{"id":256141,"date":"2026-09-18T11:32:08","date_gmt":"2026-09-18T06:02:08","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=256141"},"modified":"2026-09-18T11:32:08","modified_gmt":"2026-09-18T06:02:08","slug":"why-jindal-stainless-ltd-share-price-price-rise-2026-09-18","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/why-jindal-stainless-ltd-share-price-price-rise-2026-09-18\/","title":{"rendered":"Jindal Stainless Ltd. (JSL): Jindal Stainless Share Price Rises 2.02% to Rs 738.95"},"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 Ltd. (JSL)<\/a> share price rose to Rs 738.95 today, up 2.02% from the previous close. Market cap was Rs 60,244.46 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> 18 September 2026 at 11:18:49 AM IST<\/p>\n<p style=\"margin-top:0!important;\">Jindal Stainless Share Price is in focus today after the stock rose 2.02% to Rs 738.95 from the previous close of Rs 724.30. The company\u2019s market capitalisation now stands at Rs 60,244.46 crore, placing the move in a large listed business with sizeable market value. The latest Jindal Stainless Share Price Today update shows the stock opened at Rs 724.30, touched a day\u2019s low of Rs 724.30 and a day\u2019s high of Rs 739.75.<\/p>\n<p>The Jindal Stainless Stock News flow available here confirms the price event, but it does not establish a company-specific catalyst. What matters for readers is the verified market action and the financial backdrop that can be checked alongside Jindal Stainless Fundamental Analysis and sector comparison. In this Jindal Stainless Share Price update, the market is reacting only in the sense that the price has moved higher on the day; the data itself does not identify why. Investors tracking Jindal Stainless Share News can also note that turnover stood at Rs 0.44 crore.<\/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-ltd-share-price-price-rise-2026-09-18\/#Jindal_Stainless_Share_Price_Today_Price_Action_Analysis\" title=\"Jindal Stainless Share Price Today: Price Action Analysis\">Jindal Stainless 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-ltd-share-price-price-rise-2026-09-18\/#Jindal_Stainless_Ltd_JSL_Fundamental_Analysis\" title=\"Jindal Stainless Ltd. (JSL) Fundamental Analysis\">Jindal Stainless Ltd. (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-ltd-share-price-price-rise-2026-09-18\/#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-ltd-share-price-price-rise-2026-09-18\/#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-ltd-share-price-price-rise-2026-09-18\/#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-ltd-share-price-price-rise-2026-09-18\/#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-ltd-share-price-price-rise-2026-09-18\/#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-ltd-share-price-price-rise-2026-09-18\/#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-ltd-share-price-price-rise-2026-09-18\/#Why_did_Jindal_Stainless_Share_Price_rise_today\" title=\"Why did Jindal Stainless Share Price rise today?\">Why did Jindal Stainless Share Price rise 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-ltd-share-price-price-rise-2026-09-18\/#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-ltd-share-price-price-rise-2026-09-18\/#What_is_the_market_capitalisation_of_Jindal_Stainless\" title=\"What is the market capitalisation of Jindal Stainless?\">What is the market capitalisation of Jindal Stainless?<\/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-ltd-share-price-price-rise-2026-09-18\/#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-13\" href=\"https:\/\/univest.in\/blogs-2\/why-jindal-stainless-ltd-share-price-price-rise-2026-09-18\/#What_do_ROE_and_ROCE_show_for_Jindal_Stainless\" title=\"What do ROE and ROCE show for Jindal Stainless?\">What do ROE and ROCE show for Jindal Stainless?<\/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-ltd-share-price-price-rise-2026-09-18\/#What_are_the_EPS_and_book_value_of_Jindal_Stainless\" title=\"What are the EPS and book value of Jindal Stainless?\">What are the EPS and book value of Jindal Stainless?<\/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-stainless-ltd-share-price-price-rise-2026-09-18\/#What_is_the_dividend_yield_of_Jindal_Stainless\" title=\"What is the dividend yield of Jindal Stainless?\">What is the dividend yield of Jindal Stainless?<\/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-stainless-ltd-share-price-price-rise-2026-09-18\/#How_does_Jindal_Stainless_compare_with_peers\" title=\"How does Jindal Stainless compare with peers?\">How does Jindal Stainless compare with peers?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Jindal_Stainless_Share_Price_Today_Price_Action_Analysis\"><\/span><strong>Jindal Stainless 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<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<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 738.95<\/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 724.3<\/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 14.65 (+2.02%)<\/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 724.3<\/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 739.75<\/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 724.3<\/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 0.44 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 60,244.46 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<\/table>\n<p>Jindal Stainless Ltd. (JSL) rose to Rs 738.95 from the previous close of Rs 724.3, a move of Rs 14.65 or 2.02%. The stock opened at Rs 724.3, reached a high of Rs 739.75, recorded a low of Rs 724.3.<\/p>\n<p>Jindal Stainless Share Price Today reflects a gain of Rs 14.65, or 2.02%, with the stock finishing above the previous close at Rs 738.95. The day\u2019s range was narrow relative to the opening point, with the price starting at Rs 724.30, holding that as the day\u2019s low, and reaching Rs 739.75 as the high. That places the stock near the upper end of the day\u2019s range.<\/p>\n<p>For readers following Jindal Stainless Share Price Rise and Jindal Stainless Stock Gaining Today, the verified facts are straightforward: the share price moved up, the move was measured, and the session remained contained within a tight intraday band. The Jindal Stainless Share Price live context is therefore best read as a same-day price rise rather than as a broader event with a stated trigger. This is the kind of price action Univest tracks closely when a stock enters Stocks in News and Market Movers screens.<\/p>\n<p>Turnover was Rs 0.44 crore, which is a factual traded-value figure and should be read as such. It does not, by itself, explain the move. As with any Jindal Stainless Share Price News update, the confirmed data only supports the price change, not a narrative about the cause.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Jindal_Stainless_Ltd_JSL_Fundamental_Analysis\"><\/span><strong>Jindal Stainless Ltd. (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<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<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 60,244.46 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;\">18.38x<\/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;\">2.92x<\/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;\">0.55%<\/td>\n<\/tr>\n<\/table>\n<p>Jindal Stainless Ltd. (JSL) fundamental metrics show P\/E 18.38x, P\/B 2.92x, ROE 17.51%, ROCE 19.19%. These figures provide context only and are not a buy or sell signal.<\/p>\n<p>Jindal Stainless Ltd. has a market capitalisation of Rs 60244.46 crore and falls in the Large Cap category, which gives readers a sense of company size before judging valuation. On valuation, P\/E at 18.38x, P\/B at 2.92x should be read against the sector and peer benchmarks rather than as a standalone signal. Profitability is represented by ROE of 17.51% and ROCE of 19.19%, helping investors compare shareholder returns and capital efficiency. Additional supplied metrics include EPS of Rs 39.41, book value per share of Rs 248.05, dividend yield of 0.55%, adding context to earnings, balance-sheet value and historical payout. Against the supplied same industry benchmark, these figures can be compared with benchmark median P\/E of 20.08x, median ROE of 9.28%, median ROCE of 12.22%. These numbers explain the fundamental backdrop without converting the article into a buy or sell view.<\/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<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<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;\">18.38x<\/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;\">20.08x<\/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;\">36.14x<\/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;\">0.43x to 586.5x<\/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;\">2.92x<\/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;\">1.64x<\/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;\">9.28%<\/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>Company Market Capitalisation<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 60,244.46 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 323.25 crore<\/td>\n<\/tr>\n<\/table>\n<p>Jindal Stainless Ltd. (JSL) is classified under sector: Iron &amp; Steel and industry: Steel &amp; Iron Products.<\/p>\n<p>Jindal Stainless Ltd. (JSL) has a P\/E ratio of 18.38x, which is below the benchmark median of 20.08x, a difference of -8.47%. P\/E is a valuation multiple and is not, by itself, a buy or sell signal.<\/p>\n<p>Jindal Stainless Ltd. (JSL) has a ROE of 17.51%, which is above the benchmark median of 9.28%, a difference of +88.69%. Jindal Stainless Ltd. (JSL) has a ROCE of 19.19%, which is above the benchmark median of 12.22%, a difference of +57.04%.<\/p>\n<p>Track stocks leading today through the <a href=\"https:\/\/univest.in\/screeners\/top-gainers\">Univest top gainers 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\/jswsteel\/jsw-steel-ltd-share-price-today\" style=\"color:#0645AD;text-decoration:underline;\"><strong>JSW Steel Ltd.<\/strong><\/a><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">JSWSTEEL<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">3,05,388.29<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">12.4<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">2.94<\/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 Ltd.<\/strong><\/a><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">TATASTEEL<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">2,28,259.99<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">21.27<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">2.28<\/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 Ltd.<\/strong><\/a><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">SAIL<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">71,478.74<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">16.93<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">1.17<\/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 Ltd.<\/strong><\/a><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">WELCORP<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">63,900.65<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">28.11<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">6.78<\/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 Ltd.<\/strong><\/a><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">APLAPOLLO<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">58,766.4<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">48.45<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">10.71<\/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>Jindal Stainless Ltd. (JSL) has a P\/E ratio of 18.38x compared with the displayed peer median of 21.27x. This is a relative valuation comparison, not a buy or sell signal. Its ROE of 17.51% compares with a peer median of 19.55% across the companies shown in the table. ROCE stood at 19.19% versus the displayed peer median of 20.67%, providing a capital-efficiency comparison. Jindal Stainless Ltd. (JSL) has a market capitalisation of Rs 60,244.46 crore. Among the 5 peers shown, 4 have a larger market capitalisation.<\/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 rose 2.02% today to Rs 738.95, adding Rs 14.65 from the previous close.<\/li>\n<li>The session high was Rs 739.75 and the low was Rs 724.30, keeping price action within a narrow day range.<\/li>\n<li>The company\u2019s market cap is Rs 60,244.46 crore, with P\/E at 18.38 and P\/B at 2.92.<\/li>\n<li>ROE stands at 17.51% and ROCE at 19.19%, which are both above the sector median in the supplied benchmark.<\/li>\n<li>Peer data places Jindal Stainless between lower-valuation names such as JSW Steel and higher-multiple names such as APL Apollo Tubes.<\/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 Ltd. is part of the Iron &#038; Steel sector and the Steel &#038; Iron Products industry. The business is known for stainless steel products used across industrial and consumer applications, and its listed equity is tracked on NSE and BSE under the symbol JSL. The supplied data does not include a detailed segment breakdown, so the company description here stays limited to the verified sector and industry context.<\/p>\n<p>From a market perspective, Jindal Stainless Share Price reflects a company with a large market capitalisation, a positive profitability profile and a valuation that can be compared with other steel names. For readers following Jindal Stainless Company News, that combination of scale and financial metrics is often where the first layer of stock analysis begins. Univest keeps this company view aligned with the share price move, sector data and peer structure.<\/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 Ltd. (JSL) live share-price page<\/a>, <a href=\"https:\/\/univest.in\/screeners\/top-gainers\">Univest top gainers screener<\/a>, <a href=\"https:\/\/univest.in\/blogs\">Univest market blogs<\/a> to review live stock data, top-gainers lists and related market analysis.<\/p>\n<p>For readers comparing Jindal Stainless Share Price Today with Jindal Stainless Share Price Live and Jindal Stainless Latest News, Univest provides one place to review price movement, valuation, peer comparison and stock performance. That makes it easier to keep the stock on a watchlist without relying on unsupported headlines. Univest\u2019s stock pages are designed to present market data in a clean and practical format.<\/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 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_rise_today\"><\/span><strong>Why did Jindal Stainless Share Price rise today?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The verified data shows Jindal Stainless Share Price rose 2.02% to Rs 738.95, but it does not establish a company-specific catalyst. The article only confirms the price move, turnover and close.<\/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> Jindal Stainless Share Price Today is Rs 738.95. It moved up Rs 14.65 from the previous close of Rs 724.30 and finished near the day\u2019s high of Rs 739.75. The previous close was Rs 724.3.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_market_capitalisation_of_Jindal_Stainless\"><\/span><strong>What is the market capitalisation of Jindal Stainless?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Jindal Stainless has a market capitalisation of Rs 60,244.46 crore. That places it well above the sector median in the supplied benchmark and gives context to its current Jindal Stainless Share Price.<\/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> Jindal Stainless trades at a P\/E of 18.38 and a P\/B of 2.92. In the supplied sector snapshot, its P\/E is below the median, while its P\/B is above the median.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_do_ROE_and_ROCE_show_for_Jindal_Stainless\"><\/span><strong>What do ROE and ROCE show for Jindal Stainless?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> ROE is 17.51% and ROCE is 19.19%. Both are above the sector median in the supplied benchmark, which provides useful context for Jindal Stainless Stock Analysis and valuation comparison. ROE stands at 17.51%.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_are_the_EPS_and_book_value_of_Jindal_Stainless\"><\/span><strong>What are the EPS and book value of Jindal Stainless?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> EPS is Rs 39.41 and book value is Rs 248.05. EPS shows earnings attributable to each share, while book value indicates the accounting net worth behind each share at the current Jindal Stainless Share Price.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_dividend_yield_of_Jindal_Stainless\"><\/span><strong>What is the dividend yield of Jindal Stainless?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Jindal Stainless has a dividend yield of 0.55%. This is a factual current yield measure, not a payout promise, and it sits alongside the stock\u2019s price rise and valuation ratios.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_does_Jindal_Stainless_compare_with_peers\"><\/span><strong>How does Jindal Stainless compare with peers?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The peer set shows Jindal Stainless between lower-valuation names like JSW Steel and higher-multiple names like APL Apollo Tubes. Its market cap is smaller than JSW Steel and Tata Steel, but larger than some other peers.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Jindal Stainless Ltd. Share Price rises to Rs 738.95. marking a 2.02% rise today. Market cap stands at Rs 60,244.46 crore.<\/p>\n","protected":false},"author":29,"featured_media":256139,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[842],"tags":[],"class_list":["post-256141","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["256139"],"rank_math_title":["Jindal Stainless Share Price Today: Valuation and Peers"],"rank_math_description":["Jindal Stainless Share Price rose 2.02% to Rs 738.95. Read the key price action, valuation, sector benchmark and peer comparison."],"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_Ltd_JSL_Jindal_Stainless_Share_Price_Rises_202_to_Rs_73895_bullish.png","_links":{"self":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/256141","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=256141"}],"version-history":[{"count":1,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/256141\/revisions"}],"predecessor-version":[{"id":256143,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/256141\/revisions\/256143"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media\/256139"}],"wp:attachment":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media?parent=256141"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/categories?post=256141"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/tags?post=256141"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}