAL SUPREME (INDIA) L shares when the stock is at the upper circuit?
It is usually difficult. At the upper circuit, buy orders queue up while sellers step back, so there may be no counterparty at the quoted price. Orders can stay unfilled until the band opens up or sellers return.
What happens the next trading session after an upper circuit?
There is no fixed outcome. The band resets each session, so the stock can open freely, hit the same band again, or reverse. The exchange can also revise the applicable band width. The useful signals to watch are whether the company files any disclosure explaining the move.
What is the upper circuit limit set at for Indian stocks?
Exchange price bands are commonly set at 2%, 5%, 10% or 20% depending on the security, and the applicable band can be revised by the exchange. For JINDAL SUPREME (INDIA) L the stated limit was Rs 149. For this session, JINDAL SUPREME (INDIA) L moved 4.97%.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Uniresearch Global Pvt. Ltd. (Research Analyst, SEBI Registration Number INH000013776), a subsidiary of Univest Communication Technologies Private Limited.