Close 10 Sep 1505 scanned A
NIFTY 5023,477.80+0.20%
BANK NIFTY56,471.95+0.31%
INDIA VIX11.80-1.05%
MIDCAP 15022,904.25-0.38%
SMALLCAP 25018,433.40+0.01%
NEXT 5072,530.90-0.44%
BREADTH61%above 200-DMA
ADV / DEC558 / 939
NSE close 10 Sep

JINDALSTEL

JINDAL STEEL LIMITED
Metals & MiningLarge capRs 115,724 crRs 86.4 cr traded a dayManufacturingCommoditiesMetals
Close on 10 September 2026
1,137.00
−0.83%
52-week range50% of the way up
986.001,288.80
Market cap
115,724 cr
P/E (TTM)
42.7×
industry 19×
EPS (TTM)
26.61
Revenue YoY
+25.9%
Q1 FY27
Profit YoY
-43.6%
Net margin
5.5%
-6.7pt vs a year ago
Growth trend
+2.9pt
vs last quarter’s YoY
1 month
+2.2%
Below 52w high
13.4%
RSI (14)
52
Daily swing
2.6%
average true range
Volume
0.7×
vs 20-day average
Traded
Rs 86 cr
median day
Close200-day averageMaterial filing
1,0001,1001,2001,300Sep 25Nov 25Jan 26Mar 26May 26Jul 26Sep 26
260 sessions · hover for the filing behind a move

Key metrics

each ranked against every stock scanned tonight
Above the 200-day average
Below the median
+0.3%
One-year return
Above the median
+10.1%
Return on capital employed
n/a
Debt to equity
n/a
Profitable quarters, last four
of the last four reported
4 of 4
Cash conversion
cash from operations against reported profit
n/a
Revenue growth, year on year
latest reported quarter
+25.9%
Below the 52-week high
from the highest close of the year
-11.8%
1 week
−0.70%
1 month
+2.25%
3 months
−1.09%
6 months
−3.58%
1 year
+10.13%

The read

written from the numbers on this page
The evidence leans constructive5 supporting, 3 against, 0 worth knowing

Supporting

  • trading 0% above its 200-day average
  • up 10% over twelve months
  • matches consistently growing and profitable, which has beaten the market by +0.51 points over 20 sessions across 117,484 past signals
  • 4 independent kinds of evidence agree today, which is uncommon
  • revenue grew 26% year on year in the quarter ending 30 June 2026

Against

  • 4 of the scans it matches have historically underperformed the market
  • priced at 43× earnings against an industry median of 19× — 121% above its peers
  • holders are unwinding longs quietly

Worth knowing

  • nothing the data supports either way
JINDALSTEL sits in Manufacturing, Commodities, Metals — worth checking whether the whole group is moving together or whether this name is doing it alone.
What would change this read: a close below 1,134, its 200-day average.
Assembled automatically from the figures on this page — the scans matched, their measured record, the filed financials, the derivatives positioning and the peer comparison. It is not a recommendation, no one has spoken to the company, and every claim above can be checked against a number further down this page.

What is working, what is not

from the filings and from the price, with the figure behind every line
Working2

Revenue rose 25.9% year on year, from Rs 12,294 cr to Rs 15,482 cr.

+25.9%Rs 12,294 crRs 15,482 cr

3 different kinds of evidence point at it tonight, not 3 versions of the same one.

3 families
Needs watching3

Net profit -43.6% year on year, Rs 1,496 cr to Rs 844 cr.

-43.6%Rs 1,496 crRs 844 cr

Profit grew slower than revenue, -43.6% against +25.9%.

-43.6%+25.9%

Net margin fell from 12.2% to 5.5% this quarter versus last year.

12.2%5.5%
Every figure here is computed — from the company’s own filings, or from its own closing prices. Wording of 2 of these 4 filing lines was drafted by a language model, which is given the figures and may not introduce another — any sentence containing a number that did not come from the filings is discarded before it reaches this page.

How it has performed

price return over each window, beside the median NSE stock over the same days
this stockmedian NSE stock, same window-0.7%+0.1 pt vs market1W+2.2%+3.3 pt vs market1M-1.1%-3.7 pt vs market3M-3.6%-20.2 pt vs market6M+10.1%+13.3 pt vs market1Y

What the scans say today

6 of 47 matched on 10 Sep
JINDALSTEL matches 6 of the 47 scans today, across 4 different kinds of evidence. Three or more independent families agreeing is uncommon — it is the same test the shortlist on every page uses.

Valuation against its own history

500 sessions since 26 September 2024
18×
median 34×
61×
now 43×
JINDALSTEL trades at 43× trailing earnings, above its median of 34× over this window — 24% more expensive than usual. The band runs from the 5th to the 95th percentile, so single-day spikes do not set the edges.
This window is short by the standards of valuation history — it begins where four quarters of filed earnings first exist. A stock can look cheap against two years and expensive against ten.

Recent filings

from the exchange, newest first
AGM / EGM filings were typically +0.17pt vs the market over the next 5 sessions (n=8,423) · Analyst call filings were typically +0.11pt vs the market over the next 5 sessions (n=4,339)

The business

from the company’s filed results
Everything below is taken from the company’s own quarterly filing with the exchange — the XBRL document it submitted, not a vendor’s summary of it. Figures in rupees crore.
11.2k11.8k13.2k12.3k11.7k13.0k16.2k15.5k7.7%-2.3%12.2%5.5%Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26Q4 FY26Q1 FY27
RevenueNet profit, drawn inside its revenue barNet margin, own scale belowrupees crore, per quarter as filed. Revenue bars start at zero.

Going for it

  • revenue grew 26% against the same quarter a year earlier

Going against it

  • profit dropped 44% year on year
  • net margin narrowed from 6.4% to 5.5%
Quarter-by-quarter numbers, as filed
QuarterRevenueProfit before taxNet profitEPSNet margin
Q1 FY27
30 Jun · consolidated
15,4821,2058448.305.5%
Q4 FY26
31 Mar · consolidated
16,2181,0851,04110.276.4%
Q3 FY26
31 Dec · consolidated
13,0273441891.871.4%
Q2 FY26
30 Sep · consolidated
11,6869826356.285.4%
Q1 FY26
30 Jun · consolidated
12,2942,0181,49614.7312.2%
Q4 FY25
31 Mar · consolidated
13,18381-304-2.3%
Quarterly filings are unaudited unless stated. Consolidated figures are used where the company files both. A single quarter is a noisy thing — the trend across the column is worth more than the top row.

Where the price stands

the same figures every scan on this site is computed from
Trend
Distance from the averages traders watch. Above all of them is a bull phase; below the 200-day is the line most investors use to say otherwise.
Versus 50-day average+3.6%
Versus 200-day average+0.3%
Below 52-week high-11.8%
Above 52-week low+15.3%
Momentum
How hard it has been pushed lately. Above 70 on RSI is stretched, below 30 is washed out — neither is a signal on its own.
RSI (14)52.4
Higher closes in last 52 of 5
Six-month return−3.58%
Risk and liquidity
What a position costs to hold and to exit. Position sizing starts with the daily swing, not with conviction.
Typical daily swing (ATR)2.58%
Volume versus 20-day0.7x
Median daily turnoverRs 86.4 cr

Derivatives

near expiry 2026-09-29 · 2026-09-10
Long Unwinding
Price down, open interest down. Holders are leaving quietly. Less violent than a short buildup, and easier to miss.
Futures basis versus spot+0.08%
Open interest change-0.3%
Put / call ratio0.84
Put wall (support)1,140
Call wall (resistance)1,180
Max pain1,160
How to read this
Open interest is contracts still open, so a rise means new positions and a fall means positions closing. Combined with price direction that gives the state on the left. The walls are the strikes carrying the most open interest near expiry — levels other people are watching, not levels the price is obliged to respect. A future below spot means sellers are paying to be short.

Peers

Metals & Mining · 23 classified companies
JINDALSTEL trades at 42.7× trailing earnings against an industry median of 19.3× across 22 other classified companies in its industry — more expensive than them, by 121%. A multiple is a statement about expectations, not about quality: cheap usually means the market expects less, and it is often right.
CompanyMarket cap (Rs cr)P/E1 month1 yearTurnover (Rs cr)
ADANIENT400,52853.3+3.06%+17.03%311.7
JSWSTEEL318,17611.4+2.75%+16.74%179.5
HINDZINC250,79614.7+1.54%+29.25%338.8
TATASTEEL232,99727.8+0.31%+8.98%459.5
HINDALCO225,10813.7−5.98%+35.98%312.2
JINDALSTEL115,72442.7+2.25%+10.13%86.4
LLOYDSME102,10920.7−4.19%+38.15%59.3
SAIL75,89817.8+5.60%+35.62%382.4
NMDC74,37910.0−1.51%+10.07%141.7
NATIONALUM68,57110.2−11.11%+76.99%202.9
JSL62,80919.4+3.29%−3.23%30.5
HINDCOPPER50,95344.8−3.72%+77.80%658.6
largest twelve by market capitalisation. Market cap and P/E need filed financials, so blanks are companies whose filings have not been read yet

Recent sessions

what this stock has matched since the engine went live
This is the live record, not the backtest — the scans this stock actually appeared in on each stored session. A name that keeps reappearing is in a persistent condition; a one-day appearance usually is not.
SessionScansWhich
7 Sep1MACD just turned negative
31 Aug1Breaking out of a tight range
27 Aug1Back above the 200-day line