{"id":223410,"date":"2026-08-31T10:30:49","date_gmt":"2026-08-31T05:00:49","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=223410"},"modified":"2026-08-31T10:30:49","modified_gmt":"2026-08-31T05:00:49","slug":"why-jindal-steel-and-power-share-price-price-fall-2026-08-31","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/why-jindal-steel-and-power-share-price-price-fall-2026-08-31\/","title":{"rendered":"Jindal Steel &#038; Power (JINDALSTEL) Share Price Falls 2.05% Today; JINDALSTEL Closes at Rs 1,152.85"},"content":{"rendered":"<div class=\"univest-blue-summary\" style=\"border-left:4px solid #1F4E79;background:#EBF3FB;padding:12px 16px;margin:0 0 18px 0;font-style:italic;\"><em>Jindal Steel &amp; Power (JINDALSTEL) share price fell to Rs 1,152.85 today, down 2.05% from the previous close. Market cap was Rs 1,20,064.37 crore.<\/em><\/div>\n<p class=\"univest-article-timestamp\" style=\"font-size:14px;color:#5F6673;margin:8px 0 18px 0;;margin-top:0!important;margin-bottom:0!important;\"><strong>Published:<\/strong>&nbsp;&nbsp;&nbsp;31 August 2026 at 9:50:21 AM IST<\/p>\n<p style=\"margin-top:0!important;\">Jindal Steel &#038; Power Share Price declined to Rs 1,152.85 today, down 2.05% from the previous close, with the company valued at a market capitalisation of Rs 1,20,064.37 crore. The move makes JINDALSTEL a stock in focus for Jindal Steel &#038; Power Stock News readers tracking today\u2019s decline, the day\u2019s price action and the latest market cap context. Based on the supplied data, the article confirms the price event, but it does not establish a company-specific catalyst for the fall. For investors following Univest, the main questions now are how the stock moved through the session, how it compares with the sector benchmark and peers, and what the supplied fundamentals say about valuation.<\/p>\n<p>In this Jindal Steel &#038; Power Share Price update, the stock traded between Rs 1,152.3 and Rs 1,172 today, after opening at Rs 1,172 versus a previous close of Rs 1,177. The current move is a share price fall rather than a broader trend statement, and the verified figures allow a clean read on the day\u2019s price action. On Univest, this kind of Jindal Steel &#038; Power Stock News note helps readers separate observed market data from assumptions, especially when only the same-day move is confirmed.<\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/why-jindal-steel-and-power-share-price-price-fall-2026-08-31\/#Jindal_Steel_Power_JINDALSTEL_Share_Price_Today_Price_Action_Analysis\" title=\"Jindal Steel &amp; Power (JINDALSTEL) Share Price Today: Price Action Analysis\">Jindal Steel &amp; Power (JINDALSTEL) Share Price Today: Price Action Analysis<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/why-jindal-steel-and-power-share-price-price-fall-2026-08-31\/#Jindal_Steel_Power_JINDALSTEL_Fundamental_Analysis\" title=\"Jindal Steel &amp; Power (JINDALSTEL) Fundamental Analysis\">Jindal Steel &amp; Power (JINDALSTEL) Fundamental Analysis<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/why-jindal-steel-and-power-share-price-price-fall-2026-08-31\/#Sector_and_Industry_Context\" title=\"Sector and Industry Context\">Sector and Industry Context<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/why-jindal-steel-and-power-share-price-price-fall-2026-08-31\/#Peer_Comparison\" title=\"Peer Comparison\">Peer Comparison<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/why-jindal-steel-and-power-share-price-price-fall-2026-08-31\/#Why_Investors_Are_Watching_Jindal_Steel_Power\" title=\"Why Investors Are Watching Jindal Steel &amp; Power\">Why Investors Are Watching Jindal Steel &amp; Power<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/why-jindal-steel-and-power-share-price-price-fall-2026-08-31\/#About_Jindal_Steel_Power\" title=\"About Jindal Steel &amp; Power\">About Jindal Steel &amp; Power<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/why-jindal-steel-and-power-share-price-price-fall-2026-08-31\/#Track_Jindal_Steel_Power_Share_Price_on_Univest\" title=\"Track Jindal Steel &amp; Power Share Price on Univest\">Track Jindal Steel &amp; Power Share Price on Univest<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/why-jindal-steel-and-power-share-price-price-fall-2026-08-31\/#Frequently_Asked_Questions\" title=\"Frequently Asked Questions\">Frequently Asked Questions<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/why-jindal-steel-and-power-share-price-price-fall-2026-08-31\/#Why_did_Jindal_Steel_Power_Share_Price_fall_today\" title=\"Why did Jindal Steel &amp; Power Share Price fall today?\">Why did Jindal Steel &amp; Power Share Price fall today?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/why-jindal-steel-and-power-share-price-price-fall-2026-08-31\/#What_is_Jindal_Steel_Power_Share_Price_today\" title=\"What is Jindal Steel &amp; Power Share Price today?\">What is Jindal Steel &amp; Power Share Price today?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/why-jindal-steel-and-power-share-price-price-fall-2026-08-31\/#What_does_Jindal_Steel_Power_Share_Price_say_about_valuation\" title=\"What does Jindal Steel &amp; Power Share Price say about valuation?\">What does Jindal Steel &amp; Power Share Price say about valuation?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/why-jindal-steel-and-power-share-price-price-fall-2026-08-31\/#How_does_Jindal_Steel_Power_compare_with_peers\" title=\"How does Jindal Steel &amp; Power compare with peers?\">How does Jindal Steel &amp; Power compare with peers?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Jindal_Steel_Power_JINDALSTEL_Share_Price_Today_Price_Action_Analysis\"><\/span><strong>Jindal Steel &amp; Power (JINDALSTEL) Share Price Today: Price Action Analysis<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"width:100%;border-collapse:collapse;margin:16px 0 22px 0;\">\n<thead>\n<tr>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:10px 12px;background:#F7F9FC;\">Metric<\/th>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:10px 12px;background:#F7F9FC;\">Value<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Current Price<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 1,152.85<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Previous Close<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 1,177<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Today&#39;s Move<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">-Rs 24.15 (-2.05%)<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Open<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 1,172<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>High<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 1,172<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Low<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 1,152.3<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Turnover<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 0.47 crore<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Market Capitalisation<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 1,20,064.37 crore<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Market Cap Category<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Large Cap<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h2><span class=\"ez-toc-section\" id=\"Jindal_Steel_Power_JINDALSTEL_Fundamental_Analysis\"><\/span><strong>Jindal Steel &amp; Power (JINDALSTEL) Fundamental Analysis<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"width:100%;border-collapse:collapse;margin:16px 0 22px 0;\">\n<thead>\n<tr>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:10px 12px;background:#F7F9FC;\">Metric<\/th>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:10px 12px;background:#F7F9FC;\">Value<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Market Capitalisation<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 1,20,064.37 crore<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>P\/E Ratio<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">44.17x<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>P\/B Ratio<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">2.33x<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>ROE<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">6.88%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>ROCE<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">8.92%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>EPS<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 26.65<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Book Value Per Share<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 505.62<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Dividend Yield<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">0.17%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>Jindal Steel &#038; Power Fundamental Analysis is anchored by a market capitalisation of Rs 1,20,064.37 crore, an enterprise-scale valuation context that does not by itself indicate quality. The stock trades at a P\/E ratio of 44.17 and a P\/B ratio of 2.33. Its ROE is 6.88 and ROCE is 8.92, while EPS stands at Rs 26.65 and book value per share at Rs 505.62. The dividend yield is 0.17, which is a historical\/current payout metric and not a future promise. On these figures, Jindal Steel &#038; Power Share Price is attached to a valuation that is above the sector median on earnings multiples, while profitability ratios remain near the industry middle. That combination matters in Jindal Steel &#038; Power Stock News because it gives context to why the stock may be watched closely even on a down day. The numbers do not tell a story of a company-specific event, but they do show a stock with a sizable market value, a comparatively rich earnings multiple and return ratios that remain modest relative to the scale of the business. For readers of Jindal Steel &#038; Power Share Price Today, this is the fundamental backdrop behind the day\u2019s price fall, and it sets up the ownership and peer discussion that follows on Univest.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Sector_and_Industry_Context\"><\/span><strong>Sector and Industry Context<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"width:100%;border-collapse:collapse;margin:16px 0 22px 0;\">\n<thead>\n<tr>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:10px 12px;background:#F7F9FC;\">Metric<\/th>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:10px 12px;background:#F7F9FC;\">Value<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Sector<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Iron &amp; Steel<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Industry<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Steel\/Sponge Iron\/Pig Iron<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Benchmark Scope<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">same industry<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Company P\/E Ratio<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">44.17x<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Benchmark Median P\/E<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">25.69x<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Benchmark Average P\/E<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">31.53x<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Benchmark P\/E Range<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">9.37x to 87.51x<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Company P\/B Ratio<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">2.33x<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Benchmark Median P\/B<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">2.27x<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Benchmark Average P\/B<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">2.43x<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Company ROE<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">6.88%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Benchmark Median ROE<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">6.97%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Benchmark Average ROE<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">8.37%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Company ROCE<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">8.92%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Benchmark Median ROCE<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">9.34%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Benchmark Average ROCE<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">10.73%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Company Market Capitalisation<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 1,20,064.37 crore<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Benchmark Median Market Cap<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 415.25 crore<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Benchmark Average Market Cap<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 17,956.35 crore<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>Jindal Steel &#038; Power Share Price should also be read against the supplied Iron &#038; Steel sector context and the Steel\/Sponge Iron\/Pig Iron industry benchmark. The benchmark scope covers 13 companies in the same industry. Jindal Steel &#038; Power\u2019s P\/E of 44.17 is above the industry median of 25.69 and above the industry average of 31.53, while its P\/B of 2.33 is slightly above the median of 2.27 and below the average of 2.43. Its ROE of 6.88 is a touch below the median of 6.97, and ROCE of 8.92 is below the median of 9.34 and the average of 10.73. The company also sits at the top end of the industry market-cap set with Rs 1,20,064.37 crore, far above the industry median market cap of Rs 415.25 crore and the average of Rs 17,956.35 crore. This sector comparison matters because Jindal Steel &#038; Power Stock Analysis becomes more meaningful when viewed against peers in the same benchmark scope, rather than in isolation. The data shows valuation multiples that are not cheap versus the benchmark, while returns are close to, but slightly below, industry reference points. That is the sector backdrop for today\u2019s Jindal Steel &#038; Power Share Price decline.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Peer_Comparison\"><\/span><strong>Peer Comparison<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"width:100%;border-collapse:collapse;margin:16px 0 22px 0;\">\n<thead>\n<tr>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:8px;background:#F7F9FC;\">Company<\/th>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:8px;background:#F7F9FC;\">Symbol<\/th>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:8px;background:#F7F9FC;\">Market Cap (Cr)<\/th>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:8px;background:#F7F9FC;\">P\/E<\/th>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:8px;background:#F7F9FC;\">P\/B<\/th>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:8px;background:#F7F9FC;\">ROE (%)<\/th>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:8px;background:#F7F9FC;\">ROCE (%)<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\"><a href=\"https:\/\/univest.in\/stocks\/lloydsme\/lloyds-metals-and-energy-ltd-share-price-today\" style=\"color:#0645AD;text-decoration:underline;\"><strong>Lloyds Metals &amp; Energy<\/strong><\/a><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">LLOYDSME<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">1,01,950.89<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">21.39<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">6.66<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">40.27<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">27.59<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\"><a href=\"https:\/\/univest.in\/stocks\/jaibalaji\/jai-balaji-industries-ltd-share-price-today\" style=\"color:#0645AD;text-decoration:underline;\"><strong>Jai Balaji Industries<\/strong><\/a><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">JAIBALAJI<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">6,312.78<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">21.55<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">2.84<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">30.93<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">36.09<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\"><a href=\"https:\/\/univest.in\/stocks\/rsl\/rajputana-stainless-ltd-share-price-today\" style=\"color:#0645AD;text-decoration:underline;\"><strong>RAJPUTANA STAINLESS<\/strong><\/a><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">RSL<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">1,486.25<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">29.83<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">3.88<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">0<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">0<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\"><a href=\"https:\/\/univest.in\/stocks\/steelxind\/steel-exchange-india-ltd-share-price-today\" style=\"color:#0645AD;text-decoration:underline;\"><strong>Steel Exchange India<\/strong><\/a><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">STEELXIND<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">1,359.7<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">42.78<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">2.27<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">5.38<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">11.97<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\"><a href=\"https:\/\/univest.in\/stocks\/salsteel\/sal-steel-ltd-share-price-today\" style=\"color:#0645AD;text-decoration:underline;\"><strong>SAL Steel<\/strong><\/a><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">SALSTEEL<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">1,087.78<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">87.51<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">7.27<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">-16.53<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">4.89<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>Among the supplied peers, Jindal Steel &#038; Power Share Price sits well above most listed comparables on market capitalisation, with only Lloyds Metals &#038; Energy at Rs 1,01,950.89 crore coming closer in size. Jindal Steel &#038; Power\u2019s P\/E of 44.17 is higher than Lloyds Metals, Jai Balaji Industries, Rajputana Stainless, and lower than SAL Steel, while it is also above Steel Exchange India\u2019s 42.78. Its ROE of 6.88 is far below Lloyds Metals\u2019 40.27 and Jai Balaji\u2019s 30.93, but is close to the industry medians and slightly below Vraj Iron &#038; Steel\u2019s 7.74. ROCE at 8.92 is below Jai Balaji\u2019s 36.09 and Lloyds Metals\u2019 27.59, yet above SAL Steel\u2019s 4.89. The peer set shows that Jindal Steel &#038; Power Share Price is attached to a large balance-sheet footprint and a higher earnings multiple than many peers, while return ratios are more restrained than the strongest names in the group. For Univest readers, this is the key peer lens for today\u2019s Jindal Steel &#038; Power Stock News.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Why_Investors_Are_Watching_Jindal_Steel_Power\"><\/span><strong>Why Investors Are Watching Jindal Steel &amp; Power<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ul>\n<li>Jindal Steel &#038; Power Share Price fell 2.05% today to Rs 1,152.85 after closing at Rs 1,177 previously.<\/li>\n<li>The day\u2019s range was Rs 1,152.3 to Rs 1,172, with an opening price of Rs 1,172.<\/li>\n<li>Market capitalisation stands at Rs 1,20,064.37 crore, and the company is classified as Large Cap.<\/li>\n<li>The stock trades at a P\/E of 44.17, P\/B of 2.33, ROE of 6.88 and ROCE of 8.92.<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"About_Jindal_Steel_Power\"><\/span><strong>About Jindal Steel &amp; Power<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Jindal Steel &#038; Power operates in the Iron &#038; Steel sector and the Steel\/Sponge Iron\/Pig Iron industry. The supplied data identifies the company through its listed market context, sector classification and valuation metrics. For readers tracking Jindal Steel &#038; Power Share Price on Univest, the company profile is best understood through the market data presented here: size, valuation, profitability ratios and the relevant peer set. This keeps the discussion factual and tied to the verified stock record rather than broad industry assumptions.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Track_Jindal_Steel_Power_Share_Price_on_Univest\"><\/span><strong>Track Jindal Steel &amp; Power Share Price on Univest<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Use&nbsp;<a href=\"https:\/\/univest.in\/stocks\/jindalstel\/jindal-steel-and-power-ltd-share-price-today\">Jindal Steel &amp; Power (JINDALSTEL) live share-price page<\/a>,<a href=\"https:\/\/univest.in\/screeners\/top-decliners\">Univest top decliners screener<\/a>,<a href=\"https:\/\/univest.in\/blogs\">Univest market blogs<\/a> to review live stock data, top decliners and related market analysis.<\/p>\n<p>Readers can track Jindal Steel &#038; Power Share Price on Univest for live price updates, company news, market cap, fundamentals, shareholding pattern, 52-week levels and benchmark comparisons. Univest also brings together stock analysis, sector context and related market insights in one place for easier follow-up.<\/p>\n<div style=\"background:#CC0000;border-radius:8px;padding:16px 20px;margin:24px 0;\">\n<p style=\"color:#FFFFFF;font-size:13px;line-height:1.7;margin:0;\"><strong style=\"color:#FFFFFF;\">Disclaimer:<\/strong>&nbsp;&nbsp;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).<\/p>\n<\/div>\n<h2><span class=\"ez-toc-section\" id=\"Frequently_Asked_Questions\"><\/span><strong>Frequently Asked Questions<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"Why_did_Jindal_Steel_Power_Share_Price_fall_today\"><\/span><strong>Why did Jindal Steel &amp; Power Share Price fall today?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong>&nbsp;&nbsp;The supplied data confirms a 2.05% decline to Rs 1,152.85 from Rs 1,177, but it does not establish a company-specific catalyst. The move is therefore best read as verified price action.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_Jindal_Steel_Power_Share_Price_today\"><\/span><strong>What is Jindal Steel &amp; Power Share Price today?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong>&nbsp;&nbsp;Jindal Steel &amp; Power Share Price today is Rs 1,152.85. The stock closed Rs 24.15 lower than the previous close of Rs 1,177 after moving between Rs 1,152.3 and Rs 1,172.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_does_Jindal_Steel_Power_Share_Price_say_about_valuation\"><\/span><strong>What does Jindal Steel &amp; Power Share Price say about valuation?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong>&nbsp;&nbsp;Jindal Steel &amp; Power Share Price is linked to a P\/E of 44.17 and P\/B of 2.33. In the supplied industry benchmark, the P\/E sits above the median and average.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_does_Jindal_Steel_Power_compare_with_peers\"><\/span><strong>How does Jindal Steel &amp; Power compare with peers?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong>&nbsp;&nbsp;Jindal Steel &amp; Power has a market capitalisation of Rs 1,20,064.37 crore, far larger than most supplied peers. Its ROE of 6.88 and ROCE of 8.92 are lower than the strongest peer figures.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Jindal Steel &#038; Power Share Price falls to Rs 1,152.85. marking a 2.05% fall today. Market cap stands at Rs 1,20,064.37 crore.<\/p>\n","protected":false},"author":29,"featured_media":223409,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[842],"tags":[],"class_list":["post-223410","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["223409"],"rank_math_title":["Jindal Steel &amp; Power Share Price News After 2.05% Decline"],"rank_math_description":["Jindal Steel &amp; Power Share Price fell 2.05% to Rs 1,152.85 today. Read the price action, valuation, sector context and peer comparison."],"rank_math_focus_keyword":["Jindal Steel & Power Share Price"],"rank_math_robots":["a:2:{i:0;s:7:\"noindex\";i:1;s:8:\"nofollow\";}"]},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/univest.in\/blogs-2\/wp-content\/uploads\/2026\/08\/Jindal_Steel_Power_JINDALSTEL_Share_Price_Falls_205_Today_JINDALSTEL_Closes_at_Rs_115285_bearish.png","_links":{"self":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/223410","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/users\/29"}],"replies":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/comments?post=223410"}],"version-history":[{"count":1,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/223410\/revisions"}],"predecessor-version":[{"id":223411,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/223410\/revisions\/223411"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media\/223409"}],"wp:attachment":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media?parent=223410"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/categories?post=223410"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/tags?post=223410"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}