Market closedLast updated 14 JUL 2026, 16:08 ISTData NSENot investment advice
JINDAL STEEL

JINDAL STEEL Share Price Today (JINDALSTEL)

NSE: JINDALSTELBSE 532286Metals & MiningIron & Steelwww.jindalsteel.in
TechnicalsTV Chart
1,028.80
22.50−2.14%
Overall Score40/100
Today's 1,010
₹1,028.80
1,044
52-Week 927
₹1,028.80
1,306
Open1,044.30
Prev Close1,051.30
Bid1,028.75763
Ask1,028.85477

TODAY IN ONE LINE

Closed at ₹1,028.8 (−2.14%); delivery 46.5%. Market opens 9:15 IST. · as of 16:08 IST

With a market cap of ₹1.05 L Cr., it trades at a P/E of 31.17. Track live valuations, technical indicators, and peers comparison below. Check delivery conviction and recent filings to build your view.

Volume1.9M+20%vs 20D avg
Market Cap₹1.05 L Cr.
Promoter Hold.62.69%
Face Value₹1
Fwd P/E11.97
PEG
EV/EBITDA23.1
P/S1.97
ROA4.42%
Beta1.23
Div Payout6.04%
THE STOCK SCORE

How good is this company?

Overall performance across 5 key dimensions.

Overall Score40/100
Updated 13 Jul
Each card tappable → shows formula + inputs
FLAGS

JINDAL STEEL flags 

Key strengths and potential risks.

🚩 2 red flags5 green flags

Green Flags

  • Quarterly OutperformanceLatest quarter Sales up 23.0% and Profit up 173.0%
  • Healthy Operating MarginsOPM is structurally strong at 18.1%
  • High Promoter HoldingPromoters hold 62.7% skin-in-the-game
  • Virtually Debt-FreeVery low Debt-to-Equity of 0.00x
  • Zero Pledge RiskNo recent active promoter pledging found

Red Flags

  • Poor Capital ReturnsLow ROE of 8.2%
  • Rising Receivables vs SalesReceivables grew 15.3% outpacing sales growth of -0.5%
THE CHANGELOG

What changed recently?

Recent events, corporate actions, and announcements.

11 JUL 2026
corporate
Resignation - JINDAL STEEL LIMITED has informed the Exchange regarding Resignation of Mr Gautam Malhotra as Chief ...
View PDF
09 JUL 2026
corporate
Certificate under SEBI (Depositories and Participants) Regulations, 2018 - JINDAL STEEL LIMITED has informed the Exchange about Certificate under SEBI (Depositories and Partic...
View PDF
🔒Prime: full history + alerts on this stock
Valuation

JINDAL STEEL LIMITED valuation: P/E, P/B and sector benchmarks.

Twelve years of multiples investors have paid for JINDAL STEEL LIMITED, framed against the sector median so the premium or discount is obvious at a glance.

JINDAL STEEL LIMITED trades at a P/E of 31.17× and P/B of 2.06×, against the Metals & Mining sector median P/E of 16.67×.

Key MetricsLive · as of 13 Jul 2026
Valuation

Valuation

Market Cap
₹1.05 L Cr.
P/E Ratio
Neutral
Near threshold of 25
31.17
P/B Ratio
Good
Better than threshold of 3
2.06
EPS
₹33.1
Profitability

Profitability

ROE
Watch
Below quality threshold of 10%
8.22%
ROCE
Watch
Below quality threshold of 10%
9.7%
Net Margin
Watch
Below quality threshold of 5%
4.34%
Op Margin
Good
Better than threshold of 15%
18.1%
Growth

Growth

EPS YoY
Revenue YoY
Good
Better than threshold of 10%
23%
Qtr Sales
Good
Better than threshold of 10%
23%
Qtr Profit
Good
Better than threshold of 10%
173%
Financial Health

Financial Health

Debt / Equity
Good
Better than threshold of 1
0
Book Value
₹500.34
Div Yield
Neutral
Near threshold of 2%
0.19%
Promoter Holding
Good
Better than threshold of 50%
62.69%
Technicals

JINDAL STEEL LIMITED technical analysis: indicators, pivots and CPR.

Live RSI, MACD and moving-average signals plus today's pivot and Central Pivot Range levels for JINDAL STEEL LIMITED — derived from the live tape, not yesterday's close.

JINDAL STEEL LIMITED last traded at ₹1,028.8 with an intraday range of ₹1,010.1–₹1,044.3 — live indicator, pivot and CPR signals below.

Last updated: Invalid Date

Pivot points

Standard pivot — most widely referenced.

Pivot levels · Classic

Live: ₹1028.80
LevelPrice (₹)Distance% Δ
R41113.77+84.97+8.26%
R31079.57+50.77+4.93%
R21061.93+33.13+3.22%
R11045.37+16.57+1.61%
PIVOT1027.73-1.07-0.10%
CURRENT1028.80
S11011.17-17.63-1.71%
S2993.53-35.27-3.43%
S3976.97-51.83-5.04%
S4942.77-86.03-8.36%
CPR Levels
Support
Resistance
S4
S3
S2
S1
| CPR |
BC: 1027.20P: 1027.73TC: 1028.27
R1
R2
R3
R4
indicator
LTP: 1028.80
PDH: 1063.60
PDL: 1038.50
● Market Sentiment

JINDALSTEL is trading Above CPR, indicating Bullishness

● CPR Width

CPR is Narrower, suggesting likely for trending moves

● Opening Range

Day's range: 1010.11044.3

● Price Position

Trading Below opening range, showing Bearishness

Financials

JINDAL STEEL LIMITED financials: P&L, balance sheet, cash flow, ratios.

Twelve years of audited numbers for JINDAL STEEL LIMITED, switchable between annual and quarterly views, consolidated or standalone.

JINDAL STEEL LIMITED reports its full P&L, balance sheet, cash flow and ratios on this page — current market capitalisation of ₹1.05 L Cr. and reported EPS of ₹33.10.

Period201820192020202120222023202420252026
Revenue from Operations
27,841
39,372
36,917
38,989
51,086
52,711
50,027
49,765
53,225
Other Income
3
16
26
539
50
57
157
168
328
Total Income
27,844
39,388
36,944
39,528
51,136
52,768
50,183
49,932
53,553
Cost of Goods Sold (COGS)
9,461
16,235
14,587
10,722
20,502
24,698
22,020
23,560
25,495
Gross Profit
18,381
23,137
22,331
28,267
30,583
28,014
28,007
26,205
27,730
+Operating Expenses
11,911
14,732
14,477
13,823
15,070
18,079
17,806
16,711
18,071
EBITDA
6,469
8,406
7,854
14,444
15,513
9,935
10,201
9,494
9,660
+Non-Operating Expenses
7,161
8,266
7,907
5,406
3,578
2,767
4,116
2,850
3,817
Profit Before Tax (PBT)
-1,864
-2,802
-246
7,296
11,173
4,486
6,241
4,353
4,428
+Tax Expense
-240
-390
154
1,769
2,925
1,292
298
1,498
1,052
Profit/Loss from Discontinued Ops
-1,260
-1,483
781
Total Profit for Period
-1,616
-2,412
-400
4,267
6,766
3,974
5,943
2,846
3,361
Less: Non-controlling Interests
-206
-766
-291
633
1,013
800
5
34
-7
Net Profit (Owner's PAT)
-1,409
-1,645
-109
3,634
5,753
3,174
5,938
2,812
3,367
Earnings Per Share (EPS)
-14.56
-17.00
-1.07
35.62
56.40
31.11
58.21
27.57
33.01
Diluted Shares Outstanding (Nos.)
97
97
102
102
102
102
102
102
102
+Additional Disclosures
38,915
62,005
51,879
37,030
59,715
73,758
65,950
68,927
74,573
Sales Growth %
41.42
-6.23
5.61
31.03
3.18
-5.09
-0.52
6.95
YoY Sales Growth %
41.42
-6.23
5.61
31.03
3.18
-5.09
-0.52
6.95
Material Cost %
34
39
39
24
37
42
39
42
46
Employee Cost %
3
3
3
2
2
2
3
2
2
Other Cost %
39
35
36
33
28
32
33
31
32
OPM %
23
21
21
37
30
19
20
19
18
Tax %
13
14
-63
24
26
29
5
34
24
Profit Growth %
-16.76
93.36
3,428.35
58.33
-44.83
87.10
-52.65
19.74
Gross Margin %
66.02
58.77
60.49
72.50
59.87
53.15
55.98
52.66
52.10
EBITDA Margin %
23.24
21.35
21.27
37.05
30.37
18.85
20.39
19.08
18.15
Interest Coverage Ratio
0.67
0.69
0.96
3.55
7.11
5.01
5.70
5.13
4.28
Ebit
2,586
2,925
3,987
10,991
13,417
7,244
7,379
6,727
6,488
all values in ₹ Cr unless suffixed · source: company filings
Segment Analysis

JINDAL STEEL segment analysis: revenue and profit mix.

Disclosed business segments at JINDAL STEEL with their share of revenue and profit, switchable between consolidated and standalone reporting.

JINDAL STEEL discloses revenue and profit across multiple business segments — toggle between consolidated and standalone views to see the mix.

Segment-wise Financial Analysis

Thesis

The Bull, Bear, and Flip case for JINDAL STEEL LIMITED.

Our AI distills the core fundamental drivers supporting JINDAL STEEL LIMITED, the risks that threaten it, and the exact valuation or growth triggers that should make you re-evaluate.

JINDAL STEEL LIMITED's investment case rests on 10 positive markers and 10 flagged concerns drawn from the latest reported filings.

bull case

What you're getting.

  • Strong promoter holding of 62.69% signals insider confidence and long-term commitment.

  • Operating margin of 12.14% demonstrates efficient core operations and profitability.

  • Revenue growth of 23% TTM outpaces many peers in the Indian steel sector.

  • Operating cash flow of ₹70.80 per share indicates strong earnings conversion.

  • Vertical integration into mining reduces raw material costs and strengthens competitive positioning.

bear case

Key Risks.

  • Latest quarterly profit declined 25.90% YoY, raising operational risk concerns.

  • P/E ratio of 31.11x suggests significant overvaluation relative to peer multiples.

  • Dividend yield of 0.19% is exceptionally low, offering minimal income to investors.

  • ROE of 8.22% and ROA of 4.39% lag peer performance and sector benchmarks.

  • Net profit margin of 4.34% TTM trails competitors, compressing profitability.

flip conditions

Flip Conditions.

  • Trim if P/E re-rates above 41 (~2.5× the sector multiple of 16.7). The valuation cushion thins from there.

  • Reassess if quarterly profit growth turns negative for two consecutive quarters. The bull case relies on compounding earnings.

  • Exit if ROE slips below 8%. The operating engine is no longer compounding capital efficiently.

  • Income thesis breaks if the dividend is cut or yield falls below 0.10%.

Shareholding

JINDAL STEEL shareholding pattern: promoters, FII, DII and public.

Quarter-on-quarter ownership shifts in JINDAL STEEL — who is buying, who is exiting, and which institutions hold the largest positions.

Shareholding Pattern

AnnualMar 2026

Promoters57.80%0.32%
Public8.72%0.49%
FII9.20%0.23%
DII19.13%0.39%
Others0.25%
Promoter4.89%

Ownership Distribution

Promoters
57.80%
Retail & Public
8.72%
Foreign Institutions
9.20%
Domestic Institutions
19.13%
Others
0.25%
Promoter Foreign
4.89%

Category Trends

Foreign Institutions Breakdown
Total Holding: 9.20%
Net Change: -0.23%
Category Total9.20%
Total Holding9.20%
Net Change-0.23%
Not Fully Disclosed

⚠️Partial Disclosure Notice

Individual institutions below total 0.00%, but category aggregate is 9.20%. Some institutions may not be disclosed by the company as per regulatory requirements.

Institution Name
Trend (Last 6)
Holding %
QoQ Change
YoY ChangePeriod
HSBC GLOBAL INVESTMENT FUNDS - INDIAN EQUITY
0.00%
0.00%
0.00%
Mar 2026
VALIANT MAURITIUS PARTNERS LIMITED
0.00%
0.00%
0.00%
Mar 2026
Kotak Funds - India Midcap Fund
0.00%
0.00%
0.00%
Mar 2026
TREE LINE ASIA MASTER FUND (SINGAPORE) PTE LTD
0.00%
0.00%
0.00%
Mar 2026
New World Fund Inc
0.00%
0.00%
0.00%
Mar 2026
HSBC POOLED INVESTMENT FUND A/C HSBC POOLED INVESTMENT FUND - HSBC POOLED ASIA PACIFIC EX JAPAN EQUITY FUND
0.00%
0.00%
0.00%
Mar 2026
BLACKROCK GLOBAL FUNDS ASIAN DRAGON FUND
0.00%
0.00%
0.00%
Mar 2026
BlackRock Global Funds - Asian Growth Leaders Fund
0.00%
0.00%
0.00%
Mar 2026
VALIANT MAURITIUS PARTNERS OFFSHORE LIMITED
0.00%
0.00%
0.00%
Mar 2026
Peers

JINDAL STEEL LIMITED peer comparison — same-sector benchmarks.

Same-sector listed peers ranked on P/E, market cap, dividend yield and growth — JINDAL STEEL LIMITED is highlighted for quick read-across.

Quick Compare

Largest by Market Cap
JSW Steel Limited
₹3.03 Lakh Cr
Best Profit Growth
Mukand Limited
4992.00 %
Highest Dividend Yield
Tata Steel Limited
4.04 %
09 · Chart Patterns

JINDAL STEEL LIMITED chart patterns: breakouts, tops and bottoms.

Auto-detected classical chart patterns for JINDAL STEEL LIMITED — Double Top/Bottom, Head & Shoulders, Triple Bottom and more — with break levels, targets and quality scores across Intraday, Daily and Weekly timeframes.

  1. 1Pick how to scan. Detection sets sensitivity — Daily (standard) → Weekly (big swings). History sets how far back to look.
  2. 2Read the summary. The tiles at the top give the current read: net bias, the strongest pattern, and the one nearest to triggering.
  3. 3Scan the list. Use the Actionable, Watchlist, and History tabs to browse patterns. Click a pattern card to focus it.
  4. 4Inspect on the chart. Focusing draws the pattern’s pivots plus its break (blue), target (amber) and invalidation lines.
  5. 5Filter to what matters. Use the status controls (Confirmed, Forming, Invalidated) to hide noise and find exactly what you are looking for.
Detection
History
Click a pattern card to draw the pattern shape on the candles — labeled pivots (Head, Shoulders, Bottoms), neckline, breakout point, projection and invalidation. Click again to clear.
0 patterns
Historical accuracy
0 of 0 confirmed patterns reached projection
Avg move when projection reached
measured from break level
Avg sessions to projection
after confirmation
Best pattern on JINDALSTEL
needs ≥3 completions

Pattern history — every completed pattern and its outcome

No completed patterns yet.
View full JINDALSTEL pattern history & scanner →
Delivery Conviction

JINDAL STEEL LIMITED delivery volume — last 20 sessions of conviction.

Daily traded volume and delivery percentage for JINDAL STEEL LIMITED over 20 sessions — the gap between intraday flipping and genuine accumulation.

Latest session delivery in JINDAL STEEL LIMITED stood at 46.5% of traded volume, against a 20-day average of 51.4%.

Avg Delivery (20D)51.4%-4.9 ppt latest vs avg
Highest Delivery76.6%on 15 Jun
Avg Volume (20D)15.92 L20-day run-rate
Conviction Trend↓ Weakening-4.9 ppt latest read
Volume & Delivery · last 20 sessions
Exchange Filings & Investor Updates

JINDAL STEEL announcements: results, concalls, ratings, M&A.

Filings JINDAL STEEL sent to the exchanges, sequenced as they hit the tape — concall transcripts, results, credit ratings and presentations.

JINDAL STEEL files concall transcripts, results, credit ratings and corporate-action notices on the NSE and BSE exchange portals — latest 140 documents below.

  1. 11 Jul 2026ResignationView PDF

    Resignation

    JINDAL STEEL LIMITED has informed the Exchange regarding Resignation of Mr Gautam Malhotra as Chief Executive Officer of the company w.e.f. July 15,…

  2. 09 Jul 2026Certificate under SEBI (Depositories and Participants) Regulations, 2018View PDF

    Certificate under SEBI (Depositories and Participants) Regulations, 2018

    JINDAL STEEL LIMITED has informed the Exchange about Certificate under SEBI (Depositories and Participants) Regulations, 2018

  3. 06 Jul 2026Disclosure under SEBI Takeover RegulationsView PDF

    Disclosure under SEBI Takeover Regulations

    Opelina Sustainable Services Private Limited has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange…

  4. 01 Jul 2026Disclosure under SEBI Takeover RegulationsView PDF

    Disclosure under SEBI Takeover Regulations

    Opelina Sustainable Services Private Limited has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange…

  5. 01 Jul 2026Credit RatingView PDF

    Credit Rating

    JINDAL STEEL LIMITED has informed the Exchange about Credit Rating

Corporate Actions

JINDAL STEEL dividend history, splits and bonus issues.

Every dividend, stock split and bonus issue JINDAL STEEL has declared, sequenced by announce and record date.

JINDAL STEEL corporate-action history below covers all declared dividends, stock splits and bonus issues recorded with NSE and BSE.

Insider Activity

JINDAL STEEL insider trading: promoter and management activity.

Promoter, director and designated-employee transactions in JINDAL STEEL as reported to SEBI — buying and selling signals from the people who know the business best.

JINDAL STEEL insider activity below tracks 24 reported promoter, director and designated-employee transactions under SEBI Regulation 7(2).

InsiderCategoryTxn DateActionQuantityValue (₹)Price
JSP Employee Benefit TrustInsider30 May 2025sell1.05 L₹10.01 Cr.₹954.62
JSP Employee Benefit TrustInsider29 May 2025sell5.00 L₹48.13 Cr.₹962.56
JSP Employee Benefit TrustInsider28 May 2025sell2.38 L₹22.54 Cr.₹948.34
JSP Employee Benefit TrustInsider27 May 2025sell9.82 L₹93.4 Cr.₹951.01
JSP Employee Benefit TrustInsider26 May 2025sell7.33 L₹70.2 Cr.₹957.44
JSP Employee Benefit TrustInsider23 May 2025sell3.19 L₹30.5 Cr.₹955.65
JSP Employee Benefit TrustInsider22 May 2025sell5.92 L₹57.02 Cr.₹964.02
JSP Employee Benefit TrustInsider21 May 2025sell10.00 L₹95.99 Cr.₹959.90
JSP Employee Benefit TrustInsider20 May 2025sell10.00 L₹96.72 Cr.₹967.15
JSP Employee Benefit TrustInsider08 May 2025sell1.40 L₹12.06 Cr.₹859.17
About the Company

About JINDAL STEEL LIMITED: business, sector, key facts.

What JINDAL STEEL LIMITED does, where it operates, the people running it, and the numbers that describe the entity behind the ticker.

JINDAL STEEL LIMITED operates in the Iron & Steel industry under the Metals & Mining sector, listed as NSE: JINDALSTEL, BSE: 532286.

JINDALSTEL
Metals & Mining

JINDAL STEEL LIMITED

NSE · JINDALSTEL·BSE · 532286·www.jindalsteel.in

Jindal Steel & Power Limited (JSPL) is a large Indian conglomerate with a significant presence in the steel, mining, and infrastructure sectors, both domestically and internationally. Its core business revolves around the production and sale of a wide range of steel products, catering to diverse industrial and construction needs.

A major component of JSPL's steel production includes various forms of long steel products, such as TMT rebars (thermo-mechanically treated reinforcement bars) crucial for construction, wire rods used in manufacturing, round bars, and specialized rails for railways. They also produce flat steel products, including sheet piles for construction, plates for various applications, and hot-rolled coils. Beyond these, the company manufactures structural steel sections like beams, angles, and channels, commonly used in building frameworks and heavy industry. In addition, JSPL supplies semi-finished steel products, including slabs, billets, blooms, and rounds, which serve as raw materials for further processing by other manufacturers.

JSPL's product portfolio extends beyond basic steel. They produce cathode bars vital for the aluminum industry and offer innovative construction solutions like the Jindal Speedfloor System, a suspended concrete flooring system. Further adding to their diversification, JSPL manufactures and sells fabricated steel sections, encompassing H-beams, I-beams, and trusses, ready for use in construction projects. They also have a significant presence in the cement industry, producing and selling various types of cement under the Jindal Panther Cement brand, including Portland slag cement, Portland composite cement, and ground-granulated blast-furnace slag.

To support its steel production and cement operations, JSPL engages in substantial mining activities. The company owns and operates coal and iron ore mines located in India and abroad, ensuring a reliable supply of crucial raw materials for its manufacturing processes. This vertical integration gives JSPL a competitive advantage in terms of cost control and production efficiency.

In summary, JSPL’s business model is built on a vertically integrated approach, encompassing mining operations, steel production across a wide range of products, cement manufacturing, and the provision of value-added construction solutions. This diversification coupled with its international presence positions JSPL as a significant player in the Indian and global markets.

company facts
Employees
SectorMetals & Mining
HeadquartersNew Delhi, India
Market Cap₹1.05 L Cr.
Listed OnNSE
leadership21 on record
Dr. Bhaskar Chatterjee
Non-Executive Independent Director
Mr. Anirban Basu
President and Head of Supply Chain & Logistics
Mr. Anoop Juneja
Compliance Officer, Company Secretary
Mr. Atul Dubey
President
Mr. Damodar Mittal
Whole-Time Director
Mr. Damodar Mittal
Whole-Time Director
Mr. Dilip Kumar Sinha
President
Mr. Gaurav Khurana
Executive Vice President
Mr. Hanuman Kumar Sharma
President
Mr. Rohit Kumar
Non-Executive Independent Director
Mr. Sabyasachi Bandyopadhyay
Managing Director, Executive Director
Mr. Sabyasachi Bandyopadhyay
Director of Technical Marketing & Innovation
§ ∞ · Plainly Answered

Questions investors ask about JINDAL STEEL LIMITED (JINDALSTEL).

Quick answers grounded in this page's data — price action, fundamentals, ratios and ownership.

01What is the current share price of JINDAL STEEL LIMITED (JINDALSTEL)?

The current share price of JINDAL STEEL LIMITED (JINDALSTEL) is ₹1,028.8. Today, the stock has declined by ₹22.50 (2.14%), trading in a range of ₹1,010.1 to ₹1,044.3. The stock opened at ₹1,044.3 with a trading volume of 19,07,483 shares.

02Is JINDAL STEEL LIMITED stock a good investment for long-term?

JINDAL STEEL LIMITED can be considered for long-term investment based on several factors. The company has a market capitalization of ₹1,04,956.87 crores, P/E ratio of 31.17, ROE of 8.22%, and ROCE of 9.70%. The dividend yield stands at 0.19%. However, investment decisions should be based on your financial goals, risk appetite, and thorough research. It's recommended to consult with a SEBI-registered financial advisor before making investment decisions.

03What is the 52-week high and low price of JINDAL STEEL LIMITED stock?

The 52-week high price of JINDAL STEEL LIMITED (JINDALSTEL) is ₹1,306.2, while the 52-week low is ₹927.2. Currently trading at ₹1,028.8, the stock is 26.8% away from its 52-week low and 21.2% below its 52-week high. These levels help investors understand the stock's price volatility and trading range over the past year.

04Should I buy JINDAL STEEL LIMITED stock at the current price?

Whether to buy JINDAL STEEL LIMITED stock at ₹1,028.8 depends on multiple factors. The stock is currently trading with a P/E ratio of 31.17 and P/B ratio of 2.06. Today's performance shows a loss of 2.14%. Consider analyzing the company's fundamentals, technical indicators, industry trends, and your investment horizon. Compare these metrics with industry peers and consult a financial advisor for personalized advice.

05What is the dividend yield of JINDAL STEEL LIMITED and when is the next dividend?

JINDAL STEEL LIMITED offers a dividend yield of 0.19%, which means for every ₹100 invested at the current price of ₹1,028.8, you can expect to receive approximately ₹0.19 annually as dividends. The face value of the stock is ₹1.00. For information about the next dividend announcement and ex-dividend date, please check the company's official announcements or visit the BSE/NSE websites.

06What are the key financial ratios and metrics of JINDAL STEEL LIMITED?

JINDAL STEEL LIMITED's key financial metrics include: P/E Ratio: 31.17, P/B Ratio: 2.06, ROE: 8.22%, ROCE: 9.70%, Dividend Yield: 0.19%, EPS: ₹33.10, Book Value: ₹500.34, and Debt-to-Equity: 0.00. The company's market cap stands at ₹1,04,956.87 crores. These metrics help evaluate the company's valuation, profitability, and financial health.

07How is JINDAL STEEL LIMITED stock performing today in the market?

JINDAL STEEL LIMITED stock opened at ₹1,044.3 and is currently trading at ₹1,028.8, showing a decline of ₹22.50 (2.14%). The intraday high is ₹1,044.3 and low is ₹1,010.1. The trading volume stands at 19,07,483 shares, indicating strong market participation today.

08What is the P/E ratio of JINDAL STEEL LIMITED and what does it indicate?

JINDAL STEEL LIMITED has a Price-to-Earnings (P/E) ratio of 31.17, which means investors are willing to pay ₹31.17 for every ₹1 of earnings. With an EPS of ₹33.10, this P/E ratio suggests the stock may be trading at a premium, possibly due to high growth expectations. Compare this with industry peers and historical P/E ratios for better context.

Disclaimer

The data, ratios and commentary about JINDAL STEEL LIMITED (JINDALSTEL) on this page are published for educational and informational purposes only and are not investment, legal or tax advice. StockeZee is not a SEBI-registered investment adviser, research analyst or portfolio manager, and no content here should be construed as a recommendation to buy, hold or sell any security. Live and historical market data may be delayed, revised by the exchanges, or contain errors; figures sourced from third-party feeds and corporate disclosures may not always be current. Past performance is not indicative of future results, and equity investments carry the risk of capital loss. Before acting on anything you read here, please consult a SEBI-registered financial advisor and read all scheme-related documents carefully.