Jindal Steel & Power (JINDALSTEL) Share Price Falls 2.11% Today
- September 28, 2026
- Posted by: Harsh Piplani
- Category: News
Jindal Steel & Power Share Price fell today, with Jindal Steel & Power last quoted at Rs 1,140.40 after a decline of 2.11% from the previous close. The company’s market capitalisation stands at Rs 1,18,840.26 crore, placing it in the Large Cap category. Today’s move is relevant because the stock moved lower even though the supplied data does not establish a company-specific catalyst. For readers tracking Jindal Steel & Power Share Price Today, the move adds a fresh price action reference point for Jindal Steel & Power Stock News and Jindal Steel & Power Share Price Update. Univest is covering the stock with a focus on verified facts only: the price move, valuation context, sector positioning and peer comparison. The supplied numbers help frame Jindal Steel & Power Share Price News without turning the decline into a speculative story.
What matters most in this Jindal Steel & Power Share Price event is the combination of the day’s fall, the Large Cap market capitalisation and the valuation ratios that are already visible in the data. Univest treats this as a stock analysis note, not a forecast. The supplied data confirms the price event, but it does not establish why the share price declined today.
Jindal Steel & Power (JINDALSTEL) Share Price Today: Price Action Analysis
| Metric | Value |
|---|---|
| Current Price | Rs 1,140.4 |
| Previous Close | Rs 1,165 |
| Today's Move | -Rs 24.60 (-2.11%) |
| Open | Rs 1,160 |
| High | Rs 1,160 |
| Low | Rs 1,140 |
| Turnover | Rs 4.61 crore |
| Market Capitalisation | Rs 1,18,840.26 crore |
| Market Cap Category | Large Cap |
Jindal Steel & Power Share Price Today opened at Rs 1,160, matched the day high at Rs 1,160, and slipped to a day low of Rs 1,140. The stock closed at Rs 1,140.40, below the previous close of Rs 1,165, which reflects a day change of Rs -24.60 and a dayChangePercent of -2.11%. For readers following Jindal Steel & Power Share Price News Today, the day’s range shows that the stock traded between Rs 1,160 and Rs 1,140 before settling close to the lower end of that range.
Turnover stood at Rs 4.61 crore. That is the only turnover figure supplied, so Univest states it as a factual traded-value metric and does not use it as an explanation for the move. The company is in the Large Cap category, and its market cap of Rs 1,18,840.26 crore is materially above the median market capitalisation in the supplied industry benchmark. In plain terms, the Jindal Steel & Power Share Price action today was a clean downward session in a large listed company, with the data confirming the fall but not identifying a catalyst. For investors tracking Jindal Steel & Power Share Price Live or Jindal Steel & Power Share News, the key fact is that today’s quote weakened from the previous close and remained near the lower end of the day’s trading band.
Jindal Steel & Power (JINDALSTEL) Fundamental Analysis
| Metric | Value |
|---|---|
| Market Capitalisation | Rs 1,18,840.26 crore |
| P/E Ratio | 43.72x |
| P/B Ratio | 2.3x |
| ROE | 6.88% |
| ROCE | 8.92% |
| EPS | Rs 26.65 |
| Book Value Per Share | Rs 505.62 |
| Dividend Yield | 0.17% |
Jindal Steel & Power Share Price today needs to be read against its valuation and operating metrics. The stock trades at a P/E ratio of 43.72 and a P/B ratio of 2.3, with EPS of Rs 26.65 and book value of Rs 505.62 per share. Dividend yield is 0.17%, which is a historical payout metric rather than a future promise. These figures give context to Jindal Steel & Power Stock Analysis because they show how the market is pricing earnings and net worth per share.
Profitability metrics are moderate in the supplied set, with ROE at 6.88% and ROCE at 8.92%. The market capitalisation is Rs 1,18,840.26 crore, which is far above the sector median market cap of Rs 413.93 crore in the supplied peer set. Univest highlights this because Jindal Steel & Power Share Price News is not just about a one-day move; it is also about how the stock’s valuation compares with its accounting and earnings base. On the supplied numbers, the stock appears to trade at a premium to the sector median P/E, while its P/B sits exactly at the benchmark median. That combination makes the Jindal Steel & Power Share Price interesting for readers who follow Jindal Steel & Power Fundamental Analysis and Jindal Steel & Power Financial Results.
Sector and Industry Context
| Metric | Value |
|---|---|
| Sector | Iron & Steel |
| Industry | Steel/Sponge Iron/Pig Iron |
| Benchmark Scope | same industry |
| Company P/E Ratio | 43.72x |
| Benchmark Median P/E | 32.24x |
| Benchmark Average P/E | 35.65x |
| Benchmark P/E Range | 9.3x to 108.9x |
| Company P/B Ratio | 2.3x |
| Benchmark Median P/B | 2.3x |
| Benchmark Average P/B | 2.56x |
| Company ROE | 6.88% |
| Benchmark Median ROE | 6.88% |
| Benchmark Average ROE | 8.53% |
| Company ROCE | 8.92% |
| Benchmark Median ROCE | 9.63% |
| Benchmark Average ROCE | 9.89% |
| Company Market Capitalisation | Rs 1,18,840.26 crore |
| Benchmark Median Market Cap | Rs 413.93 crore |
| Benchmark Average Market Cap | Rs 17,984.97 crore |
The supplied sector data places Jindal Steel & Power in the Iron & Steel sector and the Steel/Sponge Iron/Pig Iron industry, using a benchmark scope of the same industry across 13 companies. In that benchmark, the company’s P/E of 43.72 is above the peer-set median of 32.24 and above the average of 35.65. Its P/B of 2.3 is equal to the median of 2.3 and below the average of 2.56. Its ROE of 6.88% is equal to the benchmark median, while ROCE of 8.92% is slightly below the median of 9.63% and the average of 9.89%.
The market-cap comparison is also important for Jindal Steel & Power Share Price Today. The company’s Rs 1,18,840.26 crore market capitalisation is the highest figure in the supplied benchmark range and sits well above the benchmark average of Rs 17,984.97 crore and the median of Rs 413.93 crore. That comparison helps readers understand the scale of the business without turning market capitalisation into a quality judgment. For Jindal Steel & Power Stock News, the relevant sector takeaway is simple: the share price fall happened in a large listed steel company that already trades at a higher P/E than many peers in the same industry set. Univest uses this kind of sector analysis to keep Jindal Steel & Power Share Price News grounded in verified context.
Peer Comparison
| Company | Symbol | Market Cap (Cr) | P/E | P/B | ROE (%) | ROCE (%) |
|---|---|---|---|---|---|---|
| Lloyds Metals & Energy | LLOYDSME | 1,03,572.85 | 21.73 | 6.77 | 40.27 | 27.59 |
| Jai Balaji Industries | JAIBALAJI | 5,931.46 | 41.01 | 2.53 | 5.93 | 9.63 |
| RAJPUTANA STAINLESS | RSL | 1,532.21 | 30.76 | 4 | 19.34 | 25.57 |
| Steel Exchange India | STEELXIND | 1,441.34 | 45.35 | 2.41 | 5.38 | 11.97 |
| SAL Steel | SALSTEEL | 1,353.57 | 108.9 | 9.04 | -0.38 | 5.59 |
Within the supplied peer set, Jindal Steel & Power Share Price sits above several listed names on market capitalisation and valuation. Lloyds Metals & Energy has a lower P/E of 21.73 but a much higher ROE of 40.27% and ROCE of 27.59%. Jai Balaji Industries carries a P/E of 41.01, close to Jindal Steel & Power’s 43.72, but its market cap is Rs 5,931.46 crore, far smaller than Jindal Steel & Power’s scale. RAJPUTANA STAINLESS shows a P/E of 30.76, P/B of 4, ROE of 19.34% and ROCE of 25.57%.
Steel Exchange India has a P/E of 45.35, slightly above Jindal Steel & Power Share Price valuation, while SAL Steel shows the highest P/B in the peer list at 9.04 but a negative ROE of -0.38%. From a pure number-comparison perspective, Jindal Steel & Power’s P/E is elevated relative to the industry median, its P/B is moderate, and its ROE and ROCE are lower than the stronger profit-return peers. Univest presents this peer comparison so readers can place Jindal Steel & Power Share Price Today against the same industry group without adding assumptions.
Why Investors Are Watching Jindal Steel & Power
- Jindal Steel & Power Share Price fell 2.11% today to Rs 1,140.40, below the previous close of Rs 1,165.
- The day’s open was Rs 1,160, the high was Rs 1,160 and the low was Rs 1,140.
- Turnover was Rs 4.61 crore, which is the exact figure supplied for today’s session.
- The stock’s P/E is 43.72, while P/B is 2.3, EPS is Rs 26.65 and book value is Rs 505.62.
- The company’s Rs 1,18,840.26 crore market capitalisation is the largest figure in the supplied sector benchmark set.
About Jindal Steel & Power
Jindal Steel & Power operates in the Iron & Steel sector and the Steel/Sponge Iron/Pig Iron industry. The supplied data identifies the company through its listed market profile and benchmark set, which places it alongside other Indian steel names in the same industry group. For readers searching Jindal Steel & Power Company News, the core factual identity remains the listed company, its sector classification and its size in the Indian equity market.
Jindal Steel & Power Share Price Today is therefore part of a broader listed-company profile that includes valuation, earnings and industry positioning. Univest keeps this section deliberately factual and concise so that the article remains focused on verified stock news rather than unsupported business claims. That approach also helps searchers who want Jindal Steel & Power Latest News, Jindal Steel & Power Market Cap and Jindal Steel & Power Stock Performance in one place.
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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 Univest (SEBI RA INH000013776).
Frequently Asked Questions
Why did Jindal Steel & Power Share Price fall today?
Ans. The supplied data confirms that Jindal Steel & Power Share Price fell 2.11% today, but it does not establish a company-specific catalyst. The stock closed at Rs 1,140.40, below the previous close of Rs 1,165.
What was Jindal Steel & Power Share Price Today?
Ans. Jindal Steel & Power Share Price Today was Rs 1,140.40. The stock opened at Rs 1,160, touched a high of Rs 1,160 and a low of Rs 1,140 before ending the session below the previous close.
How much did Jindal Steel & Power stock decline today?
Ans. Jindal Steel & Power Share Price declined by Rs -24.60, which equals -2.11% for the day. That move took the stock from the previous close of Rs 1,165 to Rs 1,140.40.
What is Jindal Steel & Power market capitalisation?
Ans. Jindal Steel & Power has a market capitalisation of Rs 1,18,840.26 crore. The supplied data categorises it as Large Cap, and its market value is far above the benchmark median in the same industry set.
How is Jindal Steel & Power valued versus peers?
Ans. Jindal Steel & Power Share Price trades at a P/E of 43.72 and P/B of 2.3. Its P/E is above the industry median of 32.24, while its P/B is equal to the benchmark median of 2.3.
What do Jindal Steel & Power ROE and ROCE show?
Ans. Jindal Steel & Power reports ROE of 6.88% and ROCE of 8.92%. Those figures are near the industry median for ROE and slightly below the benchmark median for ROCE in the supplied peer set.
