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Jindal Steel & Power (JINDALSTEL) Share Price rises 2.08% to Rs 1,051.45

16 Oct 2026 • 11:13 am

Jindal Steel & Power (JINDALSTEL) Share Price rises 2.08% to Rs 1,051.45
Jindal Steel & Power Ltd. (JINDALSTEL) share price rose to Rs 1,051.45 today, up 2.08% from the previous close. Market cap was Rs 1,05,058.87 crore.

Jindal Steel & Power Share Price rose 2.08% to Rs 1,051.45, with market capitalisation at Rs 1,05,058.87 crore. The move is visible in today’s price action; no company-specific catalyst is established.

Jindal Steel & Power Share Price Today: Price Action Analysis

Metric Value
Current Price Rs 1,051.45
Previous Close Rs 1,030
Today's Move Rs 21.45 (+2.08%)
Open Rs 1,037.8
High Rs 1,053.25
Low Rs 1,029.75
Market Capitalisation Rs 1,05,058.87 crore
Market Cap Category Large Cap

Jindal Steel & Power Ltd. (JINDALSTEL) rose to Rs 1,051.45 from the previous close of Rs 1,030, a move of Rs 21.45 or 2.08%. The stock opened at Rs 1,037.8, reached a high of Rs 1,053.25, recorded a low of Rs 1,029.75.

Jindal Steel & Power Share Price moved higher by Rs 21.45 versus the previous close, with the stock last traded at Rs 1,051.45. The share price rise began from an open of Rs 1,037.80, touched a high of Rs 1,053.25 and a low of Rs 1,029.75. That gives a clear price action picture for Jindal Steel & Power Share Price Today: the stock remained above the previous close and was trading close to the day’s high at the time of the latest Univest figures. For investors following Jindal Steel & Power Share Price Live, those levels matter because they show the exact intraday range rather than any unsupported narrative about demand or sentiment. The move is sufficient to put Jindal Steel & Power Share Price on the radar of Stocks in News and Market Movers lists. From here, the next relevant check is whether the price action is backed by fundamentals, sector positioning and peer valuation.

Jindal Steel & Power Ltd. (JINDALSTEL) Fundamental Analysis

Metric Value
Market Capitalisation Rs 1,05,058.87 crore
P/E Ratio 38.65x
P/B Ratio 2.04x
ROE 6.88%
ROCE 8.92%
EPS Rs 26.65
Book Value Per Share Rs 505.62
Dividend Yield 0.19%

Jindal Steel & Power Ltd. (JINDALSTEL) fundamental metrics show P/E 38.65x, P/B 2.04x, ROE 6.88%, ROCE 8.92%. These figures provide context only and are not a buy or sell signal.

Jindal Steel & Power Ltd. has a market capitalisation of Rs 1,05,058.87 crore and falls in the Large Cap category, which gives readers a sense of company size before judging valuation. On valuation, P/E at 38.65x, P/B at 2.04x should be read against the sector and peer benchmarks rather than as a standalone signal. Profitability is represented by ROE of 6.88% and ROCE of 8.92%, helping investors compare shareholder returns and capital efficiency. According to latest Univest data, additional metrics include EPS of Rs 26.65, book value per share of Rs 505.62, dividend yield of 0.19%, adding context to earnings, balance-sheet value and historical payout. Against the latest Univest same industry benchmark, these figures can be compared with benchmark median P/E of 31.14x, median ROE of 5.93%, median ROCE of 8.95%. Taken together, they outline the fundamentals rather than a view on the stock.

Sector and Industry Context

Metric Value
Sector Iron & Steel
Industry Steel/Sponge Iron/Pig Iron
Benchmark Scope same industry
Company P/E Ratio 38.65x
Benchmark Median P/E 31.14x
Benchmark Average P/E 33.73x
Benchmark P/E Range 9.14x to 96.84x
Company P/B Ratio 2.04x
Benchmark Median P/B 2.04x
Company ROE 6.88%
Benchmark Median ROE 5.93%
Company ROCE 8.92%
Benchmark Median ROCE 8.95%
Company Market Capitalisation Rs 1,05,058.87 crore
Benchmark Median Market Cap Rs 400.08 crore

Jindal Steel & Power Ltd. (JINDALSTEL) operates in the Iron & Steel sector, within the Steel/Sponge Iron/Pig Iron industry.

Jindal Steel & Power Ltd. (JINDALSTEL) has a P/E ratio of 38.65x, which is above the benchmark median of 31.14x, a difference of +24.12%. On its own, the P/E gap is a valuation reference point, not a trading call.

Jindal Steel & Power Ltd. (JINDALSTEL) has a ROE of 6.88%, which is above the benchmark median of 5.93%, a difference of +16.02%. Jindal Steel & Power Ltd. (JINDALSTEL) has a ROCE of 8.92%, which is below the benchmark median of 8.95%, a difference of -0.34%.

Track stocks leading today through the Univest top gainers screener. The peer table below provides the company-level comparison.

Peer Comparison

Company Symbol Market Cap (Cr) P/E P/B ROE (%) ROCE (%)
Lloyds Metals & Energy Ltd. LLOYDSME 1,03,755.84 21.44 6.68 40.27 27.59
Jai Balaji Industries Ltd. JAIBALAJI 6,330.11 47.27 2.92 5.93 9.63
RAJPUTANA STAINLESS LTD RSL 1,428.17 28.67 3.72 19.34 25.57
Steel Exchange India Ltd. STEELXIND 1,308.68 41.13 2.19 5.38 11.97
SAL Steel Ltd. SALSTEEL 1,203.74 96.84 8.04 -0.38 5.59

Jindal Steel & Power Ltd. (JINDALSTEL) has a P/E ratio of 38.65x compared with the displayed peer median of 41.13x. This peer read is a relative benchmark rather than a trading 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 & Power Ltd. (JINDALSTEL) has a market capitalisation of Rs 1,05,058.87 crore. It is larger by market capitalisation than all 5 peers shown.

Why Investors Are Watching Jindal Steel & Power

  • Jindal Steel & Power Share Price rose 2.08% and traded at Rs 1,051.45, making the stock relevant in today’s price action.
  • Market capitalisation at Rs 1,05,058.87 crore keeps Jindal Steel & Power Share Price in a large-company bracket by size only, not by quality.
  • P/E of 38.65 sits above the industry median and average, so Jindal Steel & Power Stock Analysis remains valuation sensitive.
  • ROE of 6.88% and ROCE of 8.92% place the stock near the industry middle, with no standout return gap.
  • Peer comparison shows Jindal Steel & Power Share Price alongside companies with very different P/B and profitability profiles.

About Jindal Steel & Power

Jindal Steel & Power Ltd. operates in the Iron & Steel sector and the Steel/Sponge Iron/Pig Iron industry. The company is part of a business set that is measured by steel-cycle fundamentals, capital intensity and earnings visibility. In market terms, Jindal Steel & Power Share Price reflects a company with a large market capitalisation and a valuation profile that investors often examine alongside P/E, P/B, ROE and ROCE. The latest Univest figures show EPS of Rs 26.65, book value of Rs 505.62 and dividend yield of 0.19%, which together give a concise company overview for Jindal Steel & Power Stock News readers. As a steel company, the business context matters because valuation and return ratios can vary sharply across peers, even within the same industry. That is why Jindal Steel & Power Share Price is best read with sector context rather than in isolation.

Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Uniresearch Global Pvt. Ltd. (Research Analyst, SEBI Reg. No. INH000013776, a subsidiary of Univest Communication Technologies Private Limited).

Frequently Asked Questions

Why is Jindal Steel & Power Share Price rising today?

Ans. Jindal Steel & Power Share Price rose 2.08% to Rs 1,051.45. According to Univest data, the price event is confirmed, but no company-specific catalyst is established. The move is visible in today’s price action only.

What is Jindal Steel & Power Share Price today?

Ans. Jindal Steel & Power Share Price last traded at Rs 1,051.45, up Rs 21.45 from the previous close of Rs 1,030. The stock also touched a high of Rs 1,053.25 during the move.

What is Jindal Steel & Power’s market capitalisation?

Ans. Jindal Steel & Power’s market capitalisation stands at Rs 1,05,058.87 crore. That is the biggest market-cap figure in the peer set provided and helps frame Jindal Steel & Power Share Price in size terms.

What does Jindal Steel & Power Fundamental Analysis show?

Ans. Jindal Steel & Power Fundamental Analysis shows a P/E of 38.65, P/B of 2.04, ROE of 6.88%, ROCE of 8.92%, EPS of Rs 26.65, book value of Rs 505.62 and dividend yield of 0.19%.

How does Jindal Steel & Power compare with the sector benchmark?

Ans. Jindal Steel & Power Share Price sits against an industry median P/E of 31.14 and average of 33.73. Its P/B matches the benchmark median of 2.04, while ROE and ROCE are near the middle of the range.

How does Jindal Steel & Power compare with peers on valuation?

Ans. Jindal Steel & Power Share Price carries a higher P/E than Lloyds Metals & Energy and Rajputana Stainless, but lower than Jai Balaji and Steel Exchange India. Its P/B is close to the sector midpoint.

What is the day range for Jindal Steel & Power Share Price?

Ans. Jindal Steel & Power Share Price moved between Rs 1,029.75 and Rs 1,053.25 today. The stock opened at Rs 1,037.80, which places the current trade near the top of the day’s range.

What are Jindal Steel & Power EPS and book value?

Ans. Jindal Steel & Power Share Price is supported by EPS of Rs 26.65 and book value of Rs 505.62. EPS measures earnings per share, while book value shows the accounting net worth behind each share.

Track Jindal Steel & Power Share Price on Univest

Use Jindal Steel & Power Ltd. (JINDALSTEL) live share-price page, Univest top gainers screener, Univest market blogs to review live stock data, top-gainers lists and related market analysis.

Readers can track Jindal Steel & Power Share Price on Univest for live price updates, valuation ratios, 52-week levels and market insights. Univest also brings together Jindal Steel & Power Fundamental Analysis, peer comparison and sector context in one place. For Jindal Steel & Power Share Price Today, that makes it easier to review price action alongside the latest Univest data without relying on scattered market notes.

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Note: This blog is for information purpose only. Investments and trading are subject to market risks, read all scheme related documents carefully.

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