{"id":263757,"date":"2026-09-23T11:26:22","date_gmt":"2026-09-23T05:56:22","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=263757"},"modified":"2026-09-23T11:26:22","modified_gmt":"2026-09-23T05:56:22","slug":"why-jindal-steel-and-power-ltd-share-price-price-rise-2026-09-23","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/why-jindal-steel-and-power-ltd-share-price-price-rise-2026-09-23\/","title":{"rendered":"Jindal Steel &#038; Power Ltd. (JINDALSTEL): Jindal Steel &#038; Power Share Price Rises 2.06% Today"},"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 Ltd. (JINDALSTEL) share price rose to Rs 1,161.9 today, up 2.06% from the previous close. Market cap was Rs 1,15,708.59 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> 23 September 2026 at 11:18:46 AM IST<\/p>\n<p style=\"margin-top:0!important;\">Jindal Steel &#038; Power Share Price rose to Rs 1,161.90 on 23 September 2026, up 2.06% from the previous close of Rs 1,138.50. The company\u2019s market capitalisation stands at Rs 1,15,708.59 crore, placing the move in a large listed business with meaningful sector visibility. Jindal Steel &#038; Power Share Price Today reflects a gain of Rs 23.40, with the stock opening at Rs 1,140.00, touching Rs 1,163.00 and recording an intraday low of Rs 1,140.00. The supplied data confirms a same-day price rise, but it does not establish a company-specific catalyst. For readers tracking Jindal Steel &#038; Power Stock News, the key context today is straightforward: the share price moved higher, turnover stood at Rs 0.97 crore, and the valuation remains elevated versus the same-industry median. Univest will continue to track the move through Jindal Steel &#038; Power Share Price Update, Jindal Steel &#038; Power Stock Analysis and Jindal Steel &#038; Power Fundamental Analysis.<\/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-ltd-share-price-price-rise-2026-09-23\/#Jindal_Steel_Power_Share_Price_Today_Price_Action_Analysis\" title=\"Jindal Steel &#038; Power Share Price Today: Price Action Analysis\">Jindal Steel &#038; Power 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-ltd-share-price-price-rise-2026-09-23\/#Jindal_Steel_Power_Ltd_JINDALSTEL_Fundamental_Analysis\" title=\"Jindal Steel &amp; Power Ltd. (JINDALSTEL) Fundamental Analysis\">Jindal Steel &amp; Power Ltd. (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-ltd-share-price-price-rise-2026-09-23\/#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-ltd-share-price-price-rise-2026-09-23\/#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-ltd-share-price-price-rise-2026-09-23\/#Why_Investors_Are_Watching_Jindal_Steel_Power\" title=\"Why Investors Are Watching Jindal Steel &#038; Power\">Why Investors Are Watching Jindal Steel &#038; 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-ltd-share-price-price-rise-2026-09-23\/#About_Jindal_Steel_Power\" title=\"About Jindal Steel &#038; Power\">About Jindal Steel &#038; 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-ltd-share-price-price-rise-2026-09-23\/#Track_Jindal_Steel_Power_Share_Price_on_Univest\" title=\"Track Jindal Steel &#038; Power Share Price on Univest\">Track Jindal Steel &#038; 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-ltd-share-price-price-rise-2026-09-23\/#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-ltd-share-price-price-rise-2026-09-23\/#Why_did_Jindal_Steel_Power_share_price_rise_today\" title=\"Why did Jindal Steel &amp; Power share price rise today?\">Why did Jindal Steel &amp; Power 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-steel-and-power-ltd-share-price-price-rise-2026-09-23\/#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-ltd-share-price-price-rise-2026-09-23\/#What_is_Jindal_Steel_Power_market_cap\" title=\"What is Jindal Steel &amp; Power market cap?\">What is Jindal Steel &amp; Power market cap?<\/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-ltd-share-price-price-rise-2026-09-23\/#How_expensive_is_Jindal_Steel_Power_on_valuation_metrics\" title=\"How expensive is Jindal Steel &amp; Power on valuation metrics?\">How expensive is Jindal Steel &amp; Power on valuation metrics?<\/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-ltd-share-price-price-rise-2026-09-23\/#What_do_Jindal_Steel_Power_ROE_and_ROCE_show\" title=\"What do Jindal Steel &amp; Power ROE and ROCE show?\">What do Jindal Steel &amp; Power ROE and ROCE show?<\/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-ltd-share-price-price-rise-2026-09-23\/#How_does_Jindal_Steel_Power_compare_with_peers\" title=\"How does Jindal Steel &amp; Power compare with peers?\">How does Jindal Steel &amp; Power compare with peers?<\/a><\/li><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-ltd-share-price-price-rise-2026-09-23\/#What_is_Jindal_Steel_Power_EPS_and_book_value\" title=\"What is Jindal Steel &amp; Power EPS and book value?\">What is Jindal Steel &amp; Power EPS and book value?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Jindal_Steel_Power_Share_Price_Today_Price_Action_Analysis\"><\/span><strong>Jindal Steel &#038; Power 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 1,161.9<\/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 1,138.5<\/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 23.4 (+2.06%)<\/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 1,140<\/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 1,163<\/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 1,140<\/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 0.97 crore<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Market Capitalisation<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 1,15,708.59 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 Steel &amp; Power Ltd. (JINDALSTEL) rose to Rs 1,161.9 from the previous close of Rs 1,138.5, a move of Rs 23.4 or 2.06%. The stock opened at Rs 1,140, reached a high of Rs 1,163, recorded a low of Rs 1,140.<\/p>\n<p>Jindal Steel &#038; Power Share Price Today moved from Rs 1,138.50 to Rs 1,161.90, a gain of Rs 23.40 or 2.06%. The session opened at Rs 1,140.00, matched the day\u2019s low of Rs 1,140.00, and reached Rs 1,163.00 at the day\u2019s high. This confirms a firm intraday move within a narrow range. The turnover for the session was Rs 0.97 crore, which is a factual traded-value figure and not a signal by itself. In stock market today coverage, this makes Jindal Steel &#038; Power one of the stocks in news for a clear price rise rather than for any disclosed event. On Univest, the live move is best read as a verified share price update, with the current level and day change being the main facts to monitor.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Jindal_Steel_Power_Ltd_JINDALSTEL_Fundamental_Analysis\"><\/span><strong>Jindal Steel &amp; Power Ltd. (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<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 1,15,708.59 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;\">42.73x<\/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;\">2.25x<\/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;\">0.18%<\/td>\n<\/tr>\n<\/table>\n<p>Jindal Steel &amp; Power Ltd. (JINDALSTEL) fundamental metrics show P\/E 42.73x, P\/B 2.25x, ROE 6.88%, ROCE 8.92%. These figures provide context only and are not a buy or sell signal.<\/p>\n<p>Jindal Steel &#038; Power Ltd. has a market capitalisation of Rs 115708.59 crore and falls in the Large Cap category, which gives readers a sense of company size before judging valuation. On valuation, P\/E at 42.73x, P\/B at 2.25x 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. Additional supplied metrics include EPS of Rs 26.65, book value per share of Rs 505.62, dividend yield of 0.18%, 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 32.66x, median ROE of 6.88%, median ROCE of 9.63%. 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\/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;\">42.73x<\/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;\">32.66x<\/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;\">34.11x<\/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;\">9.85x to 94.08x<\/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;\">2.25x<\/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;\">2.25x<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Company ROE<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">6.88%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Benchmark Median ROE<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">6.88%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Company ROCE<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">8.92%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Benchmark Median ROCE<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">9.63%<\/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 1,15,708.59 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 424.82 crore<\/td>\n<\/tr>\n<\/table>\n<p>Jindal Steel &amp; Power Ltd. (JINDALSTEL) is classified under sector: Iron &amp; Steel and industry: Steel\/Sponge Iron\/Pig Iron.<\/p>\n<p>Jindal Steel &amp; Power Ltd. (JINDALSTEL) has a P\/E ratio of 42.73x, which is above the benchmark median of 32.66x, a difference of +30.83%. P\/E is a valuation multiple and is not, by itself, a buy or sell signal.<\/p>\n<p>Jindal Steel &amp; Power Ltd. (JINDALSTEL) has a ROE of 6.88%, which is equal to the benchmark median of 6.88%, a difference of 0%. Jindal Steel &amp; Power Ltd. (JINDALSTEL) has a ROCE of 8.92%, which is below the benchmark median of 9.63%, a difference of -7.37%.<\/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\/lloydsme\/lloyds-metals-and-energy-ltd-share-price-today\" style=\"color:#0645AD;text-decoration:underline;\"><strong>Lloyds Metals &amp; Energy Ltd.<\/strong><\/a><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">LLOYDSME<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">1,02,826.21<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">21.94<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">6.83<\/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 Ltd.<\/strong><\/a><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">JAIBALAJI<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">5,796.45<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">40.64<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">2.51<\/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\/rsl\/rajputana-stainless-ltd-share-price-today\" style=\"color:#0645AD;text-decoration:underline;\"><strong>RAJPUTANA STAINLESS LTD<\/strong><\/a><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">RSL<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">1,567.73<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">31.47<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">4.09<\/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\/steelxind\/steel-exchange-india-ltd-share-price-today\" style=\"color:#0645AD;text-decoration:underline;\"><strong>Steel Exchange India Ltd.<\/strong><\/a><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">STEELXIND<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">1,434.96<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">44.86<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">2.39<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">5.38<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">11.97<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\"><a href=\"https:\/\/univest.in\/stocks\/salsteel\/sal-steel-ltd-share-price-today\" style=\"color:#0645AD;text-decoration:underline;\"><strong>SAL Steel Ltd.<\/strong><\/a><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">SALSTEEL<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">1,169.43<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">94.08<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">7.81<\/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 Ltd. (JINDALSTEL) has a P\/E ratio of 42.73x compared with the displayed peer median of 40.64x. This is a relative valuation comparison, not a buy or sell signal. 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 Ltd. (JINDALSTEL) has a market capitalisation of Rs 1,15,708.59 crore. Among the 5 peers shown, 0 have a larger market capitalisation.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Why_Investors_Are_Watching_Jindal_Steel_Power\"><\/span><strong>Why Investors Are Watching Jindal Steel &#038; Power<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ul>\n<li>Jindal Steel &#038; Power Share Price rose 2.06% today to Rs 1,161.90.<\/li>\n<li>The stock added Rs 23.40 versus the previous close of Rs 1,138.50.<\/li>\n<li>Market capitalisation is Rs 1,15,708.59 crore, the highest in the supplied industry benchmark.<\/li>\n<li>P\/E is 42.73, above the same-industry median of 32.66 and average of 34.11.<\/li>\n<li>ROE is 6.88% and ROCE is 8.92%, both below the benchmark averages.<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"About_Jindal_Steel_Power\"><\/span><strong>About Jindal Steel &#038; Power<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Jindal Steel &#038; Power Ltd. operates in the Iron &#038; Steel sector and the Steel\/Sponge Iron\/Pig Iron industry. The company is part of the broader Indian manufacturing and infrastructure ecosystem, where steel demand, pricing and operating performance are closely watched by market participants. For Jindal Steel &#038; Power Share Price, the business profile matters because the company\u2019s earnings and market valuation are often viewed through the lens of metal cycles, capital intensity and return ratios. The supplied data identifies the company by its NSE symbol JINDALSTEL and places it in a large market-cap category through the exact market capitalisation provided. Jindal Steel &#038; Power Company News and Jindal Steel &#038; Power Earnings are often followed because the company\u2019s financial profile includes a P\/E of 42.73, EPS of Rs 26.65, book value of Rs 505.62 and dividend yield of 0.18%. Univest continues to present Jindal Steel &#038; Power Stock Analysis in a format that connects today\u2019s share price with valuation and sector context.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Track_Jindal_Steel_Power_Share_Price_on_Univest\"><\/span><strong>Track Jindal Steel &#038; 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 Ltd. (JINDALSTEL) 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>On Univest, users can track Jindal Steel &#038; Power Share Price Live, Jindal Steel &#038; Power Share Price Today, key financial ratios, shareholding pattern, 52-week levels and market insights in one place. Univest also helps readers compare Jindal Steel &#038; Power Stock News with valuation, sector benchmarks and peer data. For investors following Jindal Steel &#038; Power Share Price Update, Univest keeps the analysis structured around verified numbers and market context.<\/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_Steel_Power_share_price_rise_today\"><\/span><strong>Why did Jindal Steel &amp; Power share price rise today?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The supplied data confirms a 2.06% rise to Rs 1,161.90, but it does not establish a company-specific catalyst. The move is verified as a same-day price event with turnover of Rs 0.97 crore.<\/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> Jindal Steel &amp; Power Share Price today is Rs 1,161.90. It gained Rs 23.40 from the previous close of Rs 1,138.50 and traded between Rs 1,140.00 and Rs 1,163.00 during the session.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_Jindal_Steel_Power_market_cap\"><\/span><strong>What is Jindal Steel &amp; Power market cap?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Jindal Steel &amp; Power has a market capitalisation of Rs 1,15,708.59 crore. That places it well above the same-industry median and average in the supplied benchmark and is the highest among the listed peers shown here.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_expensive_is_Jindal_Steel_Power_on_valuation_metrics\"><\/span><strong>How expensive is Jindal Steel &amp; Power on valuation metrics?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Jindal Steel &amp; Power trades at a P\/E of 42.73 and P\/B of 2.25. The P\/E is above the industry median and average, while the P\/B matches the industry median exactly.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_do_Jindal_Steel_Power_ROE_and_ROCE_show\"><\/span><strong>What do Jindal Steel &amp; Power ROE and ROCE show?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> ROE is 6.88% and ROCE is 8.92%. Both are below the industry averages supplied, which gives useful context to Jindal Steel &amp; Power Share Price and the company\u2019s current valuation.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_does_Jindal_Steel_Power_compare_with_peers\"><\/span><strong>How does Jindal Steel &amp; Power compare with peers?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Compared with peers, Jindal Steel &amp; Power has the largest market cap in the supplied set and a higher P\/E than most listed comparables. Some peers show stronger ROE and ROCE, especially Lloyds Metals &amp; Energy.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_Jindal_Steel_Power_EPS_and_book_value\"><\/span><strong>What is Jindal Steel &amp; Power EPS and book value?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Jindal Steel &amp; Power reports EPS of Rs 26.65 and book value of Rs 505.62. EPS reflects earnings attributable to each share, while book value shows accounting net worth per share.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Jindal Steel &#038; Power Ltd. Share Price rises to Rs 1,161.9. marking a 2.06% rise today. Market cap stands at Rs 1,15,708.59 crore.<\/p>\n","protected":false},"author":29,"featured_media":263756,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[842],"tags":[],"class_list":["post-263757","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["263756"],"rank_math_title":["Jindal Steel &amp; Power Share Price Today After 2.06% Gain"],"rank_math_description":["Jindal Steel &amp; Power Share Price rose 2.06% to Rs 1,161.90. Read the price action, fundamentals, 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\/09\/jindal-steel-and-power-ltd-jindalstel-jindal-steel-and-power-share-price-rises-2.webp","_links":{"self":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/263757","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=263757"}],"version-history":[{"count":1,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/263757\/revisions"}],"predecessor-version":[{"id":263758,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/263757\/revisions\/263758"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media\/263756"}],"wp:attachment":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media?parent=263757"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/categories?post=263757"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/tags?post=263757"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}