Jindal Stainless (JSL) Share Price rises 2.02% to Rs 738.95; market cap at Rs 59,016.08 crore
- September 1, 2026
- Posted by: Kunal Singla
- Category: News
Jindal Stainless Share Price is trading higher today at Rs 738.95, up 2.02% from the previous close of Rs 724.35, with market capitalisation at Rs 59,016.08 crore. The move places Jindal Stainless Share Price among the day’s notable gainers in the Indian stock market, even though no company-specific catalyst is established in the verified facts. According to latest Univest data, the price event is confirmed, and the stock is moving with a clear intraday gain rather than a broader narrative around earnings or corporate action. For readers tracking Jindal Stainless Share Price Today, the key question is how the price action, valuation and sector context fit together. Univest data shows the stock’s current price, day range and fundamentals in one view, helping investors monitor the move without reading more into it than the numbers allow. In this Jindal Stainless Share Price update, the immediate focus stays on price behaviour and measurable context.
Jindal Stainless Share Price Today: Price Action Analysis
| Metric | Value |
|---|---|
| Current Price | Rs 738.95 |
| Previous Close | Rs 724.35 |
| Today's Move | Rs 14.6 (+2.02%) |
| Open | Rs 734.9 |
| High | Rs 739.5 |
| Low | Rs 721.3 |
| Market Capitalisation | Rs 59,016.08 crore |
| Market Cap Category | Large Cap |
Jindal Stainless Ltd. (JSL) rose to Rs 738.95 from the previous close of Rs 724.35, a move of Rs 14.6 or 2.02%. The stock opened at Rs 734.9, reached a high of Rs 739.5, recorded a low of Rs 721.3.
Jindal Stainless Share Price rose by Rs 14.60 today, with the stock last traded at Rs 738.95 after opening at Rs 734.90. The day’s range so far spans Rs 721.30 to Rs 739.50, showing that Jindal Stainless Share Price is trading near the upper end of its intraday band. The previous close was Rs 724.35, so the current move is a clean price rise rather than a flat drift. For Jindal Stainless Share Price Today, the move is straightforward: a 2.02% gain with the stock holding above the open and near the day high. According to latest Univest data, this is a price action story first, and only after that a valuation story. That is why Jindal Stainless Share Price analysis should now shift from the move itself to the fundamentals that frame it.
Jindal Stainless Ltd. (JSL) Fundamental Analysis
| Metric | Value |
|---|---|
| Market Capitalisation | Rs 59,016.08 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%. Read together, these ratios describe the company’s position rather than a recommendation.
Jindal Stainless Ltd. has a market capitalisation of Rs 59,016.08 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. According to latest Univest data, additional 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 latest Univest same industry benchmark, these figures can be compared with benchmark median P/E of 19.96x, median ROE of 8.79%, median ROCE of 12.17%. 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 | 19.96x |
| Benchmark Average P/E | 36.49x |
| Benchmark P/E Range | 0.45x to 645.72x |
| Company P/B Ratio | 2.92x |
| Benchmark Median P/B | 1.66x |
| Company ROE | 17.51% |
| Benchmark Median ROE | 8.79% |
| Company ROCE | 19.19% |
| Benchmark Median ROCE | 12.17% |
| Company Market Capitalisation | Rs 59,016.08 crore |
| Benchmark Median Market Cap | Rs 313.45 crore |
Jindal Stainless Ltd. (JSL) operates in the Iron & Steel sector, within the Steel & Iron Products industry.
Jindal Stainless Ltd. (JSL) has a P/E ratio of 18.38x, which is below the benchmark median of 19.96x, a difference of -7.92%. The P/E comparison frames valuation; it is not a signal to buy or sell.
Jindal Stainless Ltd. (JSL) has a ROE of 17.51%, which is above the benchmark median of 8.79%, a difference of +99.2%. Jindal Stainless Ltd. (JSL) has a ROCE of 19.19%, which is above the benchmark median of 12.17%, a difference of +57.68%.
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 | 2,87,585.39 | 11.85 | 2.81 | 28.54 | 20.67 |
| Tata Steel Ltd. | TATASTEEL | 2,17,586.64 | 19.96 | 2.14 | 11.44 | 12.7 |
| Steel Authority Of India Ltd. | SAIL | 70,177.62 | 16.4 | 1.13 | 5.66 | 7.08 |
| Welspun Corp Ltd. | WELCORP | 69,467.95 | 28.37 | 6.84 | 19.55 | 23.94 |
| APL Apollo Tubes Ltd. | APLAPOLLO | 59,970.05 | 48.27 | 10.67 | 25.35 | 31.83 |
Jindal Stainless Ltd. (JSL) has a P/E ratio of 18.38x compared with the displayed peer median of 19.96x. Peer multiples give relative context only, not a buy or sell view. 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 59,016.08 crore. All 5 peers shown have a larger market capitalisation.
Why Investors Are Watching Jindal Stainless
- Jindal Stainless Share Price is rising today with a 2.02% gain and a Rs 14.60 increase from the previous close.
- The stock is trading near the upper end of the day’s range, which keeps Jindal Stainless Share Price in focus during the current Market Update.
- Jindal Stainless Fundamental Analysis shows P/E, P/B, ROE, ROCE, EPS and book value that can be compared directly with the Iron & Steel benchmark.
- Jindal Stainless Share Price Today compares well on ROE and ROCE versus the industry medians in the same industry benchmark.
- Jindal Stainless Stock News remains relevant because the stock’s valuation sits between lower-priced peers and premium-rated names in the sector.
About Jindal Stainless Ltd.
Jindal Stainless Ltd. operates in the Iron & Steel sector and the Steel & Iron Products industry. The company is known for stainless steel products and related offerings that serve industrial and consumer use cases. In the context of Jindal Stainless Share Price, this business model matters because the market usually values the company not just on scale, but also on earnings quality and return ratios. The latest Univest figures place Jindal Stainless Share Price alongside a Rs 59,016.08 crore market capitalisation, with valuation and return metrics that are material for stock analysis. For readers following Jindal Stainless Share Price Today, the company overview, sector classification and peer set give the core frame for understanding why the stock remains relevant in Indian stock market coverage. Jindal Stainless Share News therefore sits at the intersection of business fundamentals, industry positioning and daily price action.
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 Reg. No. INH000013776, a subsidiary of Univest Communication Technologies Private Limited).
Frequently Asked Questions
What is Jindal Stainless Share Price today?
Ans. Jindal Stainless Share Price is Rs 738.95, up 2.02% from the previous close of Rs 724.35. The stock is trading above its opening price of Rs 734.90 and near the intraday high.
Why is Jindal Stainless Share Price rising today?
Ans. Univest data confirms the move itself, though no company-specific trigger has been identified. Jindal Stainless Share Price is simply showing a same-day gain of Rs 14.60 and 2.02%.
What is Jindal Stainless market cap?
Ans. Jindal Stainless market cap stands at Rs 59,016.08 crore. In Jindal Stainless Share Price analysis, market capitalisation helps show the company’s scale, while valuation and return ratios explain how the stock is being priced.
What does Jindal Stainless Share Price tell investors today?
Ans. Jindal Stainless Share Price tells investors that the stock is trading higher with a measured intraday gain. The move is backed by a P/E of 18.38, P/B of 2.92 and ROE of 17.51%.
How does Jindal Stainless compare with its sector?
Ans. Jindal Stainless Share Price compares favourably on ROE and ROCE versus the same-industry medians. Its P/E is below the industry median, while its P/B is above the benchmark median and average.
Is Jindal Stainless Share Price expensive versus peers?
Ans. Jindal Stainless Share Price is neither the lowest-valued nor the richest in its peer set. Its P/E sits below Tata Steel, Welspun Corp and APL Apollo Tubes, but above JSW Steel and SAIL.
What are the key fundamentals behind Jindal Stainless Share Price?
Ans. The key fundamentals are P/E of 18.38, P/B of 2.92, EPS of Rs 39.41, book value of Rs 248.05 and dividend yield of 0.55%. ROE and ROCE add return context.
How should investors read Jindal Stainless Share News?
Ans. Jindal Stainless Share News should be read as a combination of price action, valuation and sector comparison. Today’s gain is real, but the broader context comes from the company’s fundamentals and industry benchmark.
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.
Track Jindal Stainless Share Price on Univest to follow live price updates, valuation ratios, 52-week levels and market insights in one place. Univest also brings together Jindal Stainless Stock News, Jindal Stainless Share Price Today and Jindal Stainless Fundamental Analysis so readers can compare the move with sector context and peer numbers. If you are watching Jindal Stainless Share Price Live, the platform is a useful way to review the current price, market cap, P/E, P/B, ROE, ROCE, EPS, book value and dividend yield together without losing sight of the day’s price action.
