Jindal Stainless Ltd. (JSL): Jindal Stainless Share Price Rises 2.02% to Rs 738.95
- September 18, 2026
- Posted by: Harsh Piplani
- Category: News
Jindal Stainless Share Price is in focus today after the stock rose 2.02% to Rs 738.95 from the previous close of Rs 724.30. The company’s market capitalisation now stands at Rs 60,244.46 crore, placing the move in a large listed business with sizeable market value. The latest Jindal Stainless Share Price Today update shows the stock opened at Rs 724.30, touched a day’s low of Rs 724.30 and a day’s high of Rs 739.75.
The Jindal Stainless Stock News flow available here confirms the price event, but it does not establish a company-specific catalyst. What matters for readers is the verified market action and the financial backdrop that can be checked alongside Jindal Stainless Fundamental Analysis and sector comparison. In this Jindal Stainless Share Price update, the market is reacting only in the sense that the price has moved higher on the day; the data itself does not identify why. Investors tracking Jindal Stainless Share News can also note that turnover stood at Rs 0.44 crore.
Jindal Stainless Share Price Today: Price Action Analysis
| Metric | Value |
|---|---|
| Current Price | Rs 738.95 |
| Previous Close | Rs 724.3 |
| Today's Move | Rs 14.65 (+2.02%) |
| Open | Rs 724.3 |
| High | Rs 739.75 |
| Low | Rs 724.3 |
| Turnover | Rs 0.44 crore |
| Market Capitalisation | Rs 60,244.46 crore |
| Market Cap Category | Large Cap |
Jindal Stainless Ltd. (JSL) rose to Rs 738.95 from the previous close of Rs 724.3, a move of Rs 14.65 or 2.02%. The stock opened at Rs 724.3, reached a high of Rs 739.75, recorded a low of Rs 724.3.
Jindal Stainless Share Price Today reflects a gain of Rs 14.65, or 2.02%, with the stock finishing above the previous close at Rs 738.95. The day’s range was narrow relative to the opening point, with the price starting at Rs 724.30, holding that as the day’s low, and reaching Rs 739.75 as the high. That places the stock near the upper end of the day’s range.
For readers following Jindal Stainless Share Price Rise and Jindal Stainless Stock Gaining Today, the verified facts are straightforward: the share price moved up, the move was measured, and the session remained contained within a tight intraday band. The Jindal Stainless Share Price live context is therefore best read as a same-day price rise rather than as a broader event with a stated trigger. This is the kind of price action Univest tracks closely when a stock enters Stocks in News and Market Movers screens.
Turnover was Rs 0.44 crore, which is a factual traded-value figure and should be read as such. It does not, by itself, explain the move. As with any Jindal Stainless Share Price News update, the confirmed data only supports the price change, not a narrative about the cause.
Jindal Stainless Ltd. (JSL) Fundamental Analysis
| Metric | Value |
|---|---|
| Market Capitalisation | Rs 60,244.46 crore |
| P/E Ratio | 18.38x |
| P/B Ratio | 2.92x |
| ROE | 17.51% |
| ROCE | 19.19% |
| EPS | Rs 39.41 |
| Book Value Per Share | Rs 248.05 |
| Dividend Yield | 0.55% |
Jindal Stainless Ltd. (JSL) fundamental metrics show P/E 18.38x, P/B 2.92x, ROE 17.51%, ROCE 19.19%. These figures provide context only and are not a buy or sell signal.
Jindal Stainless Ltd. has a market capitalisation of Rs 60244.46 crore and falls in the Large Cap category, which gives readers a sense of company size before judging valuation. On valuation, P/E at 18.38x, P/B at 2.92x should be read against the sector and peer benchmarks rather than as a standalone signal. Profitability is represented by ROE of 17.51% and ROCE of 19.19%, helping investors compare shareholder returns and capital efficiency. Additional supplied metrics include EPS of Rs 39.41, book value per share of Rs 248.05, dividend yield of 0.55%, adding context to earnings, balance-sheet value and historical payout. Against the supplied same industry benchmark, these figures can be compared with benchmark median P/E of 20.08x, median ROE of 9.28%, median ROCE of 12.22%. These numbers explain the fundamental backdrop without converting the article into a buy or sell view.
Sector and Industry Context
| Metric | Value |
|---|---|
| Sector | Iron & Steel |
| Industry | Steel & Iron Products |
| Benchmark Scope | same industry |
| Company P/E Ratio | 18.38x |
| Benchmark Median P/E | 20.08x |
| Benchmark Average P/E | 36.14x |
| Benchmark P/E Range | 0.43x to 586.5x |
| Company P/B Ratio | 2.92x |
| Benchmark Median P/B | 1.64x |
| Company ROE | 17.51% |
| Benchmark Median ROE | 9.28% |
| Company ROCE | 19.19% |
| Benchmark Median ROCE | 12.22% |
| Company Market Capitalisation | Rs 60,244.46 crore |
| Benchmark Median Market Cap | Rs 323.25 crore |
Jindal Stainless Ltd. (JSL) is classified under sector: Iron & Steel and industry: Steel & Iron Products.
Jindal Stainless Ltd. (JSL) has a P/E ratio of 18.38x, which is below the benchmark median of 20.08x, a difference of -8.47%. P/E is a valuation multiple and is not, by itself, a buy or sell signal.
Jindal Stainless Ltd. (JSL) has a ROE of 17.51%, which is above the benchmark median of 9.28%, a difference of +88.69%. Jindal Stainless Ltd. (JSL) has a ROCE of 19.19%, which is above the benchmark median of 12.22%, a difference of +57.04%.
Track stocks leading today through the Univest top gainers screener. The peer table below provides the company-level comparison.
Peer Comparison
| Company | Symbol | Market Cap (Cr) | P/E | P/B | ROE (%) | ROCE (%) |
|---|---|---|---|---|---|---|
| JSW Steel Ltd. | JSWSTEEL | 3,05,388.29 | 12.4 | 2.94 | 28.54 | 20.67 |
| Tata Steel Ltd. | TATASTEEL | 2,28,259.99 | 21.27 | 2.28 | 11.44 | 12.7 |
| Steel Authority Of India Ltd. | SAIL | 71,478.74 | 16.93 | 1.17 | 5.66 | 7.08 |
| Welspun Corp Ltd. | WELCORP | 63,900.65 | 28.11 | 6.78 | 19.55 | 23.94 |
| APL Apollo Tubes Ltd. | APLAPOLLO | 58,766.4 | 48.45 | 10.71 | 25.35 | 31.83 |
Jindal Stainless Ltd. (JSL) has a P/E ratio of 18.38x compared with the displayed peer median of 21.27x. This is a relative valuation comparison, not a buy or sell signal. Its ROE of 17.51% compares with a peer median of 19.55% across the companies shown in the table. ROCE stood at 19.19% versus the displayed peer median of 20.67%, providing a capital-efficiency comparison. Jindal Stainless Ltd. (JSL) has a market capitalisation of Rs 60,244.46 crore. Among the 5 peers shown, 4 have a larger market capitalisation.
Why Investors Are Watching Jindal Stainless
- Jindal Stainless Share Price rose 2.02% today to Rs 738.95, adding Rs 14.65 from the previous close.
- The session high was Rs 739.75 and the low was Rs 724.30, keeping price action within a narrow day range.
- The company’s market cap is Rs 60,244.46 crore, with P/E at 18.38 and P/B at 2.92.
- ROE stands at 17.51% and ROCE at 19.19%, which are both above the sector median in the supplied benchmark.
- Peer data places Jindal Stainless between lower-valuation names such as JSW Steel and higher-multiple names such as APL Apollo Tubes.
About Jindal Stainless
Jindal Stainless Ltd. is part of the Iron & Steel sector and the Steel & Iron Products industry. The business is known for stainless steel products used across industrial and consumer applications, and its listed equity is tracked on NSE and BSE under the symbol JSL. The supplied data does not include a detailed segment breakdown, so the company description here stays limited to the verified sector and industry context.
From a market perspective, Jindal Stainless Share Price reflects a company with a large market capitalisation, a positive profitability profile and a valuation that can be compared with other steel names. For readers following Jindal Stainless Company News, that combination of scale and financial metrics is often where the first layer of stock analysis begins. Univest keeps this company view aligned with the share price move, sector data and peer structure.
Track Jindal Stainless Share Price on Univest
Use Jindal Stainless Ltd. (JSL) live share-price page, Univest top gainers screener, Univest market blogs to review live stock data, top-gainers lists and related market analysis.
For readers comparing Jindal Stainless Share Price Today with Jindal Stainless Share Price Live and Jindal Stainless Latest News, Univest provides one place to review price movement, valuation, peer comparison and stock performance. That makes it easier to keep the stock on a watchlist without relying on unsupported headlines. Univest’s stock pages are designed to present market data in a clean and practical format.
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 Stainless Share Price rise today?
Ans. The verified data shows Jindal Stainless Share Price rose 2.02% to Rs 738.95, but it does not establish a company-specific catalyst. The article only confirms the price move, turnover and close.
What is Jindal Stainless Share Price Today?
Ans. Jindal Stainless Share Price Today is Rs 738.95. It moved up Rs 14.65 from the previous close of Rs 724.30 and finished near the day’s high of Rs 739.75. The previous close was Rs 724.3.
What is the market capitalisation of Jindal Stainless?
Ans. Jindal Stainless has a market capitalisation of Rs 60,244.46 crore. That places it well above the sector median in the supplied benchmark and gives context to its current Jindal Stainless Share Price.
How does Jindal Stainless compare on valuation?
Ans. Jindal Stainless trades at a P/E of 18.38 and a P/B of 2.92. In the supplied sector snapshot, its P/E is below the median, while its P/B is above the median.
What do ROE and ROCE show for Jindal Stainless?
Ans. ROE is 17.51% and ROCE is 19.19%. Both are above the sector median in the supplied benchmark, which provides useful context for Jindal Stainless Stock Analysis and valuation comparison. ROE stands at 17.51%.
What are the EPS and book value of Jindal Stainless?
Ans. EPS is Rs 39.41 and book value is Rs 248.05. EPS shows earnings attributable to each share, while book value indicates the accounting net worth behind each share at the current Jindal Stainless Share Price.
What is the dividend yield of Jindal Stainless?
Ans. Jindal Stainless has a dividend yield of 0.55%. This is a factual current yield measure, not a payout promise, and it sits alongside the stock’s price rise and valuation ratios.
How does Jindal Stainless compare with peers?
Ans. The peer set shows Jindal Stainless between lower-valuation names like JSW Steel and higher-multiple names like APL Apollo Tubes. Its market cap is smaller than JSW Steel and Tata Steel, but larger than some other peers.
