{"id":232985,"date":"2026-09-07T10:57:50","date_gmt":"2026-09-07T05:27:50","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=232985"},"modified":"2026-10-08T10:11:11","modified_gmt":"2026-10-08T04:41:11","slug":"why-jindal-steel-and-power-share-price-fall-today-2026","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/why-jindal-steel-and-power-share-price-fall-today-2026\/","title":{"rendered":"Jindal Steel &#038; Power (JINDALSTEL) Share Price Falls 2.6% as Third Straight Decline Extends"},"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 1,032.05 today, down 2.6% from the previous close. Market cap was Rs 1,10,679.56 crore.<\/em><\/div>\n<p style=\"margin-top:0!important;\">Jindal Steel &amp; Power Share Price was at Rs 1,032.05, down 2.6% from the previous close of Rs 1,059.60, and the company carried a market capitalisation of Rs 1,10,679.56 crore as of 08 October 2026 at 9:53:12 AM IST. According to latest Univest figures, this is the third consecutive session of decline, and the cumulative fall from the streak start base price of Rs 1,107 is 6.77%. The move keeps Jindal Steel &amp; Power Share Price in active focus for stock market readers tracking Jindal Steel &amp; Power Share Price Today, Jindal Steel &amp; Power Stock News and Jindal Steel &amp; Power Share Price News. Univest figures confirm the price action, but they do not point to a specific company trigger.<\/p>\n<p>For investors following Jindal Steel &amp; Power Share Price, the key point is that the fall comes without any verified company trigger in the available figures. That makes the day\u2019s move a price-action story first, then a valuation and sector comparison story. In that context, Jindal Steel &amp; Power Share Price remains relevant because the stock is a Large Cap name in the Iron &amp; Steel space, with financial ratios that can be compared against its industry set and listed peers. Univest data points to a clear intraday decline, a lower range of trade, and a market-cap profile that places the company among the larger names in the sector.<\/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-fall-today-2026\/#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-fall-today-2026\/#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-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-steel-and-power-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-steel-and-power-share-price-fall-today-2026\/#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-fall-today-2026\/#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-fall-today-2026\/#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-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-steel-and-power-share-price-fall-today-2026\/#Why_is_Jindal_Steel_Power_Share_Price_falling_today\" title=\"Why is Jindal Steel &amp; Power Share Price falling today?\">Why is Jindal Steel &amp; Power Share Price falling 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-fall-today-2026\/#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-fall-today-2026\/#What_does_Jindal_Steel_Power_Share_Price_tell_investors_right_now\" title=\"What does Jindal Steel &amp; Power Share Price tell investors right now?\">What does Jindal Steel &amp; Power Share Price tell investors right now?<\/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-fall-today-2026\/#How_large_is_Jindal_Steel_Power_by_market_capitalisation\" title=\"How large is Jindal Steel &amp; Power by market capitalisation?\">How large is Jindal Steel &amp; Power by market capitalisation?<\/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-steel-and-power-share-price-fall-today-2026\/#What_are_the_key_valuation_numbers_for_Jindal_Steel_Power_Share_Price\" title=\"What are the key valuation numbers for Jindal Steel &amp; Power Share Price?\">What are the key valuation numbers for Jindal Steel &amp; Power Share Price?<\/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-steel-and-power-share-price-fall-today-2026\/#How_does_Jindal_Steel_Power_Share_Price_compare_with_the_sector_benchmark\" title=\"How does Jindal Steel &amp; Power Share Price compare with the sector benchmark?\">How does Jindal Steel &amp; Power Share Price compare with the sector benchmark?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/univest.in\/blogs-2\/why-jindal-steel-and-power-share-price-fall-today-2026\/#How_does_Jindal_Steel_Power_Share_Price_compare_with_peers\" title=\"How does Jindal Steel &amp; Power Share Price compare with peers?\">How does Jindal Steel &amp; Power Share Price compare with peers?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/univest.in\/blogs-2\/why-jindal-steel-and-power-share-price-fall-today-2026\/#What_is_the_recent_trend_in_Jindal_Steel_Power_Share_Price\" title=\"What is the recent trend in Jindal Steel &amp; Power Share Price?\">What is the recent trend in Jindal Steel &amp; Power Share Price?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/univest.in\/blogs-2\/why-jindal-steel-and-power-share-price-fall-today-2026\/#Where_can_investors_track_Jindal_Steel_Power_Share_Price_and_stock_news\" title=\"Where can investors track Jindal Steel &amp; Power Share Price and stock news?\">Where can investors track Jindal Steel &amp; Power Share Price and stock news?<\/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 1,032.05<\/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 1,059.6<\/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 27.55 (-2.6%)<\/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 1,073.65<\/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 1,073.65<\/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 1,027.3<\/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 1,10,679.56 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 Steel &amp; Power Share Price opened at Rs 1,073.65, matched the day\u2019s high at Rs 1,073.65, and touched a low of Rs 1,027.30 before trading at Rs 1,032.05. The gap between the previous close of Rs 1,059.60 and the current level shows a fall of Rs 27.55, or 2.6%, while the day\u2019s range shows that the stock stayed under pressure after the opening print. As a Large Cap stock, Jindal Steel &amp; Power Share Price drew attention because the move came while the company\u2019s market capitalisation stood at Rs 1,10,679.56 crore. Jindal Steel &amp; Power Share Price Today therefore reflects a lower intraday path, a tested lower band, and a continuation of the three-session decline. Univest figures confirm the price action, but they do not point to a specific company trigger. That leads naturally into the fundamental analysis of Jindal Steel &amp; Power Share Price.<\/p>\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 1,10,679.56 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;\">39.76x<\/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;\">2.1x<\/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;\">0.19%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>Jindal Steel &amp; Power (JINDALSTEL) fundamental metrics show P\/E 39.76x, P\/B 2.1x, ROE 6.88%, ROCE 8.92%. Taken on their own, these numbers offer context rather than a trading signal.<\/p>\n<p>Jindal Steel &#038; Power has a market capitalisation of Rs 1,10,679.56 crore and falls in the Large Cap category, which gives readers a sense of company size before judging valuation. On valuation, P\/E at 39.76x, P\/B at 2.1x should be read against the sector and peer benchmarks rather than as a standalone signal. Profitability is represented by ROE of 6.88% and ROCE of 8.92%, helping investors compare shareholder returns and capital efficiency. According to latest Univest data, additional metrics include EPS of Rs 26.65, book value per share of Rs 505.62, dividend yield of 0.19%, 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 31.34x, median ROE of 5.93%, median ROCE of 8.95%. They set out the fundamental picture and are not a rating on the stock.<\/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;\">39.76x<\/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;\">31.34x<\/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;\">34.18x<\/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;\">9.31x to 100.86x<\/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;\">2.1x<\/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;\">2.1x<\/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;\">2.49x<\/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;\">5.93%<\/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;\">8.23%<\/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;\">8.95%<\/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;\">9.82%<\/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 1,10,679.56 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 400.74 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 17,427.35 crore<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>Jindal Steel &amp; Power (JINDALSTEL) operates in the Iron &amp; Steel sector, within the Steel\/Sponge Iron\/Pig Iron industry.<\/p>\n<p>Jindal Steel &amp; Power (JINDALSTEL) has a P\/E ratio of 39.76x, which is above the benchmark median of 31.34x, a difference of +26.87%. P\/E is a valuation multiple and is not, by itself, a buy or sell signal.<\/p>\n<p>Jindal Steel &amp; Power (JINDALSTEL) has a ROE of 6.88%, which is above the benchmark median of 5.93%, a difference of +16.02%. Jindal Steel &amp; Power (JINDALSTEL) has a ROCE of 8.92%, which is below the benchmark median of 8.95%, a difference of -0.34%.<\/p>\n<p>Track stocks among today&#39;s decliners through the <a href=\"https:\/\/univest.in\/screeners\/top-decliners\">Univest top decliners screener<\/a>. The peer table below provides the company-level comparison.<\/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;\">1,04,741.18<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">21.79<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">6.79<\/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;\">5,843.88<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">42.42<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">2.62<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">5.93<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">9.63<\/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;\">1,464.3<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">43.74<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">2.33<\/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\/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;\">1,460.34<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">29.31<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">3.81<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">19.34<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">25.57<\/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;\">1,253.68<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">100.86<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">8.37<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">-0.38<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">5.59<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>Jindal Steel &amp; Power (JINDALSTEL) has a P\/E ratio of 39.76x compared with the displayed peer median of 42.42x. The comparison is relative and should not be read as a recommendation. Its ROE of 6.88% compares with a peer median of 5.93% across the companies shown in the table. ROCE stood at 8.92% versus the displayed peer median of 11.97%, providing a capital-efficiency comparison. Jindal Steel &amp; Power (JINDALSTEL) has a market capitalisation of Rs 1,10,679.56 crore. It is larger by market capitalisation than all 5 peers shown.<\/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 &amp; Power Share Price fell 2.6% to Rs 1,032.05, extending a third consecutive session of decline.<\/li>\n<li>The move came with no verified company-specific catalyst, so Jindal Steel &amp; Power Stock News stays focused on price action and valuation.<\/li>\n<li>Jindal Steel &amp; Power Share Price Today sits above the industry median market cap and is compared with a large-cap peer group.<\/li>\n<li>The stock\u2019s P\/E of 39.76 is above the same-industry median and average, which keeps Jindal Steel &amp; Power Fundamental Analysis relevant.<\/li>\n<li>ROE of 6.88% and ROCE of 8.92% give investors numbers to monitor alongside Jindal Steel &amp; Power Share Price Update.<\/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 &amp; Power operates in the Iron &amp; Steel sector and the Steel\/Sponge Iron\/Pig Iron industry. The company is a Large Cap name with a market capitalisation of Rs 1,10,679.56 crore, and its listed presence makes Jindal Steel &amp; Power Share Price a regular reference point for stock market watchers. Its sector positioning places it within a broad steel value chain where valuation, profitability and capital returns are routinely compared with other listed producers. For readers following Jindal Steel &amp; Power Share Price News, the company\u2019s identity is tied to steel manufacturing and related industrial activity rather than a narrow single-line business profile.<\/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 <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 &amp; Power Share Price on Univest for live share price updates, fundamental ratios, 52-week levels, market capitalisation, sector context and peer comparison. Univest also helps users review Jindal Steel &amp; Power Stock Analysis, Jindal Steel &amp; Power Share Price Live and Jindal Steel &amp; Power Latest News in one place. The focus is on factual market information, not recommendations.<\/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> 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).<\/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_is_Jindal_Steel_Power_Share_Price_falling_today\"><\/span><strong>Why is Jindal Steel &amp; Power Share Price falling today?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong>&nbsp;Jindal Steel &amp; Power Share Price was at Rs 1,032.05, down 2.6% from the previous close. Univest figures confirm the price action, but they do not point to a specific company trigger.<\/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;Jindal Steel &amp; Power Share Price was Rs 1,032.05 as of 08 October 2026 at 9:53:12 AM IST. It traded below the previous close of Rs 1,059.60 and stayed within a lower intraday band.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_does_Jindal_Steel_Power_Share_Price_tell_investors_right_now\"><\/span><strong>What does Jindal Steel &amp; Power Share Price tell investors right now?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong>&nbsp;Jindal Steel &amp; Power Share Price shows a third straight decline and a cumulative fall of 6.77% from Rs 1,107. The move is relevant because it comes with a large market capitalisation and a higher P\/E.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_large_is_Jindal_Steel_Power_by_market_capitalisation\"><\/span><strong>How large is Jindal Steel &amp; Power by market capitalisation?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong>&nbsp;Jindal Steel &amp; Power Share Price is backed by a market capitalisation of Rs 1,10,679.56 crore. According to latest Univest figures, that places the company in the Large Cap category and above the industry benchmark median.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_are_the_key_valuation_numbers_for_Jindal_Steel_Power_Share_Price\"><\/span><strong>What are the key valuation numbers for Jindal Steel &amp; Power Share Price?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong>&nbsp;Jindal Steel &amp; Power Share Price carries a P\/E of 39.76 and a P\/B of 2.1. EPS is Rs 26.65, book value is Rs 505.62 and dividend yield is 0.19%, giving valuation context.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_does_Jindal_Steel_Power_Share_Price_compare_with_the_sector_benchmark\"><\/span><strong>How does Jindal Steel &amp; Power Share Price compare with the sector benchmark?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong>&nbsp;Jindal Steel &amp; Power Share Price has a P\/E above the same-industry median of 31.34 and average of 34.18. Its P\/B matches the benchmark median of 2.1, while ROE is above the median.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_does_Jindal_Steel_Power_Share_Price_compare_with_peers\"><\/span><strong>How does Jindal Steel &amp; Power Share Price compare with peers?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong>&nbsp;Jindal Steel &amp; Power Share Price has a higher market cap than the listed smaller peers and a P\/E above Lloyds Metals &amp; Energy and RAJPUTANA STAINLESS. Its ROE is below Lloyds Metals &amp; Energy.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_recent_trend_in_Jindal_Steel_Power_Share_Price\"><\/span><strong>What is the recent trend in Jindal Steel &amp; Power Share Price?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong>&nbsp;Jindal Steel &amp; Power Share Price has fallen for the third consecutive session. The cumulative decline from the streak start base price of Rs 1,107 is 6.77%, which keeps the stock in focus today.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Where_can_investors_track_Jindal_Steel_Power_Share_Price_and_stock_news\"><\/span><strong>Where can investors track Jindal Steel &amp; Power Share Price and stock news?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong>&nbsp;Investors can track Jindal Steel &amp; Power Share Price on Univest for live updates, ratios, 52-week levels and market insights. Jindal Steel &amp; Power Stock News and Jindal Steel &amp; Power Share Price News are covered in the same view.<\/p>\n<div class=\"faq-schema\"><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"Why is Jindal Steel & Power Share Price falling today?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Jindal Steel & Power Share Price was at Rs 1,032.05, down 2.6% from the previous close. Univest figures confirm the price action, but they do not point to a specific company trigger.\"}},{\"@type\":\"Question\",\"name\":\"What is Jindal Steel & Power Share Price today?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Jindal Steel & Power Share Price was Rs 1,032.05 as of 08 October 2026 at 9:53:12 AM IST. 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Its P\/B matches the benchmark median of 2.1, while ROE is above the median.\"}},{\"@type\":\"Question\",\"name\":\"How does Jindal Steel & Power Share Price compare with peers?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Jindal Steel & Power Share Price has a higher market cap than the listed smaller peers and a P\/E above Lloyds Metals & Energy and RAJPUTANA STAINLESS. Its ROE is below Lloyds Metals & Energy.\"}},{\"@type\":\"Question\",\"name\":\"What is the recent trend in Jindal Steel & Power Share Price?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Jindal Steel & Power Share Price has fallen for the third consecutive session. The cumulative decline from the streak start base price of Rs 1,107 is 6.77%, which keeps the stock in focus today.\"}},{\"@type\":\"Question\",\"name\":\"Where can investors track Jindal Steel & Power Share Price and stock news?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Investors can track Jindal Steel & Power Share Price on Univest for live updates, ratios, 52-week levels and market insights. Jindal Steel & Power Stock News and Jindal Steel & Power Share Price News are covered in the same view.\"}}]}<\/script><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Jindal Steel &#038; Power Share Price fell 2.6% to Rs 1,032.05 today. Market cap stands at Rs 1,10,679.56 crore.<\/p>\n","protected":false},"author":35,"featured_media":293726,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[842],"tags":[],"class_list":["post-232985","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["293726"],"rank_math_title":["Jindal Steel &amp; Power Share Price Falls 2.6%: Key Analysis"],"rank_math_description":["Jindal Steel &amp; Power Share Price fell 2.6% to Rs 1,032.05. Read 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\/10\/Jindal_Steel_Power_JINDALSTEL_Share_Price_Falls_26_as_Third_Straight_Decline_Extends_bearish.webp","_links":{"self":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/232985","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\/35"}],"replies":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/comments?post=232985"}],"version-history":[{"count":4,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/232985\/revisions"}],"predecessor-version":[{"id":293727,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/232985\/revisions\/293727"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media\/293726"}],"wp:attachment":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media?parent=232985"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/categories?post=232985"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/tags?post=232985"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}