{"id":227132,"date":"2026-09-02T11:14:01","date_gmt":"2026-09-02T05:44:01","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=227132"},"modified":"2026-09-10T15:01:44","modified_gmt":"2026-09-10T09:31:44","slug":"why-jindal-stainless-share-price-fall-today-2026","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/why-jindal-stainless-share-price-fall-today-2026\/","title":{"rendered":"Jindal Stainless (JSL) Share Price Falls 2.48% Today; Stock News, Valuation and Sector View"},"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><a href=\"https:\/\/univest.in\/stocks\/jsl\/jindal-stainless-ltd-share-price-today\">Jindal Stainless (JSL)<\/a>share price fell to Rs 763.35 today, down 2.48% from the previous close. Market cap was Rs 60,883.39 crore.<\/em><\/div>\n<p style=\"margin-top:0!important;\">Jindal Stainless Share Price fell to Rs 763.35 on 10 September 2026, down 2.48% or Rs 19.45 from the previous close of Rs 782.80. The company\u2019s market capitalisation stood at Rs 60,883.39 crore. The Large Cap steel stock opened at Rs 785.80, touched a high of Rs 790.60 and slipped to an intraday low of Rs 762.50.<\/p>\n<p>The supplied data confirms the price move, but it does not identify a company-specific catalyst for the decline. That means the stock is in focus mainly because of the size of the move, its large-cap status and how its valuation and profitability compare with the broader steel universe.<\/p>\n<p>Key reported metrics provide additional context. Jindal Stainless has a P\/E ratio of 19.87, P\/B ratio of 3.16, ROE of 17.51%, ROCE of 19.19%, EPS of 39.41, book value of 248.05 and dividend yield of 0.51%. Technical reference points in the supplied data include a 50 DMA of 726.11, a 200 DMA of 742.64 and an RSI of 57.04.<\/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-stainless-share-price-fall-today-2026\/#Jindal_Stainless_JSL_Share_Price_Today_Price_Action_Analysis\" title=\"Jindal Stainless (JSL) Share Price Today: Price Action Analysis\">Jindal Stainless (JSL) 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-stainless-share-price-fall-today-2026\/#Jindal_Stainless_JSL_Fundamental_Analysis\" title=\"Jindal Stainless (JSL) Fundamental Analysis\">Jindal Stainless (JSL) 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-stainless-share-price-fall-today-2026\/#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-stainless-share-price-fall-today-2026\/#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-stainless-share-price-fall-today-2026\/#Why_Investors_Are_Watching_Jindal_Stainless\" title=\"Why Investors Are Watching Jindal Stainless\">Why Investors Are Watching Jindal Stainless<\/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-stainless-share-price-fall-today-2026\/#About_Jindal_Stainless\" title=\"About Jindal Stainless\">About Jindal Stainless<\/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-stainless-share-price-fall-today-2026\/#Track_Jindal_Stainless_Share_Price_on_Univest\" title=\"Track Jindal Stainless Share Price on Univest\">Track Jindal Stainless 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-stainless-share-price-fall-today-2026\/#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-stainless-share-price-fall-today-2026\/#Why_did_Jindal_Stainless_Share_Price_fall_today\" title=\"Why did Jindal Stainless Share Price fall today?\">Why did Jindal Stainless 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-stainless-share-price-fall-today-2026\/#What_is_Jindal_Stainless_Share_Price_today\" title=\"What is Jindal Stainless Share Price today?\">What is Jindal Stainless 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-stainless-share-price-fall-today-2026\/#How_does_Jindal_Stainless_compare_on_valuation\" title=\"How does Jindal Stainless compare on valuation?\">How does Jindal Stainless compare on 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-stainless-share-price-fall-today-2026\/#What_are_the_key_price_levels_for_today\" title=\"What are the key price levels for today?\">What are the key price levels for today?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/why-jindal-stainless-share-price-fall-today-2026\/#How_does_it_compare_with_peers_like_Tata_Steel_and_JSW_Steel\" title=\"How does it compare with peers like Tata Steel and JSW Steel?\">How does it compare with peers like Tata Steel and JSW Steel?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/univest.in\/blogs-2\/why-jindal-stainless-share-price-fall-today-2026\/#What_should_investors_monitor_after_this_decline\" title=\"What should investors monitor after this decline?\">What should investors monitor after this decline?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Jindal_Stainless_JSL_Share_Price_Today_Price_Action_Analysis\"><\/span><strong>Jindal Stainless (JSL) 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 763.35<\/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 782.8<\/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 19.45 (-2.48%)<\/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 785.8<\/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 790.6<\/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 762.5<\/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 2.71 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 60,883.39 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<p>Jindal Stainless Share Price Today reflects a clear intraday weakening pattern. The stock opened above the previous close, moved up to Rs 790.60, and then gave up those gains before nearing the day\u2019s low by the time of this update. That sequence points to selling pressure after the opening phase rather than a flat session.<\/p>\n<p>At Rs 763.35, the stock was below both the opening price of Rs 785.80 and the previous close of Rs 782.80. The intraday range of Rs 28.10 between the high and low is notable for a company of this size. Turnover of Rs 2.71 crore also indicates that the move was accompanied by active trading.<\/p>\n<p>Even after the day\u2019s fall, the stock remains above the 50 DMA of 726.11 and the 200 DMA of 742.64. RSI at 57.04 does not by itself explain the move, but it remains one more data point for traders evaluating momentum alongside the day\u2019s price action.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Jindal_Stainless_JSL_Fundamental_Analysis\"><\/span><strong>Jindal Stainless (JSL) 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 60,883.39 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;\">19.87x<\/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;\">3.16x<\/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;\">17.51%<\/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;\">19.19%<\/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 39.41<\/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 248.05<\/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;\">0.51%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>Jindal Stainless is a large listed company within steel, and the fundamental snapshot shows a mix of moderate valuation and solid return ratios. A P\/E of 19.87 places it close to the industry median discussed below, while a P\/B of 3.16 is richer than the sector median. That suggests the market is assigning a higher book-value multiple than many peers.<\/p>\n<p>Profitability remains a key part of the picture. ROE stands at 17.51% and ROCE at 19.19%, both comfortably above the same-industry medians in the supplied benchmark set. EPS is Rs 39.41, book value per share is Rs 248.05 and dividend yield is 0.51%, which points to a modest historical cash payout relative to the prevailing stock price.<\/p>\n<p>Because no trigger is specified in the data, the fundamental view matters more in interpreting the move. The numbers show a business with meaningful scale and relatively stronger profitability than much of its industry sample, even though the stock declined today.<\/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 &amp; Iron Products<\/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;\">19.87x<\/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;\">20.69x<\/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;\">36.41x<\/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;\">0.31x to 587.45x<\/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;\">3.16x<\/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;\">1.7x<\/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;\">2.29x<\/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;\">17.51%<\/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;\">9.41%<\/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;\">2.34%<\/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;\">19.19%<\/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;\">12.22%<\/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;\">9.79%<\/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 60,883.39 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 304.43 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 8,075.57 crore<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>The sector snapshot covers 140 companies in the same industry. On earnings valuation, Jindal Stainless trades at 19.87 times earnings versus a sector median of 20.69 and an average of 36.41 across 121 companies. That places it near the middle of the benchmark on P\/E, not at an extreme end.<\/p>\n<p>On book value, the company\u2019s P\/B of 3.16 is above the benchmark median of 1.70 and the average of 2.29 across 139 companies. Profitability compares more favourably: ROE of 17.51% is higher than the median of 9.41% and the average of 2.34%, while ROCE of 19.19% is above the median of 12.22% and the average of 9.79% across 137 companies.<\/p>\n<p>Scale also stands out. The company\u2019s market capitalisation of Rs 60,883.39 crore is far above the same-industry median market cap of Rs 304.43 crore and the average of Rs 8,075.57 crore, though below the industry maximum of Rs 3,18,031.29 crore. In simple terms, the stock represents a much larger player than the typical company in this benchmark universe.<\/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\/jswsteel\/jsw-steel-ltd-share-price-today\" style=\"color:#0645AD;text-decoration:underline;\"><strong>JSW Steel<\/strong><\/a><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">JSWSTEEL<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">3,18,031.29<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">12.93<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">3.07<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">28.54<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">20.67<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\"><a href=\"https:\/\/univest.in\/stocks\/tatasteel\/tata-steel-ltd-share-price-today\" style=\"color:#0645AD;text-decoration:underline;\"><strong>Tata Steel<\/strong><\/a><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">TATASTEEL<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">2,29,820.42<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">21.33<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">2.29<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">11.44<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">12.7<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\"><a href=\"https:\/\/univest.in\/stocks\/sail\/steel-authority-of-india-ltd-share-price-today\" style=\"color:#0645AD;text-decoration:underline;\"><strong>Steel Authority Of India<\/strong><\/a><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">SAIL<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">77,034.3<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">18.01<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">1.24<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">5.66<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">7.08<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\"><a href=\"https:\/\/univest.in\/stocks\/welcorp\/welspun-corp-ltd-share-price-today\" style=\"color:#0645AD;text-decoration:underline;\"><strong>Welspun Corp<\/strong><\/a><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">WELCORP<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">68,546<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">29.79<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">7.18<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">19.55<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">23.94<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\"><a href=\"https:\/\/univest.in\/stocks\/aplapollo\/apl-apollo-tubes-ltd-share-price-today\" style=\"color:#0645AD;text-decoration:underline;\"><strong>APL Apollo Tubes<\/strong><\/a><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">APLAPOLLO<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">60,600.34<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">48.97<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">10.82<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">25.35<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">31.83<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>Against major listed peers, the company sits in a middle zone on valuation. Its P\/E of 19.87 is higher than JSW Steel\u2019s 12.93, slightly below Tata Steel\u2019s 21.33 and above SAIL\u2019s 18.01. Welspun Corp at 29.79 and APL Apollo Tubes at 48.97 trade at much richer earnings multiples.<\/p>\n<p>On return ratios, the comparison is more balanced. JSW Steel reports ROE of 28.54% and ROCE of 20.67%, both ahead of Jindal Stainless at 17.51% and 19.19%. Tata Steel\u2019s ROE of 11.44% and ROCE of 12.70% are lower, while SAIL\u2019s 5.66% and 7.08% are materially lower. Welspun Corp and APL Apollo Tubes both show stronger profitability than Jindal Stainless on the supplied numbers.<\/p>\n<p>Market-cap positioning is also useful. At Rs 60,883.39 crore, Jindal Stainless is far smaller than JSW Steel and Tata Steel, below SAIL and Welspun Corp, and very close to APL Apollo Tubes at Rs 60,600.34 crore. Overall, the peer set suggests a sizeable steel player with reasonable earnings valuation and stronger profitability than several, but not all, comparables.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Why_Investors_Are_Watching_Jindal_Stainless\"><\/span><strong>Why Investors Are Watching Jindal Stainless<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ul>\n<li>Jindal Stainless Share Price fell 2.48% to Rs 763.35 after opening at Rs 785.80 and touching Rs 790.60.<\/li>\n<li>The stock remains above its 50 DMA of 726.11 and 200 DMA of 742.64 despite the intraday decline.<\/li>\n<li>Valuation stands at 19.87 times earnings and 3.16 times book value.<\/li>\n<li>ROE of 17.51% and ROCE of 19.19% are above same-industry medians.<\/li>\n<li>The market capitalisation of Rs 60,883.39 crore keeps it relevant in large-cap steel comparisons.<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"About_Jindal_Stainless\"><\/span><strong>About Jindal Stainless<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Jindal Stainless operates in the Iron &amp; Steel sector and is classified under the Steel &amp; Iron Products industry. Based on the supplied market-cap data, it is among the larger listed companies in this space. Its peer set in the benchmark data includes JSW Steel, Tata Steel, Steel Authority Of India, Welspun Corp and APL Apollo Tubes.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Track_Jindal_Stainless_Share_Price_on_Univest\"><\/span><strong>Track Jindal Stainless Share Price on Univest<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Use<a href=\"https:\/\/univest.in\/stocks\/jsl\/jindal-stainless-ltd-share-price-today\">Jindal Stainless (JSL) 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>Investors tracking Jindal Stainless Share Price can use Univest to monitor price action, market capitalisation, valuation ratios, profitability metrics and sector context in one place.<\/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;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_Stainless_Share_Price_fall_today\"><\/span><strong>Why did Jindal Stainless Share Price fall today?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong>&nbsp;Jindal Stainless Share Price fell 2.48% to Rs 763.35 on 10 September 2026, down Rs 19.45 from the previous close of Rs 782.80. The supplied data confirms the decline, but it does not establish a company-specific catalyst behind the move.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_Jindal_Stainless_Share_Price_today\"><\/span><strong>What is Jindal Stainless Share Price today?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong>&nbsp;The stock was at Rs 763.35 at the time of this update. It opened at Rs 785.80, touched Rs 790.60 during the session and recorded a low of Rs 762.50.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_does_Jindal_Stainless_compare_on_valuation\"><\/span><strong>How does Jindal Stainless compare on valuation?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong>&nbsp;The company trades at a P\/E of 19.87 and a P\/B of 3.16. Its P\/E is slightly below the same-industry median of 20.69, while its P\/B is above the industry median of 1.70.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_are_the_key_price_levels_for_today\"><\/span><strong>What are the key price levels for today?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong>&nbsp;The stock opened at Rs 785.80, recorded a high of Rs 790.60 and a low of Rs 762.50. With the current price at Rs 763.35, it was trading close to the lower end of the day\u2019s range.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_does_it_compare_with_peers_like_Tata_Steel_and_JSW_Steel\"><\/span><strong>How does it compare with peers like Tata Steel and JSW Steel?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong>&nbsp;Jindal Stainless has a P\/E of 19.87 versus Tata Steel\u2019s 21.33 and JSW Steel\u2019s 12.93. Its ROE of 17.51% is above Tata Steel\u2019s 11.44% but below JSW Steel\u2019s 28.54%. Comparable listed companies include JSW Steel, Tata Steel, Steel Authority Of.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_should_investors_monitor_after_this_decline\"><\/span><strong>What should investors monitor after this decline?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong>&nbsp;Investors may watch whether the stock holds above its day low of Rs 762.50, how it behaves relative to the 50 DMA and 200 DMA, and whether its valuation and profitability continue to compare well with peers.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Jindal Stainless Share Price falls to Rs 763.35. marking a 2.48% fall today. Market cap stands at Rs 60,883.39 crore.<\/p>\n","protected":false},"author":29,"featured_media":241444,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[842],"tags":[],"class_list":["post-227132","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["241444"],"rank_math_title":["Jindal Stainless Share Price Decline: Sector Comparison"],"rank_math_description":["Jindal Stainless Share Price fell 2.48% to Rs 763.35 today. Read price action, valuation, sector benchmark and peer analysis in this stock update."],"rank_math_focus_keyword":["Jindal Stainless 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\/09\/Jindal_Stainless_JSL_Share_Price_Falls_248_Today_Stock_News_Valuation_and_Sector_View_bearish.png","_links":{"self":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/227132","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=227132"}],"version-history":[{"count":2,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/227132\/revisions"}],"predecessor-version":[{"id":241445,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/227132\/revisions\/241445"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media\/241444"}],"wp:attachment":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media?parent=227132"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/categories?post=227132"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/tags?post=227132"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}