Jindal Stainless Limited Share Price Today

Techno Funda Ratings

RS Rating
42
Moderate
EPS Rating
65
Good
A/D Rating
D
Weak

Key Metrics

Current Price

₹737.5

Market Cap

₹ 60,867 Cr.

Stock P/E

18.8

ROE

17.8 %

RSI

52.62

Trend

Bullish

Share Price Chart

Technical Commentary

Jindal Stainless Ltd currently shows Bullish momentum based on moving averages, RSI behavior, earnings strength and institutional accumulation activity. The stock currently has an Accumulation Distribution Rating of D, a Relative Strength Rating of 41 and an EPS Rating of 65. TI65 trend indicator currently remains Neutral.

Buy or Sell Analysis

Speculative Momentum Phase (Neutral / Hold). Jindal Stainless Ltd is trading above its 50 DMA (708.43), but it lacks the powerful fundamental support typically required to sustain an extended bull run, as evidenced by a trailing Stock P/E of 18.8 and an ROE of 17.8%. Market relative strength is mediocre (RS Rating: 41), indicating that current price discovery is driven by short-term speculative indexing rather than aggressive institutional backing (A/D Grade: D). While short-term long positions remain valid as long as the price stays above key support floors, conservative market participants should avoid sizing up heavily here. Maintain a neutral profile, trail defensive stops tightly below the 50 DMA, and watch for a decisive high-volume catalyst.

Company Overview

Jindal Stainless Ltd is one of the largest manufacturers of Stainless Steel flat products, in Austenitic, Ferritic, Martensitic and Duplex grades in India used in a variety of industries like automobile, railways, construction, consumer goods etc. [1]

Jindal Stainless Ltd share price remains one of the actively tracked stocks on NSE among traders and long term investors.

The latest Jindal Stainless Ltd share price NSE movement reflects ongoing investor interest driven by company fundamentals, sector performance and broader market sentiment.

From a technical analysis perspective, the Jindal Stainless Ltd share price chart currently indicates a Bullish trend based on moving averages and RSI momentum analysis.

Technical Analysis

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IndicatorValue
Current Price737.5
RSI (14)52.62
50 DMA708.43
200 DMA755.62
TrendBullish
A/D RatingD
RS Rating42
EPS Rating65
TI651
TI65 TrendNeutral

Pivot Points Analysis

Daily pivot points for Jindal Stainless Limited calculated using previous trading session data. These levels help traders identify intraday support, resistance and breakout zones using Classic Pivot Point methodology.

Classic Pivot Points

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LevelValue
R3₹751.3
R2₹746.5
R1₹742
PP₹737.2
S1₹732.7
S2₹727.9
S3₹723.4

Financial Ratios

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MetricValue
Market Cap₹ 60,867 Cr.
Current Price₹ 738
High / Low₹ 884 / 651
Stock P/E18.8
Book Value₹ 240
Dividend Yield0.41 %
ROCE19.3 %
ROE17.8 %
Face Value₹ 2.00

Quarterly Results

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QuarterSalesProfitOPM
Mar 20239,76571612%
Jun 202310,18473812%
Sep 20239,79776413%
Dec 20239,12769114%
Mar 20249,45450111%
Jun 20249,43064613%
Sep 20249,77760912%
Dec 20249,90765412%
Mar 202510,19859010%
Jun 202510,20771513%
Sep 202510,89380813%
Dec 202510,51882813%
Mar 202611,33783413%

Shareholding Pattern

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HolderHolding
Promoters 75.00%
FIIs 12.49%
DIIs 1.83%
Public 10.68%
Others 0.00%
No. of Shareholders46,412

Pros and Cons

Pros

  • Healthy return on equity of 17.8% indicating strong capital allocation efficiency.
  • Strong technical momentum with price holding comfortably above the 50 DMA (708.43).

Cons

    Related NSE Stocks

    Frequently Asked Questions

    What is the current technical trend and RSI for Jindal Stainless Ltd share?

    Based on the latest closing data, the technical momentum for Jindal Stainless Ltd is currently evaluated as Bullish. The stock is exhibiting an RSI (14) of 52.62, indicating it is trading in a neutral balanced zone. Key tracking supports are currently located near the daily pivots, with price relative to the 50 DMA (708.43) defining immediate multi-day trend patterns.

    What are the key resistance and support pivot points for Jindal Stainless Ltd?

    According to Classic Pivot Point methodologies, the core trading floor for Jindal Stainless Ltd today centers at a Pivot Point (PP) of ₹737.2. Upside resistance challenges are calculated at R1: ₹742, R2: ₹746.5, and R3: ₹751.3. Conversely, if selling pressure intensifies, immediate floor support targets are positioned at S1: ₹732.7, S2: ₹727.9, and S3: ₹723.4.

    How does the fundamental ROE and P/E ratio look for Jindal Stainless Ltd?

    Jindal Stainless Ltd is currently trading with a valuation metrics context of a Stock P/E of 18.8, against a core structural efficiency Return on Equity (ROE) standing at 17.8 %. This fundamental operational efficiency baseline is coupled with an EPS Rating of 65, allowing investors to track how corporate profitability trends align with current price discovery cycles on the National Stock Exchange (NSE).

    Should I buy or sell Jindal Stainless Ltd shares based on corporate rankings?

    Our dynamic trade matrix suggests a status of: Speculative Momentum Phase (Neutral / Hold). Jindal Stainless Ltd is trading abo... For long-term portfolios, decision-making should match the stock's market performance profile, which currently displays an institutional Accumulation/Distribution (A/D) grade of D, a Relative Strength (RS) ranking of 41, and long-term trend backing from the TI65 indicator (Neutral pattern).

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