ad

Jindal Steel & Power (JINDALSTEL) Share Price rises 2.06% today as stock trades at Rs 1,036.65

12 Oct 2026 • 10:15 am

Jindal Steel & Power (JINDALSTEL) Share Price rises 2.06% today as stock trades at Rs 1,036.65
Jindal Steel & Power Ltd. (JINDALSTEL) share price rose to Rs 1,036.65 today, up 2.06% from the previous close. Market cap was Rs 1,03,610.35 crore.

Jindal Steel & Power Share Price moved higher today, with Jindal Steel & Power trading at Rs 1,036.65 after a 2.06% share price gain. The stock’s market capitalisation stands at Rs 103,610.35 crore, keeping Jindal Steel & Power Share Price among the larger names in its segment. At the time of writing, Jindal Steel & Power Share Price was above the previous close of Rs 1,015.70 and near the day’s high of Rs 1,037.30. According to Univest data, the price event is confirmed, but no company-specific catalyst is established. For readers tracking Jindal Steel & Power Share Price Today, the move is relevant because it combines a clear intraday rise with a large market-cap base and a valuation profile that can be read against peers and the broader Iron & Steel space.

Jindal Steel & Power Share Price Today: Price Action Analysis

Metric Value
Current Price Rs 1,036.65
Previous Close Rs 1,015.7
Today's Move Rs 20.95 (+2.06%)
Open Rs 1,025
High Rs 1,037.3
Low Rs 1,024.8
Market Capitalisation Rs 1,03,610.35 crore
Market Cap Category Large Cap

Jindal Steel & Power Ltd. (JINDALSTEL) rose to Rs 1,036.65 from the previous close of Rs 1,015.7, a move of Rs 20.95 or 2.06%. The stock opened at Rs 1,025, reached a high of Rs 1,037.3, recorded a low of Rs 1,024.8.

Jindal Steel & Power Share Price is trading higher by Rs 20.95 from the previous close, and the move has kept the stock close to the upper end of its day’s range. Jindal Steel & Power opened at Rs 1,025, touched a high of Rs 1,037.30 and a low of Rs 1,024.80, while last traded price remained at Rs 1,036.65 as of 12 October 2026 at 9:53:01 AM IST. The narrow range around the open shows a steady price rise rather than a sharp swing. For Jindal Steel & Power Share Price today, the core takeaway is simple: the stock is in positive territory, and the market is reassessing it in live trade. That sets up the next question around fundamentals and valuation, where Jindal Steel & Power Share Price can be read against company ratios and sector benchmarks.

Jindal Steel & Power Ltd. (JINDALSTEL) Fundamental Analysis

Metric Value
Market Capitalisation Rs 1,03,610.35 crore
P/E Ratio 38.12x
P/B Ratio 2.01x
ROE 6.88%
ROCE 8.92%
EPS Rs 26.65
Book Value Per Share Rs 505.62
Dividend Yield 0.2%

Jindal Steel & Power Ltd. (JINDALSTEL) fundamental metrics show P/E 38.12x, P/B 2.01x, 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 1,03,610.35 crore and falls in the Large Cap category, which gives readers a sense of company size before judging valuation. On valuation, P/E at 38.12x, P/B at 2.01x 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 0.2%, 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 30.45x, 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 38.12x
Benchmark Median P/E 30.45x
Benchmark Average P/E 33.53x
Benchmark P/E Range 9.25x to 99.9x
Company P/B Ratio 2.01x
Benchmark Median P/B 2.01x
Company ROE 6.88%
Benchmark Median ROE 5.93%
Company ROCE 8.92%
Benchmark Median ROCE 8.95%
Company Market Capitalisation Rs 1,03,610.35 crore
Benchmark Median Market Cap Rs 393.48 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 38.12x, which is above the benchmark median of 30.45x, a difference of +25.19%. 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 1,02,618.48 21.53 6.71 40.27 27.59
Jai Balaji Industries Ltd. JAIBALAJI 6,271.73 43.36 2.68 5.93 9.63
RAJPUTANA STAINLESS LTD RSL 1,436.11 28.83 3.74 19.34 25.57
Steel Exchange India Ltd. STEELXIND 1,323.99 41.65 2.21 5.38 11.97
SAL Steel Ltd. SALSTEEL 1,241.81 99.9 8.29 -0.38 5.59

Jindal Steel & Power Ltd. (JINDALSTEL) has a P/E ratio of 38.12x compared with the displayed peer median of 41.65x. 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 1,03,610.35 crore. It is larger by market capitalisation than all 5 peers shown.

Why Investors Are Watching Jindal Steel & Power

  • Jindal Steel & Power Share Price is rising today and is trading above the previous close in live market action.
  • Jindal Steel & Power Share Price has a market cap of Rs 103,610.
  • Jindal Steel & Power Share Price trades at a P/E of 38.12, giving investors a clear valuation point to compare with the sector benchmark.
  • Jindal Steel & Power Share Price shows ROE of 6.88% and ROCE of 8.92%, so return metrics remain part of the discussion.
  • Jindal Steel & Power Share Price sits in the Iron & Steel sector, where peer valuations and operating ratios vary widely.

About Jindal Steel & Power

Jindal Steel & Power is part of the Iron & Steel sector and operates in the Steel/Sponge Iron/Pig Iron industry. Jindal Steel & Power Share Price reflects a business linked to steel and related metal products, which places it in a cyclical industrial space where valuation and returns often move with operating conditions. The company’s market capitalisation shows it is one of the largest names in the latest Univest industry set, and that scale matters when Jindal Steel & Power Share Price is compared with smaller listed peers. From a business profile angle, the name is associated with steel-making and power-linked industrial operations, but the live market focus today remains on the share price rise, the valuation ratios and the sector comparison rather than on any unverified catalyst. For Jindal Steel & Power Share Price watchers, the key is to track how the stock is priced relative to earnings, book value and capital returns.

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. According to Univest data, Jindal Steel & Power Share Price is rising by 2.06% and trading at Rs 1,036.65. No company-specific catalyst is established, so the move is being read through live price action and valuation.

What is Jindal Steel & Power Share Price today?

Ans. Jindal Steel & Power Share Price is Rs 1,036.65 in live trade as of 12 October 2026 at 9:53:01 AM IST. It is above the previous close of Rs 1,015.70 and near the day’s high.

How much did Jindal Steel & Power Share Price gain today?

Ans. Jindal Steel & Power Share Price has gained Rs 20.95, which translates into a 2.06% rise. The move came from a previous close of Rs 1,015.70 and kept the stock near its intraday high.

What is the market capitalisation of Jindal Steel & Power?

Ans. Jindal Steel & Power Share Price is backed by a market capitalisation of Rs 103,610.35 crore. That places it well above the industry median of Rs 393.48 crore in the same industry benchmark.

Is Jindal Steel & Power Share Price expensive versus peers?

Ans. Jindal Steel & Power Share Price has a P/E of 38.12, above the industry median of 30.45 and average of 33.53. Against peers, it is below Jai Balaji Industries and SAL Steel but above Lloyds Metals.

What do ROE and ROCE show for Jindal Steel & Power?

Ans. Jindal Steel & Power Share Price is supported by ROE of 6.88% and ROCE of 8.92%. ROE sits above the industry median, while ROCE is slightly below the benchmark median and average.

What are the EPS and book value for Jindal Steel & Power?

Ans. Jindal Steel & Power Share Price is associated with 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.

What is the dividend yield on Jindal Steel & Power Share Price?

Ans. Jindal Steel & Power Share Price has a dividend yield of 0.2%. That is a modest yield, so the stock’s current appeal is better read through price action, valuation and return ratios than income support.

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.

Track Jindal Steel & Power Share Price on Univest for live price updates, fundamental ratios, 52-week levels and market insights in one place. Univest also helps readers follow Jindal Steel & Power Share Price today alongside valuation, sector context and peer comparisons, making it easier to review stock performance without relying on scattered sources.

Recent Articles

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

Reviews

user-review-1
user-review-2
user-review-3
user-review-4
user-review-5

RESEARCH ANALYST

Get SEBI Registered
advice on the stocks
trending today.

Get 3 FREE Trade Ideas

+91
for Startups Accelerator 2024

for Startups Accelerator 2024

Trusted by 1Cr Indians

Trusted by 1Cr Indians

Awarded No.1 by Economic Times

Awarded No.1 by Economic Times

GET THE APP

Join 1Cr users today.

SEBI Registered Analyst-backed Picks. Free Demat. One App

  • Free Demat account in under 5 minutes
  • Live market data — Nifty, Sensex, sector insights
  • SEBI Registered analyst-backed stock picks
Get it on Google PlayDownload on the App Store
Stocks:
All|a|b|c|d|e|f|g|h|i|j|k|l|m|n|o|p|q|r|s|t|u|v|w|x|y|z

Copyright 2026 Univest. All rights reserved.
Designed with ❤️ in India

arrow down