{
  "main_header": {
    "sid": 492988,
    "name": "Jindal Stain.",
    "stock_name": "Jindal Stain.",
    "full_name": "Jindal Stainless Ltd",
    "name_url": "stocks-analysis/jindal-stain",
    "exchange": 0,
    "exchangecode": "",
    "country_id": 34,
    "currency": "INR",
    "cmp": "535.85",
    "chg": 19.95,
    "chgp": "3.87%",
    "dir": 1,
    "prev_price": "515.90",
    "mcapval": "44,141.69 Cr",
    "mcap": "Large Cap",
    "scripcode": 532508,
    "symbol": "JSL",
    "ind_name": "Steel/Sponge Iron/Pig Iron",
    "ind_code": 23,
    "isin": "INE220G01021",
    "curr_date": "Apr 11, 12:53 PM",
    "curr_time": "00:18 AM",
    "bse_nse_vol": "4.79 lacs",
    "exc_status": "Active",
    "traded_date": "Apr 11, 2025",
    "traded_date_str": "2025 04 11",
    "score": "",
    "scoreText": "",
    "Live": 0,
    "market_time": 0,
    "is_blur": 1,
    "is_blur_class": "blur-registerF-score-header",
    "is_blur_url": "https://sandbox-www.marketsmojo.com/mojofeed/register?redirect=/stocks-analysis/jindal-stain-492988-0&utm_source=Spage_Header_Score",
    "mojoone": {
      "ismore": 0
    }
  },
  "news": {
    "results": [
      {
        "title": "Jindal Stainless Adjusts Valuation Amidst Competitive Steel Industry Landscape",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/jindal-stainless-valuation-grade-downgraded-from-attractive-to-fair-amid-price-increase-2-1692276",
        "imagepath": "",
        "date": "2025-04-03 08:00:18",
        "description": "Jindal Stainless has recently undergone a valuation adjustment, reflecting a shift in its financial standing within the steel industry. The company's current price stands at 589.50, showing a slight increase from the previous close of 576.10. Over the past year, Jindal Stainless has experienced a stock return of -17.68%, contrasting with a positive return of 3.67% for the Sensex.\n\nKey financial metrics for Jindal Stainless include a PE ratio of 20.10 and an EV to EBITDA ratio of 11.40. The company also boasts a return on capital employed (ROCE) of 18.86% and a return on equity (ROE) of 15.87%. In comparison to its peers, Jindal Stainless maintains a competitive position, with its valuation metrics indicating a more favorable outlook than some competitors, such as JSW Steel and Tata Steel, which have higher PE ratios.\n\nDespite the recent valuation adjustment, Jindal Stainless continues to demonstrate resilie..."
      },
      {
        "title": "Jindal Stainless Faces Bearish Technical Trends Amid Market Volatility and Declining Returns",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/jindal-stainless-technical-trend-changes-from-mildly-bearish-to-bearish-amid-stock-decline-1575806",
        "imagepath": "",
        "date": "2025-03-25 08:02:16",
        "description": "Jindal Stainless, a prominent player in the Steel/Sponge Iron/Pig Iron industry, has recently undergone an evaluation revision reflecting its current market dynamics. The stock is currently priced at 591.00, down from a previous close of 625.65, with a 52-week high of 848.00 and a low of 568.70. Today's trading saw a high of 636.85 and a low of 589.25, indicating some volatility in its performance.\n\nThe technical summary for Jindal Stainless reveals a bearish sentiment across various indicators. The MACD shows a bearish trend on a weekly basis, while the monthly outlook is mildly bearish. Similarly, the Bollinger Bands and KST indicators also reflect bearish tendencies. The moving averages indicate a bearish position on a daily basis, and the On-Balance Volume shows a mildly bearish trend on a monthly scale.\n\nIn terms of returns, Jindal Stainless has faced challenges compared to the Sensex. Over the past we..."
      },
      {
        "title": "Jindal Stainless Adjusts Valuation Grade Amid Strong Financial Metrics and Market Position",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/jindal-stainless-sees-valuation-grade-upgrade-from-fair-to-attractive-amid-stock-decline-2-1575587",
        "imagepath": "",
        "date": "2025-03-25 08:00:24",
        "description": "Jindal Stainless has recently undergone a valuation adjustment, reflecting its current financial metrics and market position within the steel industry. The company reports a price-to-earnings (PE) ratio of 20.15 and an EV to EBITDA ratio of 11.43, indicating a competitive stance in its sector. Additionally, Jindal Stainless boasts a return on capital employed (ROCE) of 18.86% and a return on equity (ROE) of 15.87%, showcasing its operational efficiency and profitability.\n\nIn comparison to its peers, Jindal Stainless stands out with a more favorable valuation profile. For instance, JSW Steel and Tata Steel are both rated at a fair valuation, with significantly higher PE ratios of 73.27 and 64.44, respectively. Meanwhile, Jindal Steel, another competitor, is also rated attractive but has a higher PE ratio of 23.03. Other companies in the sector, such as Lloyds Metals and Shyam Metalics, are categorized as ver..."
      },
      {
        "title": "Jindal Stainless Sees Significant Open Interest Surge Amid Increased Trading Activity",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/jindal-stainless-ltd-sees-28-68-surge-in-open-interest-amid-high-trading-activity-1575165",
        "imagepath": "",
        "date": "2025-03-24 15:00:25",
        "description": "Jindal Stainless Ltd (JSL), a prominent player in the Steel/Sponge Iron/Pig Iron industry, has experienced a significant increase in open interest today. The latest open interest stands at 16,793 contracts, reflecting a notable rise of 3,743 contracts or 28.68% from the previous open interest of 13,050. This surge in open interest comes alongside a trading volume of 30,316 contracts, indicating heightened activity in the stock.\n\nIn terms of price performance, Jindal Stainless is currently trading close to its 52-week low, just 4.53% away from Rs 568.05. The stock has underperformed its sector by 5.34% today, continuing a downward trend with a 9.21% decline over the past three days. The stock reached an intraday low of Rs 593, marking a decrease of 5.23% during the session. \n\nDespite the challenges, there has been a notable increase in delivery volume, which rose by 191.54% compared to the five-day average, ..."
      },
      {
        "title": "Jindal Stainless Sees Surge in Open Interest Amidst Increased Market Activity",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/jindal-stainless-sees-27-72-surge-in-open-interest-to-16668-contracts-1574964",
        "imagepath": "",
        "date": "2025-03-24 14:00:17",
        "description": "Jindal Stainless Ltd (JSL), a prominent player in the Steel/Sponge Iron/Pig Iron industry, has experienced a significant increase in open interest today. The latest open interest stands at 16,668 contracts, reflecting a rise of 3,618 contracts or 27.72% from the previous open interest of 13,050. This surge coincides with a trading volume of 28,250 contracts, indicating heightened activity in the derivatives market.\n\nIn terms of price performance, Jindal Stainless is currently trading close to its 52-week low, just 4.38% away from Rs 568.05. The stock has underperformed its sector by 5.53% today, marking a consecutive decline over the past three days, with a total drop of 9.35% during this period. The intraday low reached Rs 593, representing a decrease of 5.23%. \n\nAdditionally, the stock has shown high volatility today, with an intraday volatility of 5.18%. It is trading below its 5-day, 20-day, 50-day, 100..."
      },
      {
        "title": "Surge in Open Interest Signals Shift in Market Dynamics for Jindal Stainless",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/jindal-stainless-sees-28-76-surge-in-open-interest-amid-price-fluctuations-1574804",
        "imagepath": "",
        "date": "2025-03-24 13:00:17",
        "description": "Jindal Stainless Ltd (JSL), a prominent player in the Steel/Sponge Iron/Pig Iron industry, has experienced a significant increase in open interest today. The latest open interest stands at 16,803 contracts, reflecting a rise of 3,753 contracts or 28.76% from the previous open interest of 13,050. This surge coincides with a trading volume of 24,154 contracts, indicating heightened activity in the derivatives market.\n\nDespite this uptick in open interest, Jindal Stainless has underperformed its sector, with a decline of 4.65% today. The stock has faced consecutive losses over the past three days, accumulating a total return of -8.66%. During today's trading session, Jindal Stainless reached an intraday low of Rs 594.2, marking a decrease of 5.03% from its previous close. The stock has exhibited high volatility, with an intraday fluctuation of 5.17%.\n\nIn terms of liquidity, the stock remains accessible for tra..."
      },
      {
        "title": "Jindal Stainless Sees Surge in Open Interest Amidst Price Decline and Increased Trading Activity",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/jindal-stainless-sees-24-85-surge-in-open-interest-amid-trading-activity-1574570",
        "imagepath": "",
        "date": "2025-03-24 12:00:08",
        "description": "Jindal Stainless Ltd (JSL), a prominent player in the Steel/Sponge Iron/Pig Iron industry, has experienced a significant increase in open interest today. The latest open interest stands at 16,293 contracts, reflecting a notable rise of 3,243 contracts or 24.85% from the previous open interest of 13,050. This surge in open interest comes alongside a trading volume of 19,023 contracts, indicating heightened activity in the market.\n\nDespite this uptick in open interest, Jindal Stainless has underperformed its sector, with a decline of 3.17% today. The stock has faced consecutive losses over the past three days, accumulating a total drop of 7.16%. During today's trading session, Jindal Stainless reached an intraday low of Rs 598.3, marking a decrease of 4.38%. The weighted average price suggests that more volume was traded closer to this low price point.\n\nAdditionally, the stock is currently trading below its 5..."
      },
      {
        "title": "Jindal Stainless Sees Significant Open Interest Surge Amid Market Activity Shift",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/jindal-stainless-ltd-sees-25-72-surge-in-open-interest-amid-trading-activity-1574300",
        "imagepath": "",
        "date": "2025-03-24 11:00:05",
        "description": "Jindal Stainless Ltd (JSL), a prominent player in the Steel/Sponge Iron/Pig Iron industry, has experienced a significant increase in open interest today. The latest open interest stands at 16,406 contracts, reflecting a rise of 3,356 contracts or 25.72% from the previous open interest of 13,050. This uptick coincides with a trading volume of 14,186 contracts, indicating heightened activity in the stock.\n\nIn terms of price performance, Jindal Stainless has underperformed its sector by 2.93%, with the stock recording a decline of 2.53% on the day. Over the past three days, the stock has faced consecutive losses, totaling a drop of 6.46%. The intraday low reached Rs 598.3, marking a decrease of 4.38% from the previous close. Notably, the stock is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a bearish trend.\n\nDespite these challenges, there has been a notab..."
      },
      {
        "title": "Surge in Open Interest for Jindal Stainless Signals Increased Market Activity and Investor Interest",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/jindal-stainless-ltd-sees-16-37-surge-in-open-interest-amid-price-decline-1573497",
        "imagepath": "",
        "date": "2025-03-24 10:00:04",
        "description": "Jindal Stainless Ltd (JSL), a prominent player in the Steel/Sponge Iron/Pig Iron industry, has experienced a notable increase in open interest today. The latest open interest stands at 15,186 contracts, reflecting a rise of 2,136 contracts or 16.37% from the previous open interest of 13,050. This surge in open interest is accompanied by a trading volume of 7,099 contracts, indicating active participation in the market.\n\nIn terms of price performance, Jindal Stainless has underperformed its sector by 3.06%, with the stock recording a decline of 3.43% on the day. Over the past three days, the stock has seen a cumulative drop of 7.1%. The intraday low reached was Rs 606.05, marking a decrease of 3.14%. The weighted average price suggests that more volume was traded closer to this low price point.\n\nAdditionally, the stock is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages..."
      }
    ],
    "total": 3878,
    "sid": "492988",
    "stock_news_url": "https://sandbox-www.marketsmojo.com/news/jindal-stainless-492988"
  },
  "announcements": [
    {
      "caption": "Compliances-Half Yearly Communication - Debt Instruments",
      "datetime": "04-Apr-2025",
      "details": "Statement containing details of ISIN for debt securities issued by Jindal Stainless Limited for the half year ended on March 31 2025",
      "source": "BSE"
    },
    {
      "caption": "Disclosures under Reg. 29(2) of SEBI (SAST) Regulations 2011",
      "datetime": "04-Apr-2025",
      "details": "The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations 2011 for Deutsche Bank AG",
      "source": "BSE"
    },
    {
      "caption": "Disclosures under Reg. 29(2) of SEBI (SAST) Regulations 2011",
      "datetime": "03-Apr-2025",
      "details": "The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations 2011 for Abhyuday Jindal & PACs",
      "source": "BSE"
    }
  ],
  "corporate_actions": [
    {
      "img": "board-meeting.svg",
      "title": "BOARD MEETING",
      "msg": "<span>No</span> Upcoming Board Meetings",
      "data": []
    },
    {
      "img": "dividend.svg",
      "title": "DIVIDEND",
      "msg": "",
      "data": [
        {
          "txt": "Jindal Stainless Ltd has declared <strong>50%</strong> dividend, ex-date: 07 Feb 25",
          "dt": "2025-02-07",
          "middle_text": "Dividend Alert"
        }
      ]
    },
    {
      "img": "splits.svg",
      "title": "SPLITS",
      "msg": "No <strong>Splits</strong> history available",
      "data": []
    },
    {
      "img": "bonus.svg",
      "title": "BONUS",
      "msg": "No <strong>Bonus</strong> history available",
      "data": []
    },
    {
      "img": "rights-issues.svg",
      "title": "RIGHTS",
      "msg": "No <strong>Rights</strong> history available",
      "data": []
    }
  ]
}

News and Views

Jindal Stainless Adjusts Valuation Amidst Competitive Steel Industry Landscape

2025-04-03 08:00:18

Jindal Stainless has recently undergone a valuation adjustment, reflecting a shift in its financial standing within the steel industry. The company's current price stands at 589.50, showing a slight increase from the previous close of 576.10. Over the past year, Jindal Stainless has experienced a stock return of -17.68%, contrasting with a positive return of 3.67% for the Sensex. Key financial metrics for Jindal Stainless include a PE ratio of 20.10 and an EV to EBITDA ratio of 11.40. The company also boasts a return on capital employed (ROCE) of 18.86% and a return on equity (ROE) of 15.87%. In comparison to its peers, Jindal Stainless maintains a competitive position, with its valuation metrics indicating a more favorable outlook than some competitors, such as JSW Steel and Tata Steel, which have higher PE ratios. Despite the recent valuation adjustment, Jindal Stainless continues to demonstrate resilie...

Read More

Jindal Stainless Faces Bearish Technical Trends Amid Market Volatility and Declining Returns

2025-03-25 08:02:16

Jindal Stainless, a prominent player in the Steel/Sponge Iron/Pig Iron industry, has recently undergone an evaluation revision reflecting its current market dynamics. The stock is currently priced at 591.00, down from a previous close of 625.65, with a 52-week high of 848.00 and a low of 568.70. Today's trading saw a high of 636.85 and a low of 589.25, indicating some volatility in its performance. The technical summary for Jindal Stainless reveals a bearish sentiment across various indicators. The MACD shows a bearish trend on a weekly basis, while the monthly outlook is mildly bearish. Similarly, the Bollinger Bands and KST indicators also reflect bearish tendencies. The moving averages indicate a bearish position on a daily basis, and the On-Balance Volume shows a mildly bearish trend on a monthly scale. In terms of returns, Jindal Stainless has faced challenges compared to the Sensex. Over the past we...

Read More

Jindal Stainless Adjusts Valuation Grade Amid Strong Financial Metrics and Market Position

2025-03-25 08:00:24

Jindal Stainless has recently undergone a valuation adjustment, reflecting its current financial metrics and market position within the steel industry. The company reports a price-to-earnings (PE) ratio of 20.15 and an EV to EBITDA ratio of 11.43, indicating a competitive stance in its sector. Additionally, Jindal Stainless boasts a return on capital employed (ROCE) of 18.86% and a return on equity (ROE) of 15.87%, showcasing its operational efficiency and profitability. In comparison to its peers, Jindal Stainless stands out with a more favorable valuation profile. For instance, JSW Steel and Tata Steel are both rated at a fair valuation, with significantly higher PE ratios of 73.27 and 64.44, respectively. Meanwhile, Jindal Steel, another competitor, is also rated attractive but has a higher PE ratio of 23.03. Other companies in the sector, such as Lloyds Metals and Shyam Metalics, are categorized as ver...

Read More

Jindal Stainless Sees Significant Open Interest Surge Amid Increased Trading Activity

2025-03-24 15:00:25

Jindal Stainless Ltd (JSL), a prominent player in the Steel/Sponge Iron/Pig Iron industry, has experienced a significant increase in open interest today. The latest open interest stands at 16,793 contracts, reflecting a notable rise of 3,743 contracts or 28.68% from the previous open interest of 13,050. This surge in open interest comes alongside a trading volume of 30,316 contracts, indicating heightened activity in the stock. In terms of price performance, Jindal Stainless is currently trading close to its 52-week low, just 4.53% away from Rs 568.05. The stock has underperformed its sector by 5.34% today, continuing a downward trend with a 9.21% decline over the past three days. The stock reached an intraday low of Rs 593, marking a decrease of 5.23% during the session. Despite the challenges, there has been a notable increase in delivery volume, which rose by 191.54% compared to the five-day average, ...

Read More

Jindal Stainless Sees Surge in Open Interest Amidst Increased Market Activity

2025-03-24 14:00:17

Jindal Stainless Ltd (JSL), a prominent player in the Steel/Sponge Iron/Pig Iron industry, has experienced a significant increase in open interest today. The latest open interest stands at 16,668 contracts, reflecting a rise of 3,618 contracts or 27.72% from the previous open interest of 13,050. This surge coincides with a trading volume of 28,250 contracts, indicating heightened activity in the derivatives market. In terms of price performance, Jindal Stainless is currently trading close to its 52-week low, just 4.38% away from Rs 568.05. The stock has underperformed its sector by 5.53% today, marking a consecutive decline over the past three days, with a total drop of 9.35% during this period. The intraday low reached Rs 593, representing a decrease of 5.23%. Additionally, the stock has shown high volatility today, with an intraday volatility of 5.18%. It is trading below its 5-day, 20-day, 50-day, 100...

Read More

Surge in Open Interest Signals Shift in Market Dynamics for Jindal Stainless

2025-03-24 13:00:17

Jindal Stainless Ltd (JSL), a prominent player in the Steel/Sponge Iron/Pig Iron industry, has experienced a significant increase in open interest today. The latest open interest stands at 16,803 contracts, reflecting a rise of 3,753 contracts or 28.76% from the previous open interest of 13,050. This surge coincides with a trading volume of 24,154 contracts, indicating heightened activity in the derivatives market. Despite this uptick in open interest, Jindal Stainless has underperformed its sector, with a decline of 4.65% today. The stock has faced consecutive losses over the past three days, accumulating a total return of -8.66%. During today's trading session, Jindal Stainless reached an intraday low of Rs 594.2, marking a decrease of 5.03% from its previous close. The stock has exhibited high volatility, with an intraday fluctuation of 5.17%. In terms of liquidity, the stock remains accessible for tra...

Read More

Jindal Stainless Sees Surge in Open Interest Amidst Price Decline and Increased Trading Activity

2025-03-24 12:00:08

Jindal Stainless Ltd (JSL), a prominent player in the Steel/Sponge Iron/Pig Iron industry, has experienced a significant increase in open interest today. The latest open interest stands at 16,293 contracts, reflecting a notable rise of 3,243 contracts or 24.85% from the previous open interest of 13,050. This surge in open interest comes alongside a trading volume of 19,023 contracts, indicating heightened activity in the market. Despite this uptick in open interest, Jindal Stainless has underperformed its sector, with a decline of 3.17% today. The stock has faced consecutive losses over the past three days, accumulating a total drop of 7.16%. During today's trading session, Jindal Stainless reached an intraday low of Rs 598.3, marking a decrease of 4.38%. The weighted average price suggests that more volume was traded closer to this low price point. Additionally, the stock is currently trading below its 5...

Read More

Jindal Stainless Sees Significant Open Interest Surge Amid Market Activity Shift

2025-03-24 11:00:05

Jindal Stainless Ltd (JSL), a prominent player in the Steel/Sponge Iron/Pig Iron industry, has experienced a significant increase in open interest today. The latest open interest stands at 16,406 contracts, reflecting a rise of 3,356 contracts or 25.72% from the previous open interest of 13,050. This uptick coincides with a trading volume of 14,186 contracts, indicating heightened activity in the stock. In terms of price performance, Jindal Stainless has underperformed its sector by 2.93%, with the stock recording a decline of 2.53% on the day. Over the past three days, the stock has faced consecutive losses, totaling a drop of 6.46%. The intraday low reached Rs 598.3, marking a decrease of 4.38% from the previous close. Notably, the stock is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a bearish trend. Despite these challenges, there has been a notab...

Read More

Surge in Open Interest for Jindal Stainless Signals Increased Market Activity and Investor Interest

2025-03-24 10:00:04

Jindal Stainless Ltd (JSL), a prominent player in the Steel/Sponge Iron/Pig Iron industry, has experienced a notable increase in open interest today. The latest open interest stands at 15,186 contracts, reflecting a rise of 2,136 contracts or 16.37% from the previous open interest of 13,050. This surge in open interest is accompanied by a trading volume of 7,099 contracts, indicating active participation in the market. In terms of price performance, Jindal Stainless has underperformed its sector by 3.06%, with the stock recording a decline of 3.43% on the day. Over the past three days, the stock has seen a cumulative drop of 7.1%. The intraday low reached was Rs 606.05, marking a decrease of 3.14%. The weighted average price suggests that more volume was traded closer to this low price point. Additionally, the stock is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages...

Read More

View All News