Why did Jindal Steel and Power (JINDALSTEL) stock move recently?

On 7/29/2026, Jindal Steel and Power moved +3.3% — Jindal Steel shares rose on continued positive reaction to its Q1 FY27 results (revenue beat with strong volume growth despite lower profit) and fresh analyst upgrades to 'Add'/'Buy' from Kotak and IDBI Capital. This is MarketChacha's decoded reason from filings and credible news; it is education, not buy/sell advice.

Is Jindal Steel and Power (JINDALSTEL) overvalued or fairly valued?

MarketChacha shows Jindal Steel and Power's valuation in context — a forward P/E of about 13.2, a price-to-book of about 2.3 — alongside its revenue and profit growth and whether reported profit converts into operating cash, so you can judge value for yourself. MarketChacha does not issue ratings, price targets, or buy/sell advice.

What is Jindal Steel and Power's revenue?

Jindal Steel and Power reported revenue of ₹54,023 Cr for FY2026, with net profit of ₹3,074 Cr, per official filings.

What is the share price of Jindal Steel and Power (JINDALSTEL)?

Jindal Steel and Power last traded at ₹1,165.00 (+0.5% on the day), as of 9/4/2026 — a delayed quote shown for education, not investment advice.

Jindal Steel and Power

JINDALSTEL · NSE · Metals · India

Snapshot

TickerJINDALSTEL

ExchangeNSE

SectorMetals

IndustrySteel

CountryIndia

Employees5,796

HeadquartersNew Delhi, India

Websitewww.jindalsteel.in

Filings tracked0

About Jindal Steel and Power

Jindal Steel Limited manufactures steel in India and internationally. It offers TMT rebars under the Jindal Panther brand; structural sections, rails, wire rods, round bars, and cut and bend rebars; and flat products, such as hot rolled coils, cast rounds, cold rolled and coated products, plates and coils, rockhard plates, and hollow sections. The company also provides semi-finished and specialized products, including cathode bars, fabricated sections, track shoes, sheet piles, sin beams, and value-added billets and blooms. In addition, it is involved in design and manufacturing of EOT and gantry cranes for steel plants, ports, infrastructure, and heavy engineering applications; manufactures pressure-retaining equipment for high-pressure and high-temperature industrial applications; and manufactures ferrous cast components for metallurgical and thermal processing industries. Further, the company engages in the operation of iron ore mines in Kasia, Roida, and Tensa in India; coal assets; pellet plants; and captive power facilities. It serves infrastructure, distribution, automotive, defense, building and construction, and engineering and packing. The company was formerly known as Jindal Steel & Power Limited and changed its name to Jindal Steel Limited in July 2025. Jindal Steel Limited was incorporated in 1979 and is based in New Delhi, India.

Who owns it

Promoters63.8%
Institutions22.7%
Public & other13.4%

159 institutional holders

Ownership breakdown from public market data. Promoter pledge is not included here — that comes from exchange shareholding filings.

Forensic scorecard

No major accounting red flags in the fundamentals we have — profit is backed by cash and returns look healthy.

Net margin trend4.7% → 6.3%

Margin has expanded by about 1.6 points — the business is getting more profitable.

Growth qualityrev 1% · PAT 9%

Profit growth is broadly tracking revenue growth — the earnings trend looks operational rather than one-off.

Computed by MarketChacha from reported figures (Yahoo Finance). Education, not a rating or recommendation.

What's expected next

Next quarter

Rev ₹18,131 Cr · EPS 17.57

Est. earnings growth +706.0%

Next fiscal year

Rev ₹81,302 Cr · EPS 88.03

Est. earnings growth +53.9%

Analyst consensus estimates — not the company's own guidance.

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Financials at a glance

Source: Yahoo Finance

Annual

Quarterly · last 5

Revenue (FY2026)

₹53,225 Cr

Net margin

6.3%

Revenue CAGR (3y)

+1.3%

Profit CAGR (3y)

+11.5%

Net profit (FY2026)

₹3,367 Cr

Ask MarketChacha about JINDALSTEL

Get a cited, plain-English answer — the “why”, not just data. Finance research only, never buy/sell advice.

Why it moved

Jul 29, 2026
Jindal Steel shares rose on continued positive reaction to its Q1 FY27 results (revenue beat with strong volume growth despite lower profit) and fresh analyst upgrades to 'Add'/'Buy' from Kotak and IDBI Capital.
source 1 ↗source 2 ↗· confidence: high

Daily moves with the verified reason behind them. Education only — not investment advice.

Financials

Yearly

Period	Revenue	Net profit	Net margin
FY2026	₹53,225 Cr	₹3,367 Cr	6.3%
FY2025	₹48,818 Cr	₹2,812 Cr	5.8%
FY2024	₹49,682 Cr	₹5,273 Cr	10.6%
FY2023	₹51,180 Cr	₹2,427 Cr	4.7%

Quarterly

Period	Revenue	Net profit	Net margin
Q1 FY27	₹15,482 Cr	₹845 Cr	5.5%
Q4 FY26	₹15,935 Cr	₹-143 Cr	-0.9%
Q3 FY26	₹13,559 Cr	₹673 Cr	5.0%
Q2 FY26	₹12,107 Cr	₹921 Cr	7.6%
Q1 FY26	₹12,420 Cr	₹1,624 Cr	13.1%

Figures as reported, in ₹ (crore). Source: Yahoo Finance.

In the news

Education and discussion only — not investment advice. Financials from official filings (SEC/BSE) and reported company statements; market figures (delayed market data) are delayed and shown for reference only. Verify with the linked sources before acting.