{"id":275117,"date":"2026-09-28T13:57:16","date_gmt":"2026-09-28T08:27:16","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=275117"},"modified":"2026-09-28T13:57:16","modified_gmt":"2026-09-28T08:27:16","slug":"why-jindal-steel-and-power-share-price-price-fall-2026-09-28","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/why-jindal-steel-and-power-share-price-price-fall-2026-09-28\/","title":{"rendered":"Jindal Steel &#038; Power (JINDALSTEL) Share Price Falls 2.11% 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 (JINDALSTEL) share price fell to Rs 1,140.4 today, down 2.11% from the previous close. Market cap was Rs 1,18,840.26 crore.<\/em><\/div>\n<p class=\"univest-article-timestamp\" style=\"font-size:14px;color:#5F6673;margin:8px 0 18px 0;;margin-top:0!important;margin-bottom:0!important;\"><strong>Published:<\/strong>&nbsp;&nbsp;&nbsp;28 September 2026 at 1:52:46 PM IST<\/p>\n<p style=\"margin-top:0!important;\">Jindal Steel &#038; Power Share Price fell today, with Jindal Steel &#038; Power last quoted at Rs 1,140.40 after a decline of 2.11% from the previous close. The company\u2019s market capitalisation stands at Rs 1,18,840.26 crore, placing it in the Large Cap category. Today\u2019s move is relevant because the stock moved lower even though the supplied data does not establish a company-specific catalyst. For readers tracking Jindal Steel &#038; Power Share Price Today, the move adds a fresh price action reference point for Jindal Steel &#038; Power Stock News and Jindal Steel &#038; Power Share Price Update. Univest is covering the stock with a focus on verified facts only: the price move, valuation context, sector positioning and peer comparison. The supplied numbers help frame Jindal Steel &#038; Power Share Price News without turning the decline into a speculative story.<\/p>\n<p>What matters most in this Jindal Steel &#038; Power Share Price event is the combination of the day\u2019s fall, the Large Cap market capitalisation and the valuation ratios that are already visible in the data. Univest treats this as a stock analysis note, not a forecast. The supplied data confirms the price event, but it does not establish why the share price declined today.<\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/why-jindal-steel-and-power-share-price-price-fall-2026-09-28\/#Jindal_Steel_Power_JINDALSTEL_Share_Price_Today_Price_Action_Analysis\" title=\"Jindal Steel &amp; Power (JINDALSTEL) Share Price Today: Price Action Analysis\">Jindal Steel &amp; Power (JINDALSTEL) Share Price Today: Price Action Analysis<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/why-jindal-steel-and-power-share-price-price-fall-2026-09-28\/#Jindal_Steel_Power_JINDALSTEL_Fundamental_Analysis\" title=\"Jindal Steel &amp; Power (JINDALSTEL) Fundamental Analysis\">Jindal Steel &amp; Power (JINDALSTEL) Fundamental Analysis<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/why-jindal-steel-and-power-share-price-price-fall-2026-09-28\/#Sector_and_Industry_Context\" title=\"Sector and Industry Context\">Sector and Industry Context<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/why-jindal-steel-and-power-share-price-price-fall-2026-09-28\/#Peer_Comparison\" title=\"Peer Comparison\">Peer Comparison<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/why-jindal-steel-and-power-share-price-price-fall-2026-09-28\/#Why_Investors_Are_Watching_Jindal_Steel_Power\" title=\"Why Investors Are Watching Jindal Steel &amp; Power\">Why Investors Are Watching Jindal Steel &amp; Power<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/why-jindal-steel-and-power-share-price-price-fall-2026-09-28\/#About_Jindal_Steel_Power\" title=\"About Jindal Steel &amp; Power\">About Jindal Steel &amp; Power<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/why-jindal-steel-and-power-share-price-price-fall-2026-09-28\/#Track_Jindal_Steel_Power_Share_Price_on_Univest\" title=\"Track Jindal Steel &amp; Power Share Price on Univest\">Track Jindal Steel &amp; Power Share Price on Univest<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/why-jindal-steel-and-power-share-price-price-fall-2026-09-28\/#Frequently_Asked_Questions\" title=\"Frequently Asked Questions\">Frequently Asked Questions<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/why-jindal-steel-and-power-share-price-price-fall-2026-09-28\/#Why_did_Jindal_Steel_Power_Share_Price_fall_today\" title=\"Why did Jindal Steel &amp; Power Share Price fall today?\">Why did Jindal Steel &amp; Power Share Price fall today?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/why-jindal-steel-and-power-share-price-price-fall-2026-09-28\/#What_was_Jindal_Steel_Power_Share_Price_Today\" title=\"What was Jindal Steel &amp; Power Share Price Today?\">What was Jindal Steel &amp; Power Share Price Today?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/why-jindal-steel-and-power-share-price-price-fall-2026-09-28\/#How_much_did_Jindal_Steel_Power_stock_decline_today\" title=\"How much did Jindal Steel &amp; Power stock decline today?\">How much did Jindal Steel &amp; Power stock decline today?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/why-jindal-steel-and-power-share-price-price-fall-2026-09-28\/#What_is_Jindal_Steel_Power_market_capitalisation\" title=\"What is Jindal Steel &amp; Power market capitalisation?\">What is Jindal Steel &amp; Power 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-price-fall-2026-09-28\/#How_is_Jindal_Steel_Power_valued_versus_peers\" title=\"How is Jindal Steel &amp; Power valued versus peers?\">How is Jindal Steel &amp; Power valued versus peers?<\/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-price-fall-2026-09-28\/#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><\/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 1,140.4<\/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 1,165<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Today&#39;s Move<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">-Rs 24.60 (-2.11%)<\/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 1,160<\/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 1,160<\/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 4.61 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 1,18,840.26 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 &#038; Power Share Price Today opened at Rs 1,160, matched the day high at Rs 1,160, and slipped to a day low of Rs 1,140. The stock closed at Rs 1,140.40, below the previous close of Rs 1,165, which reflects a day change of Rs -24.60 and a dayChangePercent of -2.11%. For readers following Jindal Steel &#038; Power Share Price News Today, the day\u2019s range shows that the stock traded between Rs 1,160 and Rs 1,140 before settling close to the lower end of that range.<\/p>\n<p>Turnover stood at Rs 4.61 crore. That is the only turnover figure supplied, so Univest states it as a factual traded-value metric and does not use it as an explanation for the move. The company is in the Large Cap category, and its market cap of Rs 1,18,840.26 crore is materially above the median market capitalisation in the supplied industry benchmark. In plain terms, the Jindal Steel &#038; Power Share Price action today was a clean downward session in a large listed company, with the data confirming the fall but not identifying a catalyst. For investors tracking Jindal Steel &#038; Power Share Price Live or Jindal Steel &#038; Power Share News, the key fact is that today\u2019s quote weakened from the previous close and remained near the lower end of the day\u2019s trading band.<\/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 1,18,840.26 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;\">43.72x<\/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;\">2.3x<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>ROE<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">6.88%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>ROCE<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">8.92%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>EPS<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 26.65<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Book Value Per Share<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 505.62<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Dividend Yield<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">0.17%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>Jindal Steel &#038; Power Share Price today needs to be read against its valuation and operating metrics. The stock trades at a P\/E ratio of 43.72 and a P\/B ratio of 2.3, with EPS of Rs 26.65 and book value of Rs 505.62 per share. Dividend yield is 0.17%, which is a historical payout metric rather than a future promise. These figures give context to Jindal Steel &#038; Power Stock Analysis because they show how the market is pricing earnings and net worth per share.<\/p>\n<p>Profitability metrics are moderate in the supplied set, with ROE at 6.88% and ROCE at 8.92%. The market capitalisation is Rs 1,18,840.26 crore, which is far above the sector median market cap of Rs 413.93 crore in the supplied peer set. Univest highlights this because Jindal Steel &#038; Power Share Price News is not just about a one-day move; it is also about how the stock\u2019s valuation compares with its accounting and earnings base. On the supplied numbers, the stock appears to trade at a premium to the sector median P\/E, while its P\/B sits exactly at the benchmark median. That combination makes the Jindal Steel &#038; Power Share Price interesting for readers who follow Jindal Steel &#038; Power Fundamental Analysis and Jindal Steel &#038; Power Financial Results.<\/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;\">43.72x<\/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;\">32.24x<\/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;\">35.65x<\/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;\">9.3x to 108.9x<\/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;\">2.3x<\/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;\">2.3x<\/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;\">2.56x<\/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>Benchmark Average ROE<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">8.53%<\/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>Benchmark Average ROCE<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">9.89%<\/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 1,18,840.26 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 413.93 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 17,984.97 crore<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>The supplied sector data places Jindal Steel &#038; Power in the Iron &#038; Steel sector and the Steel\/Sponge Iron\/Pig Iron industry, using a benchmark scope of the same industry across 13 companies. In that benchmark, the company\u2019s P\/E of 43.72 is above the peer-set median of 32.24 and above the average of 35.65. Its P\/B of 2.3 is equal to the median of 2.3 and below the average of 2.56. Its ROE of 6.88% is equal to the benchmark median, while ROCE of 8.92% is slightly below the median of 9.63% and the average of 9.89%.<\/p>\n<p>The market-cap comparison is also important for Jindal Steel &#038; Power Share Price Today. The company\u2019s Rs 1,18,840.26 crore market capitalisation is the highest figure in the supplied benchmark range and sits well above the benchmark average of Rs 17,984.97 crore and the median of Rs 413.93 crore. That comparison helps readers understand the scale of the business without turning market capitalisation into a quality judgment. For Jindal Steel &#038; Power Stock News, the relevant sector takeaway is simple: the share price fall happened in a large listed steel company that already trades at a higher P\/E than many peers in the same industry set. Univest uses this kind of sector analysis to keep Jindal Steel &#038; Power Share Price News grounded in verified context.<\/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;\">1,03,572.85<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">21.73<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">6.77<\/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;\">5,931.46<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">41.01<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">2.53<\/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<\/strong><\/a><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">RSL<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">1,532.21<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">30.76<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">4<\/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<\/strong><\/a><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">STEELXIND<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">1,441.34<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">45.35<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">2.41<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">5.38<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">11.97<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\"><a href=\"https:\/\/univest.in\/stocks\/salsteel\/sal-steel-ltd-share-price-today\" style=\"color:#0645AD;text-decoration:underline;\"><strong>SAL Steel<\/strong><\/a><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">SALSTEEL<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">1,353.57<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">108.9<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">9.04<\/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>Within the supplied peer set, Jindal Steel &#038; Power Share Price sits above several listed names on market capitalisation and valuation. Lloyds Metals &#038; Energy has a lower P\/E of 21.73 but a much higher ROE of 40.27% and ROCE of 27.59%. Jai Balaji Industries carries a P\/E of 41.01, close to Jindal Steel &#038; Power\u2019s 43.72, but its market cap is Rs 5,931.46 crore, far smaller than Jindal Steel &#038; Power\u2019s scale. RAJPUTANA STAINLESS shows a P\/E of 30.76, P\/B of 4, ROE of 19.34% and ROCE of 25.57%.<\/p>\n<p>Steel Exchange India has a P\/E of 45.35, slightly above Jindal Steel &#038; Power Share Price valuation, while SAL Steel shows the highest P\/B in the peer list at 9.04 but a negative ROE of -0.38%. From a pure number-comparison perspective, Jindal Steel &#038; Power\u2019s P\/E is elevated relative to the industry median, its P\/B is moderate, and its ROE and ROCE are lower than the stronger profit-return peers. Univest presents this peer comparison so readers can place Jindal Steel &#038; Power Share Price Today against the same industry group without adding assumptions.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Why_Investors_Are_Watching_Jindal_Steel_Power\"><\/span><strong>Why Investors Are Watching Jindal Steel &amp; Power<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ul>\n<li>Jindal Steel &#038; Power Share Price fell 2.11% today to Rs 1,140.40, below the previous close of Rs 1,165.<\/li>\n<li>The day\u2019s open was Rs 1,160, the high was Rs 1,160 and the low was Rs 1,140.<\/li>\n<li>Turnover was Rs 4.61 crore, which is the exact figure supplied for today\u2019s session.<\/li>\n<li>The stock\u2019s P\/E is 43.72, while P\/B is 2.3, EPS is Rs 26.65 and book value is Rs 505.62.<\/li>\n<li>The company\u2019s Rs 1,18,840.26 crore market capitalisation is the largest figure in the supplied sector benchmark set.<\/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 &#038; Steel sector and the Steel\/Sponge Iron\/Pig Iron industry. The supplied data identifies the company through its listed market profile and benchmark set, which places it alongside other Indian steel names in the same industry group. For readers searching Jindal Steel &#038; Power Company News, the core factual identity remains the listed company, its sector classification and its size in the Indian equity market.<\/p>\n<p>Jindal Steel &#038; Power Share Price Today is therefore part of a broader listed-company profile that includes valuation, earnings and industry positioning. Univest keeps this section deliberately factual and concise so that the article remains focused on verified stock news rather than unsupported business claims. That approach also helps searchers who want Jindal Steel &#038; Power Latest News, Jindal Steel &#038; Power Market Cap and Jindal Steel &#038; Power Stock Performance in one place.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Track_Jindal_Steel_Power_Share_Price_on_Univest\"><\/span><strong>Track Jindal Steel &amp; Power Share Price on Univest<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Use&nbsp;<a href=\"https:\/\/univest.in\/stocks\/jindalstel\/jindal-steel-and-power-ltd-share-price-today\">Jindal Steel &amp; Power (JINDALSTEL) live share-price page<\/a>,<a href=\"https:\/\/univest.in\/screeners\/top-decliners\">Univest top decliners screener<\/a>,<a href=\"https:\/\/univest.in\/blogs\">Univest market blogs<\/a> to review live stock data, top decliners and related market analysis.<\/p>\n<p>Readers can track Jindal Steel &#038; Power Share Price on Univest for live price updates, valuation ratios, shareholding pattern, 52-week levels, market insights and company-focused stock analysis. Univest also presents Jindal Steel &#038; Power Stock News, Jindal Steel &#038; Power Share Price Update and Jindal Steel &#038; Power Fundamental Analysis in a structured format for quick review.<\/p>\n<div style=\"background:#CC0000;border-radius:8px;padding:16px 20px;margin:24px 0;\">\n<p style=\"color:#FFFFFF;font-size:13px;line-height:1.7;margin:0;\"><strong style=\"color:#FFFFFF;\">Disclaimer:<\/strong>&nbsp;&nbsp;Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).<\/p>\n<\/div>\n<h2><span class=\"ez-toc-section\" id=\"Frequently_Asked_Questions\"><\/span><strong>Frequently Asked Questions<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"Why_did_Jindal_Steel_Power_Share_Price_fall_today\"><\/span><strong>Why did Jindal Steel &amp; Power Share Price fall today?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong>&nbsp;&nbsp;The supplied data confirms that Jindal Steel &amp; Power Share Price fell 2.11% today, but it does not establish a company-specific catalyst. The stock closed at Rs 1,140.40, below the previous close of Rs 1,165.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_was_Jindal_Steel_Power_Share_Price_Today\"><\/span><strong>What was Jindal Steel &amp; Power Share Price Today?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong>&nbsp;&nbsp;Jindal Steel &amp; Power Share Price Today was Rs 1,140.40. The stock opened at Rs 1,160, touched a high of Rs 1,160 and a low of Rs 1,140 before ending the session below the previous close.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_much_did_Jindal_Steel_Power_stock_decline_today\"><\/span><strong>How much did Jindal Steel &amp; Power stock decline today?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong>&nbsp;&nbsp;Jindal Steel &amp; Power Share Price declined by Rs -24.60, which equals -2.11% for the day. That move took the stock from the previous close of Rs 1,165 to Rs 1,140.40.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_Jindal_Steel_Power_market_capitalisation\"><\/span><strong>What is Jindal Steel &amp; Power market capitalisation?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong>&nbsp;&nbsp;Jindal Steel &amp; Power has a market capitalisation of Rs 1,18,840.26 crore. The supplied data categorises it as Large Cap, and its market value is far above the benchmark median in the same industry set.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_is_Jindal_Steel_Power_valued_versus_peers\"><\/span><strong>How is Jindal Steel &amp; Power valued versus peers?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong>&nbsp;&nbsp;Jindal Steel &amp; Power Share Price trades at a P\/E of 43.72 and P\/B of 2.3. Its P\/E is above the industry median of 32.24, while its P\/B is equal to the benchmark median of 2.3.<\/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>&nbsp;&nbsp;Jindal Steel &amp; Power reports ROE of 6.88% and ROCE of 8.92%. Those figures are near the industry median for ROE and slightly below the benchmark median for ROCE in the supplied peer set.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Jindal Steel &#038; Power Share Price falls to Rs 1,140.4. marking a 2.11% fall today. Market cap stands at Rs 1,18,840.26 crore.<\/p>\n","protected":false},"author":29,"featured_media":275116,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[842],"tags":[],"class_list":["post-275117","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["275116"],"rank_math_title":["Jindal Steel &amp; Power Share Price Update After Price Drop"],"rank_math_description":["Jindal Steel &amp; Power Share Price fell 2.11% to Rs 1,140.40 today. Read the price action, valuation, sector 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-jindalstel-share-price-falls-2-11-today.webp","_links":{"self":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/275117","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=275117"}],"version-history":[{"count":1,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/275117\/revisions"}],"predecessor-version":[{"id":275118,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/275117\/revisions\/275118"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media\/275116"}],"wp:attachment":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media?parent=275117"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/categories?post=275117"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/tags?post=275117"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}