Jindal Stainless (JSL) Share Price Rises 2.05% as JSL Tracks Rs 757.2
- September 1, 2026
- Posted by: Kunal Singla
- Category: News
Jindal Stainless Share Price is trading higher today, with JSL at Rs 757.2, up 2.05% from the previous close of Rs 742, while market capitalisation stands at Rs 60,380.49 crore. The move puts Jindal Stainless Share Price in focus across Indian Stock Market screens, especially because the latest Univest data confirms a clear same-day share price gain without needing to rely on speculation.For readers tracking Jindal Stainless Share Price Today, the key point is simple: the stock is trading above the previous close and near the day’s high, which keeps JSL among Stocks in News and part of broader Market Movers today.
This Jindal Stainless Share Price update matters because the move comes with a defined price range, a visible market cap, and valuation metrics that can be compared with the iron and steel universe. Univest data also helps place the Jindal Stainless Share Price move inside a wider fundamental and sector framework, which is useful for anyone looking at JSL Share Price, Jindal Stainless Stock News or Jindal Stainless Stock Analysis.
Jindal Stainless Share Price Today: Price Action Analysis
| Metric | Value |
|---|---|
| Current Price | Rs 757.2 |
| Previous Close | Rs 742 |
| Today's Move | Rs 15.2 (+2.05%) |
| Open | Rs 738.7 |
| High | Rs 757.9 |
| Low | Rs 738.7 |
| Market Capitalisation | Rs 60,380.49 crore |
| Market Cap Category | Large Cap |
Jindal Stainless Ltd. (JSL) rose to Rs 757.2 from the previous close of Rs 742, a move of Rs 15.2 or 2.05%. The stock opened at Rs 738.7, reached a high of Rs 757.9, recorded a low of Rs 738.7.
Jindal Stainless Share Price is up by Rs 15.2 today, and the stock is last traded at Rs 757.2 versus the previous close of Rs 742. The opening level was Rs 738.7, the same as the day’s low, while the day’s high is Rs 757.9. That means Jindal Stainless Share Price has moved close to the upper end of its intraday band, with a gain of 2.05% from the previous close. The latest Univest figures show a clean price rise in JSL Share Price rather than a wide or erratic swing, which keeps the focus on the actual share price movement. Jindal Stainless Share Price Today is therefore best read as a measured upward move in early trade, not as a conclusion about the rest of the day.
For readers following Jindal Stainless Share Price Live or Jindal Stainless Share Price Update, the important facts are the opening gap, the near-high trading position and the higher market capitalisation. According to latest Univest data, Jindal Stainless Share Price is trading above the previous close and has stayed within a tight range so far. That leads naturally into Jindal Stainless Fundamental Analysis, where valuation and return ratios give the price move useful context.
Why Jindal Stainless Ltd. (JSL) May Be Moving Today
Jindal Stainless Ltd. (JSL) Fundamental Analysis
| Metric | Value |
|---|---|
| Market Capitalisation | Rs 60,380.49 crore |
| P/E Ratio | 18.83x |
| P/B Ratio | 2.99x |
| ROE | 17.51% |
| ROCE | 19.19% |
| EPS | Rs 39.41 |
| Book Value Per Share | Rs 248.05 |
| Dividend Yield | 0.54% |
Jindal Stainless Ltd. (JSL) fundamental metrics show P/E 18.83x, P/B 2.99x, ROE 17.51%, ROCE 19.19%. These ratios show where the company stands today and are not a call to buy or sell.
Sector and Industry Context
| Metric | Value |
|---|---|
| Sector | Iron & Steel |
| Industry | Steel & Iron Products |
| Benchmark Scope | same industry |
| Company P/E Ratio | 18.83x |
| Benchmark Median P/E | 19.99x |
| Benchmark Average P/E | 36.13x |
| Benchmark P/E Range | 0.48x to 540.95x |
| Company P/B Ratio | 2.99x |
| Benchmark Median P/B | 1.73x |
| Company ROE | 17.51% |
| Benchmark Median ROE | 8.86% |
| Company ROCE | 19.19% |
| Benchmark Median ROCE | 12.2% |
| Company Market Capitalisation | Rs 60,380.49 crore |
| Benchmark Median Market Cap | Rs 310.99 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 18.83x, which is below the benchmark median of 19.99x, a difference of -5.8%. A P/E difference of this kind is a reference point rather than a recommendation.
Jindal Stainless Ltd. (JSL) has a ROE of 17.51%, which is above the benchmark median of 8.86%, a difference of +97.63%. Jindal Stainless Ltd. (JSL) has a ROCE of 19.19%, which is above the benchmark median of 12.2%, a difference of +57.3%.
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 | 3,00,790.84 | 12.16 | 2.88 | 28.54 | 20.67 |
| Tata Steel Ltd. | TATASTEEL | 2,23,578.7 | 20.14 | 2.16 | 11.44 | 12.7 |
| Steel Authority Of India Ltd. | SAIL | 71,871.14 | 17 | 1.17 | 5.66 | 7.08 |
| Welspun Corp Ltd. | WELCORP | 68,758.35 | 28.53 | 6.88 | 19.55 | 23.94 |
| APL Apollo Tubes Ltd. | APLAPOLLO | 58,860.81 | 47.37 | 10.47 | 25.35 | 31.83 |
Jindal Stainless Ltd. (JSL) has a P/E ratio of 18.83x compared with the displayed peer median of 20.14x. 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 60,380.49 crore. Among the 5 peers shown, 4 have a larger market capitalisation.
Why Investors Are Watching Jindal Stainless Share Price
- Jindal Stainless Share Price is trading 2.05% higher today, with the stock near its intraday high.
- The Jindal Stainless Share Price move comes with a market cap of Rs 60,380.49 crore, which gives the stock a large scale in the industry set.
- Jindal Stainless Fundamental Analysis shows P/E, P/B, ROE and ROCE that can be benchmarked against same-industry peers.
- Jindal Stainless Share Price Today sits below the same-industry P/E median but above the P/B median, which makes valuation comparison important.
- Jindal Stainless Share Price is also being watched because the reported Indian Oil partnership renewal adds business context to Jindal Stainless Stock News.
About Jindal Stainless
Jindal Stainless Ltd. operates in the Iron & Steel sector and the Steel & Iron Products industry. The company is known for stainless steel manufacturing and related metal products, and its business model is tied to industrial demand, manufacturing activity and the broader steel value chain. Jindal Stainless Share Price matters to investors because the company’s scale, profitability and capital efficiency are measurable through market capitalisation, P/E, P/B, ROE, ROCE, EPS and book value.
The company sits among some of the largest and most followed names in the steel universe, but Jindal Stainless Share Price today also reflects its own mix of return ratios and valuation. The current market cap of Rs 60,380.49 crore, along with EPS of Rs 39.41 and book value of Rs 248.05, gives a clearer picture of the business than price alone. In Jindal Stainless Company News and Jindal Stainless Stock Performance tracking, the focus generally stays on how the company’s operating profile compares with peers in the same industry.
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 757.2, up 2.05% from the previous close of Rs 742. The stock is trading near its day’s high, which keeps JSL in focus among iron and steel names.
Why is Jindal Stainless Share Price rising today?
Ans. According to Univest data, Jindal Stainless Share Price is higher today, and recent news reports mention a five-year lubricants partnership renewal with Indian Oil. The market data confirms the rise, while the catalyst remains unconfirmed.
What is the market cap of Jindal Stainless?
Ans. Jindal Stainless has a market capitalisation of Rs 60,380.49 crore. That scale is much higher than the industry median in the same benchmark set, which adds context to Jindal Stainless Share Price analysis.
What is Jindal Stainless P/E ratio?
Ans. Jindal Stainless trades at a P/E ratio of 18.83. This is slightly below the same-industry median of 19.99, which helps frame Jindal Stainless Share Price against the wider steel peer group.
How does Jindal Stainless compare on ROE and ROCE?
Ans. Jindal Stainless has ROE of 17.51% and ROCE of 19.19%. Both are above the same-industry medians, which is an important support point when assessing Jindal Stainless Share Price and fundamental quality.
What is the book value of Jindal Stainless?
Ans. Jindal Stainless book value is Rs 248.05 per share. Along with EPS of Rs 39.41 and P/B of 2.99, it gives a fuller picture of the accounting base behind Jindal Stainless Share Price.
Is Jindal Stainless expensive compared with peers?
Ans. Jindal Stainless is not the most expensive stock in the peer set on P/E, but its P/B is above the same-industry median. That mixed profile makes Jindal Stainless Share Price look balanced rather than extreme.
What should investors watch next in Jindal Stainless Share Price?
Ans. Investors can watch whether Jindal Stainless Share Price holds above the previous close and how the stock behaves relative to sector benchmarks. The company’s valuation, returns and business updates remain the key context.
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.
Investors tracking Jindal Stainless Share Price on Univest can follow the live share price, fundamental ratios, 52-week levels and market insights in one place. Jindal Stainless Share Price Today, Jindal Stainless Fundamental Analysis and Jindal Stainless Stock News can all be reviewed alongside peer comparison and sector context. For JSL Share Price watchers, Univest provides a structured way to monitor price action and valuation together.
