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JINDALSTEL

JINDAL STEEL LIMITED · NSE · INE749A01030 · F&O · lot 625 · 272 sessions on record
₹1,100.50▼ −34.40 · −3.0%from ₹1,134.90 the session before · 1 Oct 2026 close · NSE end of day
Open
₹1,130.50
High
₹1,132.70
Low
₹1,079.00
Day's range
₹544.7% of the previous close
VWAP
₹1,099.04close +0.13% from it
Volume, shares
8.6 L1.14× the 20-session average
Turnover, ₹ crore
95
Trades
31,00028 shares per trade
Previous close
₹1,134.90−34.40 to the close
Price band, next session
₹990.45 – ₹1,210.5510% either side of the close · dynamic, widened in 5% steps when hit
Day range40% of the way up
₹1,079.00₹1,132.70
52-week range37% of the way up
₹977.10 9 Dec₹1,306.20 21 Apr

−16% from the high · +13% from the low

The desk read · 1 Octexpiry 27 Oct · 26 days
short build-up
futures read
price −3.0% · OI +0.7%
+0.80
futures premium, ₹
+0.1% to spot ₹1,100.50
0.91
puts per call, by OI
by volume 0.77
1,140
max pain
+3.6% from the close
▲ +0.7%
futures OI on the day
+180 lots · 24,000 open

Short build-up into a 26-day expiry: futures OI +0.7% on a −3.0% day, the most call OI sits at 1,140, the most put OI at 1,080, max pain 1,140.

Futures and options

1 Oct close · lot 625 · NSE end of day

JINDALSTEL futures closed at ₹1,101.30, +0.1% to spot, with 98% of open interest in the 27 Oct contract, and the 1,100 straddle prices a move of about ±5.7% by expiry.

Futures by expiryall 3 contracts NSE lists on the stock · basis against the spot close ₹1,100.50
Futures by expiry, basis against the spot close ₹1,100.50
ExpiryClose ₹Basis ₹ · %Annualised %OI lots · on the dayShare of OI %Contracts traded
27 Oct26 days₹1,101.30+0.80+0.1%+1.0%24,000▲ +0.7% · +180 lots982,800
23 Nov53 days₹1,106.80+6.30+0.6%+3.9%3900.0% · 0.00 lots1.665
29 Dec89 days₹1,111.00+10.50+0.9%+3.9%12▲ +50.0% · +4.0 lots0.0522

1.6% of futures OI sits beyond the 27 Oct contract · 25 of 36 listed contracts traded · 19,000 option contracts changed hands

Options27 Oct expiry · 26 days

The 1,100 straddle closed at ₹62.95 (call 32.15 + put 30.80), pricing a move of about ±5.7% by the 27 Oct expiry. In the last 253 windows of 19 sessions, JINDALSTEL moved more than that 120 times.

Call OI, lots
5,60035 L shares
Put OI, lots
5,10032 L shares
Puts per call, by OI
0.91by volume 0.77
Max pain
1,140+3.6% from the close
Contracts traded
25 of 36listed for this expiry
Open interest by strike, lotstop three strikes each side
Calls
Strike
Puts
1,400
1,180
520
1,160
1,700
1,140
970
1,120
1,000
1,080
1,100
Open interest added on the day, lotsthree largest additions each side
Calls
Strike
Puts
+170
1,180
+1,200
1,140
1,120
+870
+350
1,100
1,080
+1,100
1,000
+63
Close ₹ · Nifty 50 rebased to the first close · futures open interest by the day's build-up126 sessions to 1 Oct · axis fixed at 4 × ATR-14 around the last close
272 sessions on file · from 28 Aug
JINDALSTEL close and futures open interest over the last 126 sessions, with Nifty 50 rebased to the first close967.1211281289axis spans 33%Nifty 50JINDALSTEL1 Apr6 Jul1 OctFutures open interest, lotspeak 27,000126 sessions from 1 Apr to 1 Oct; the price axis spans 33 percent.

The market after the news

close against the last close before each bulletin · Nifty 50 over the same sessions

After the last 8 bulletins, JINDALSTEL closed higher five sessions later in 8 of 8.

Close after each bulletin on the day, one session later and five sessions later, with Nifty 50 and futures open interest
BulletinDay of the news1 session later5 sessions laterFutures OI on the day
28 JulJindal Steel receives credit rating upgrade to AA+▼ −1.1%Nifty 0.0% · −1.0 pp▲ +2.2%Nifty +1.1% · +1.1 pp▲ +5.5%Nifty +2.6% · +2.9 pp▲ +2.8%short build-up
26 JulJindal Steel pioneers coal gasification for steelmaking▲ +2.9%Nifty +1.0% · +1.9 pp▲ +1.8%Nifty +0.9% · +0.9 pp▲ +6.7%Nifty +4.2% · +2.5 pp▼ −3.2%short covering
26 JulJindal Steel focuses on capacity expansion and cost reduction▲ +2.9%Nifty +1.0% · +1.9 pp▲ +1.8%Nifty +0.9% · +0.9 pp▲ +6.7%Nifty +4.2% · +2.5 pp▼ −3.2%short covering
26 JulJindal Steel pioneers coal gasification for steelmaking▲ +2.9%Nifty +1.0% · +1.9 pp▲ +1.8%Nifty +0.9% · +0.9 pp▲ +6.7%Nifty +4.2% · +2.5 pp▼ −3.2%short covering
26 JulJindal Steel plans capacity expansion and cost reduction▲ +2.9%Nifty +1.0% · +1.9 pp▲ +1.8%Nifty +0.9% · +0.9 pp▲ +6.7%Nifty +4.2% · +2.5 pp▼ −3.2%short covering
25 JulJindal Steel revamps leadership with Sharma's return as MD▲ +2.9%Nifty +1.0% · +1.9 pp▲ +1.8%Nifty +0.9% · +0.9 pp▲ +6.7%Nifty +4.2% · +2.5 pp▼ −3.2%short covering
25 JulJindal Steel revamps leadership with Sharma's return as MD▲ +2.9%Nifty +1.0% · +1.9 pp▲ +1.8%Nifty +0.9% · +0.9 pp▲ +6.7%Nifty +4.2% · +2.5 pp▼ −3.2%short covering
17 JulJindal Steel pioneers coal gasification for steelmaking▼ −0.3%Nifty +1.1% · −1.4 pp▲ +0.5%Nifty +0.7% · −0.2 pp▲ +0.8%Nifty −1.3% · +2.0 pp▲ +0.9%short build-up
8 of 24 bulletins

Quarterly results

consolidated · latest filed 24 Jul, 07:47 pm IST · NSE filings

Revenue ₹15,482 cr, +26% on a year earlier; profit ₹844 cr, −44% in the Jun 2026 quarter, consolidated.

Last 8 quarters, consolidated₹ crore as filed · year on year against the same quarter a year earlier · market: close on the first session after the filing against the last close before it, Nifty 50 over the same session
Quarterly results of JINDALSTEL on the consolidated basis with the market's move on the first session after each filing
QuarterRevenue ₹ crRevenue YoYProfit ₹ crProfit YoYEPS ₹Market on the day
Jun 2026filed 24 Jul₹15,482 cr▲ +26%₹844 cr▼ −44%8.34▲ +2.9%Nifty +1.0% · +1.9 pp
Mar 2026filed 1 May · audited₹16,218 cr▲ +23%₹1,041 cr—10.30▲ +3.1%Nifty +0.5% · +2.6 pp
Dec 2025filed 30 Jan₹13,027 cr▲ +11%₹189 cr▼ −80%1.88▼ −2.6%Nifty −2.0% · −0.7 pp
Sept 2025filed 28 Oct₹11,686 cr▲ +4.2%₹635 cr▼ −26%6.28▼ −0.3%Nifty +0.5% · −0.7 pp
Jun 2025filed 12 Aug₹12,294 cr▼ −9.7%₹1,496 cr▲ +12%14.73▼ −0.2%Nifty +0.5% · −0.8 pp
Mar 2025filed 30 Apr · audited₹13,183 cr▼ −2.2%−₹304 cr▼ −130%-3.35▲ +0.2%Nifty +0.1% · +0.2 pp
Dec 2024filed 31 Jan₹11,751 cr▲ +0.42%₹951 cr▼ −51%9.39▼ −5.8%Nifty +1.1% · −6.9 pp
Sept 2024filed 7 Nov₹11,213 cr▼ −8.5%₹860 cr▼ −38%8.49▼ −0.5%Nifty −1.2% · +0.7 pp
By financial yearApril to March · each year the sum of its four quarters as filed, consolidated · EPS summed across the quarters · only complete years
Financial-year results of JINDALSTEL on the consolidated basis, summed from the quarters filed
YearRevenue ₹ crRevenue YoYProfit ₹ crProfit YoYEPS ₹
FY26to Mar 2026₹53,225 cr▲ +7.0%₹3,361 cr▲ +18%33.19
FY25to Mar 2025₹49,765 cr▼ −0.52%₹2,846 cr▼ −52%27.84
FY24to Mar 2024₹50,027 cr—₹5,943 cr—59.15

Fundamentals

consolidated · filings to Jun 2026 · close ₹1,100.50 on 1 Oct

JINDALSTEL trades at 41 times trailing earnings against 17 for its industry, 2.2 times book value, revenue +16% over twelve months, a 0.36% dividend yield, market cap ₹1,10,000 cr.

Valuationarithmetic on filings and the close · each cell names what it rests on · — where an input is missing
Market cap
₹1,10,000 cron 1 Oct · free float ₹42,000 cr
Price to earnings
41consolidated · four quarters to Jun 2026 · industry 17
Trailing EPS
₹26.80diluted · consolidated · four quarters to Jun 2026
Price to book
2.2consolidated · balance sheet to Mar 2026
Book value a share
₹508.20consolidated · balance sheet to Mar 2026 · over NSE's share count
Debt to equity
0.43borrowings over equity · consolidated · balance sheet to Mar 2026
Return on equity
5.5%trailing profit over average equity · consolidated
Dividend yield
0.36%₹4.00 a share in 365 days
Face value
₹1a share
Shares outstanding
102 cron 1 Oct
Growthsums of the four quarters filed to Jun 2026 · growth against the four quarters before them · consolidated
Revenue, trailing 12 months
₹56,413 crfour quarters to Jun 2026
Revenue growth, 12 months
▲ +16%against the twelve months before
Revenue 2-year CAGR
▲ +5.1%trailing twelve months against the twelve months 2 years earlier · consolidated
Profit, trailing 12 months
₹2,709 crfour quarters to Jun 2026
Profit growth, 12 months
▼ −9.8%against the twelve months before
Profit 2-year CAGR
▼ −30%trailing twelve months against the twelve months 2 years earlier · consolidated
PeersBSE sub-group Iron & Steel · F&O stocks with filings on record · industry P/E 17, market caps over trailing profit of 4 stocks
Stocks in the BSE sub-group Iron & Steel with market cap, price to earnings and price to book
StockMarket cap ₹P/EP/BClose ₹
JSWSTEELJSW Steel Limited3,00,000 cron 1 Oct12consolidated2.9₹1,233.00
TATASTEELTata Steel Limited2,20,000 cron 1 Oct20consolidated2.1₹178.00
JINDALSTELJINDAL STEEL LIMITED1,10,000 cron 1 Oct41consolidated2.2₹1,100.50
SAILSteel Authority of India Limited72,000 cron 1 Oct17consolidated1.2₹174.50
JSLJindal Stainless Limited60,000 cron 1 Oct—3.0₹732.70
SARDAENSarda Energy & Minerals Limited17,000 cron 1 Oct—2.3₹494.75
VISLVedanta Iron and Steel Limited12,000 cron 1 Oct——₹31.15
NSLNISPNMDC Steel Limited12,000 cron 1 Oct—0.91₹40.95
SANDUMASandur Manganese & Iron Ores Limited8,600 cron 1 Oct—2.6₹177.65
JAIBALAJIJai Balaji Industries Limited5,600 cron 1 Oct—2.5₹61.70
PRAKASHPrakash Industries Limited2,100 cron 1 Oct—0.59₹118.70
ANKITMETALAnkit Metal & Power Limited————
MANAKSTEELManaksia Steels Limited————
SCANSTLScan Steels Limited————

Shareholding

quarter to 30 Jun · 9.9% of the promoter holding pledged · NSE filings

Promoters hold 62.7%, foreign portfolio investors 8.8%, mutual funds 15.2% and insurance companies 2.4%, as filed for the quarter to 30 Jun.

By category, last 5 quarterspercent of shares · beneath each figure, the change in percentage points against the previous quarter on file
Shareholding of JINDALSTEL by category over the last 5 quarters with the change against the previous quarter
Category30 Jun31 Mar31 Dec30 Sept30 Jun
Promoters62.690.00 pp62.690.00 pp62.69▲ +0.32 pp62.37▲ +0.01 pp62.36
Foreign portfolio investors8.84▼ −0.35 pp9.19▲ +0.17 pp9.02▼ −0.41 pp9.43▼ −0.33 pp9.76
Mutual funds15.17▲ +0.68 pp14.49▲ +0.07 pp14.42▲ +0.55 pp13.87▲ +0.54 pp13.33
Insurance companies2.41▲ +0.08 pp2.330.00 pp2.33▼ −0.30 pp2.63▼ −0.03 pp2.66
Banks and financial institutions1.94▼ −0.38 pp2.32▼ −0.03 pp2.35▲ +0.11 pp2.24▲ +0.14 pp2.10
Individual investors6.21▲ +0.06 pp6.15▼ −0.18 pp6.33▼ −0.22 pp6.55▼ −0.30 pp6.85
Bodies corporate1.48▼ −0.04 pp1.52▼ −0.02 pp1.54▼ −0.04 pp1.58▼ −0.02 pp1.60
Others1.26▼ −0.05 pp1.31▼ −0.01 pp1.32▼ −0.01 pp1.33▼ −0.01 pp1.34

Corporate actions

NSE and BSE records

Nothing upcoming on record; the last was a dividend of ₹2.00 a share, ex-date 21 Aug 2026.

Actionsex-dates · upcoming first, then the last eight · dividends in rupees a share, bonus and split as ratios
Corporate actions of JINDALSTEL, upcoming first, then the most recent
Ex-dateActionAmount or ratioRecord dateSource
recent
21 Aug 2026dividend₹2.0021 Aug 2026BSE
22 Aug 2025dividend₹2.0022 Aug 2025BSE
22 Aug 2024dividend₹2.0022 Aug 2024BSE
Calendaras notified to the exchange
Next results
—no board meeting notified yet
Dividends in 365 days
₹4.00a share · ex-dates inside the year
Last dividend
₹2.00ex-date 21 Aug 2026

Price history

272 sessions on record · to 1 Oct · NSE end of day

JINDALSTEL is −5.1% over 20 sessions against Nifty's −6.2%, 16% below its 52-week high, realised volatility 26% annualised.

Returns against Nifty 50longest window first · Nifty 50 over the same sessions
Returns of the stock and Nifty 50 over six windows, longest first
WindowFrom ₹JINDALSTEL %Nifty 50 %Difference pp
250 sessionssince 26 Sept₹1,029.47▲ +6.9%▼ −9.1%+16
120 sessionssince 9 Apr₹1,199.59▼ −8.3%▼ −5.7%−2.6
60 sessionssince 8 Jul₹1,021.54▲ +7.7%▼ −6.1%+14
20 sessionssince 2 Sept₹1,159.40▼ −5.1%▼ −6.2%+1.2
5 sessionssince 24 Sept₹1,157.81▼ −4.9%▼ −2.8%−2.2
1 sessionsince 30 Sept₹1,134.89▼ −3.0%▼ −0.88%−2.1
Averages of the closeclose against each average
5-session average
₹1,133.96close −3.0% from it
20-session average
₹1,135.93close −3.1% from it
50-session average
₹1,123.81close −2.1% from it
200-session average
₹1,136.38close −3.2% from it
Range and volumetrue range over 14 sessions · high to low over 20 · volume against the 20-session average
Average true range, 14
₹333.0% of the close
Average day's range, 20
₹292.6% of the close
Volume against 20 sessions
1.14×8.6 L vs 7.6 L average
Volatility and co-movement with Nifty 50annualised from daily log returns · counts share one denominator per cell
Realised volatility, 20
26%≈ ±1.6% a session · moved more than that on 6 of 20
Realised volatility, 60
24%≈ ±1.5% a session · moved more than that on 18 of 60
Realised volatility, 250
28%≈ ±1.8% a session · moved more than that on 69 of 250
Beta to Nifty, 60
1.09moved with Nifty on 39 of 60 sessions
Beta to Nifty, 250
1.14moved with Nifty on 171 of 250 sessions
Up and down sessionscloses above and below the previous close
Last 20 sessions
9 up · 11 downof 20
Last 60 sessions
34 up · 26 downof 60
Last 250 sessions
132 up · 118 downof 250
Best session, 250
▲ +4.3%20 Mar
Worst session, 250
▼ −6.8%23 Mar

JINDAL STEEL LIMITED is in 19 NSE indices

all 19 indices

24 bulletins on JINDALSTEL

latest 28 Jul 2026

Beats in the coverage

July 2026

Jindal Steel receives credit rating upgrade to AA+Jindal Steel Limited's credit rating was upgraded to ICRA AA+ from AA (Stable) by ICRA, indicating improved financial stability. This change enhances the company's ability to secure debt funding, with short-term facilities maintaining an A1+ rating.Medium Jindal Steel pioneers coal gasification for steelmakingJindal Steel has implemented syngas derived from coal gasification in its galvanising and colour coating furnaces, marking a global first in steelmaking. This innovation reduces reliance on traditional fuels and enhances the production of corrosion-resistant steel products.High Jindal Steel focuses on capacity expansion and cost reductionJindal Steel's management announced a focus on capacity expansion and cost reduction, targeting annual capex of ₹70-80 bln. The company aims to produce 27,000 tn of steel daily post-monsoon while maintaining low inventory levels.Medium Jindal Steel pioneers coal gasification for steelmakingJindal Steel has achieved a global first by deploying syngas from coal gasification in its galvanising and colour coating furnaces, reducing reliance on imported fuels and enhancing production efficiency. This follows the commissioning of India's first coal gasification-based DRI plant, showcasing innovative advancements in steelmaking.High Jindal Steel plans capacity expansion and cost reductionJindal Steel's management announced plans for capacity expansion and cost reduction, targeting ₹70-80 bln in annual capex and aiming for 27,000 tn steel production per day post-monsoon. Current inventory is at 10-11 days, focusing on value-added products.Medium Jindal Steel revamps leadership with Sharma's return as MDJindal Steel reappointed Vidya Rattan Sharma as MD following CEO Gautam Malhotra's exit. The company also announced new CFO, COO, and HR head appointments, indicating a significant leadership overhaul to enhance growth.Medium Jindal Steel revamps leadership with Sharma's return as MDJindal Steel reappointed Vidya Rattan Sharma as MD after Gautam Malhotra's exit, marking a significant leadership overhaul. The company also appointed new CFO, COO, and HR head, aiming for strategic growth and stability.Medium Jindal Steel pioneers coal gasification for steelmakingJindal Steel has implemented syngas from coal gasification in galvanising furnaces, a global first in steelmaking. This innovation reduces reliance on imported fuels and enhances production efficiency, following the company's earlier DRI plant commissioning.High Jindal Steel pioneers coal gasification for steelmakingJindal Steel has implemented syngas from coal gasification in its galvanising furnaces, marking a global first in steelmaking. This innovation reduces dependence on traditional fuels and follows the commissioning of India's first coal gasification-based Direct Reduced Iron plant.High Jindal Steel pioneers coal gasification technology in steelmakingJindal Steel has implemented a global first by using syngas from coal gasification in its galvanizing and colour coating furnaces, reducing reliance on imported fuels and enhancing production efficiency. This follows the commissioning of India's first coal gasification-based DRI plant.High Jindal Steel pioneers coal gasification in steelmakingJindal Steel has deployed syngas from coal gasification in its galvanising furnaces, marking a global first in steelmaking. This innovation reduces reliance on traditional fuels and follows the commissioning of India's first coal gasification-based Direct Reduced Iron plant.High Jindal Steel receives CARE AA+ credit rating upgradeJindal Steel Limited announced a credit rating upgrade to CARE AA+ Stable from CARE AA Stable by CARE Ratings. This upgrade highlights the company's strong financial profile and commitment to sustainable growth, enhancing investor confidence.Medium Jindal Steel pioneers coal gasification for steelmakingJindal Steel has achieved a global first by deploying syngas from coal gasification in its galvanizing and colour coating furnaces, marking a significant innovation in steelmaking. This move could reduce dependence on imported fuels and enhance production efficiency.High Jindal Steel receives CARE AA+ credit rating upgradeJindal Steel Limited received a credit rating upgrade to CARE AA+ Stable from CARE AA Stable, reflecting its strong financial profile and disciplined capital management. This upgrade may enhance investor sentiment and reduce borrowing costs.Medium

May 2026

Jindal India completes ₹1,500 cr expansion in West BengalJindal India completed a ₹1,500 crore expansion in West Bengal, increasing production capacity to 60,000 tonnes per month. The new facility is projected to enhance revenue by 75% in FY'27, following earlier operational expansions.High Jindal India completes ₹1,500 cr expansion in West BengalJindal (India) Ltd completed a ₹1,500 cr expansion in West Bengal, increasing production capacity to 60,000 tonnes per month. The new facility is projected to boost revenue by 75% in FY'27, following earlier enhancements this year.High Jindal completes ₹1,500 crore capex in West BengalJindal (India) Limited announced the commissioning of a new high-speed Colour Coating Line at its West Bengal facility, completing a ₹1,500 crore capex investment. The line will enhance production capacity by 275,000 tons per annum, strengthening its market position.High Jindal Steel reports strong FY26 earnings with capacity expansionJindal Steel Limited reported FY26 earnings with consolidated revenue of ₹62,412 cr, up 8% YoY. The company expanded capacity from 9.6 million tonnes to 15.6 million tonnes, with profit after tax reaching ₹3,361 cr, an 18% increase from the previous year.High Jindal Steel reports record FY26 net profit and revenueJindal Steel reported record FY26 results with net profit of ₹3,361 cr and revenue of ₹53,224 cr. The company achieved a steel making capacity of 15.6 MTPA and proposed a final dividend of ₹2 per share, subject to approval.High Jindal Steel reports ₹1,045 crore profit in Q4Jindal Steel reported a consolidated net profit of ₹1,045 crore in Q4FY26, up from a loss of ₹339 crore YoY. Revenue increased 23% to ₹16,218 crore, with a proposed dividend of ₹2 per share subject to approval.High

April 2026

Jindal Steel launches world's first coal gasification DRI plantJindal Steel launched India's first syngas-based DRI plant, enhancing coal gasification technology to reduce reliance on imported fuels. This initiative supports energy self-reliance and low-carbon steel production, aligning with national policy objectives.High

March 2026

Jindal Steel completes 6 MTPA expansion at AngulJindal Steel completed a 6 MTPA expansion at its Angul facility, raising total capacity to 12 MTPA. This includes the commissioning of the third Basic Oxygen Furnace, increasing overall crude steel capacity to 15.6 MTPA.High

January 2026

Jindal Steel Q3 net profit falls 80% despite revenue riseJindal Steel reported a significant Q3 net profit drop of 80% to ₹190 crore, impacted by higher costs and weak steel prices. Revenue rose 10.9% to ₹13,026 crore, but fell short of analyst expectations of ₹526 crore.High Jindal Steel Q3 net profit drops 80% amid rising costsJindal Steel reported a net profit decline of 80% to ₹190 crore for Q3, significantly below analyst estimates. Revenue rose 10.9% to ₹13,026 crore, driven by increased production, but higher costs and weak steel prices weighed on profitability.High

About JINDAL STEEL LIMITED

exchange masters as of 18 Sept 2026 · classification by BSE
Company
JINDAL STEEL LIMITED
Exchange
NSE · BSE 532286, group A
Listed on NSE
29 Dec 1999
Classification
Commodities › Metals & Mining › Ferrous Metals › Iron & Steel
Index
BSE 200
Face value
₹1 a share
ISIN
INE749A01030
Sessions on record
272
Price source
NSE UDiFF bhavcopy · end of day · delayed
Filings
NSE and BSE public disclosures · results, shareholding and corporate actions as filed
Computed
1 Oct, 10:09 pm IST
Bulletins
24 · written by the desk · not a recommendation

OI Charts is not a SEBI-registered investment adviser or research analyst. Prices, open interest, filings and the desk read are exchange data and arithmetic on it, not a basis for any investment decision.