Jindal Steel Hits All-Time High, Marking a Significant Milestone

Record-Breaking Price Movement

On 28 Jan 2026, Jindal Steel’s share price closed just 0.33% shy of its 52-week high of ₹1,104.5, signalling a significant milestone for the company. The stock recorded a daily gain of 2.21%, markedly outperforming the Sensex, which rose by 0.65% on the same day. This upward momentum has been consistent, with the stock registering a 3.56% return over the past two consecutive days.

Over the past week, Jindal Steel has advanced by 6.09%, substantially outpacing the Sensex’s 0.59% gain. The one-month performance is particularly notable, with a 12.00% increase compared to the Sensex’s decline of 3.12%. Even over longer horizons, the stock’s performance remains impressive, with a 31.22% rise over the last year against the Sensex’s 8.55% growth.

Strong Technical Indicators

Jindal Steel is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, signalling sustained bullish momentum. This technical strength is complemented by the stock’s sector performance; the Steel/Sponge Iron/Pig Iron segment gained 2.03% on the day, with Jindal Steel outperforming the sector average.

The stock’s year-to-date return stands at 4.86%, contrasting with the Sensex’s decline of 3.32%, further highlighting its relative strength in the current market environment. Over three years, the stock has surged by 87.94%, more than doubling the Sensex’s 38.87% gain. Its five-year performance is even more remarkable, with a 308.01% increase compared to the Sensex’s 75.77% rise. Over a decade, Jindal Steel’s stock price has multiplied by 16.24 times, vastly exceeding the Sensex’s 2.37 times growth.

Mojo Score and Market Capitalisation Insights

Jindal Steel currently holds a Mojo Score of 61.0, reflecting a Hold rating, an improvement from its previous Sell grade as of 11 Nov 2025. This upgrade indicates a positive shift in the company’s market perception and underlying fundamentals. Despite the Mojo Grade improvement, the Market Cap Grade remains at 1, suggesting that while the company is performing well, there is room for growth in market capitalisation metrics.

The stock’s consistent outperformance relative to the Sensex and sector benchmarks underscores its resilience and ability to generate shareholder value. The 2.21% daily gain on 28 Jan 2026 aligns with the sector’s upward trend, where the Steel/Sponge Iron/Pig Iron segment advanced by 2.03%, reinforcing the company’s leadership within its industry.

Long-Term Performance and Sector Context

Jindal Steel’s long-term returns have been exceptional. Over the past decade, the stock has appreciated by 1,623.71%, vastly outperforming the Sensex’s 236.71% gain. This extraordinary growth trajectory highlights the company’s sustained ability to capitalise on sectoral trends and market opportunities.

Its five-year return of 308.01% further cements its status as a high-growth stock within the ferrous metals sector. The three-year performance of 87.94% also demonstrates consistent upward momentum, even amid fluctuating market conditions. These figures place Jindal Steel among the top performers in its industry, reflecting strong operational execution and market positioning.

Sector Performance and Relative Strength

The ferrous metals sector has experienced a positive trend, with the Steel/Sponge Iron/Pig Iron segment gaining 2.03% on the day of Jindal Steel’s record close. Jindal Steel’s 2.21% gain on the same day indicates its ability to outperform sector peers. This relative strength is further supported by the stock’s consistent gains over multiple timeframes, including a 6.09% rise over the past week and a 12.00% increase over the last month.

Such performance metrics demonstrate the company’s capacity to maintain upward momentum amid sectoral advances, reinforcing its position as a key player within the ferrous metals industry.

Summary of Key Metrics

To summarise, Jindal Steel’s stock has achieved an all-time high close, supported by:

• Daily gain of 2.21% outperforming Sensex’s 0.65%


• Two consecutive days of gains totalling 3.56%


• Trading above all major moving averages (5, 20, 50, 100, 200 days)


• Year-to-date return of 4.86% versus Sensex’s -3.32%


• One-year return of 31.22% compared to Sensex’s 8.55%


• Five-year return of 308.01%, significantly higher than Sensex’s 75.77%


• Mojo Score upgrade from Sell to Hold with a current score of 61.0

These figures collectively highlight the company’s strong market performance and its ability to sustain growth over both short and long-term periods.

Conclusion

Jindal Steel’s ascent to an all-time high marks a significant achievement in its market journey. The stock’s consistent gains, technical strength, and superior returns relative to the Sensex and sector benchmarks underscore its robust position within the ferrous metals industry. The recent Mojo Grade upgrade further reflects improving market sentiment and fundamental strength. This milestone serves as a testament to the company’s enduring market presence and operational effectiveness.

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