Record-Breaking Price Movement
On 4 February 2026, Jindal Steel Ltd. closed near its 52-week high, just 0.39% shy of the peak price of ₹1,170.65. The stock recorded a daily gain of 1.86%, outperforming the Sensex which marginally declined by 0.02% on the same day. This marks the third consecutive day of gains, with a cumulative return of 5.49% over this period, signalling strong momentum.
The stock’s upward trajectory is further supported by its position above all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. This technical strength highlights the sustained buying interest and positive market sentiment surrounding the company.
Comparative Performance Against Benchmarks
Jindal Steel Ltd.’s performance over various time frames has consistently outpaced the broader market. Over the past week, the stock gained 4.70%, compared to the Sensex’s 1.68%. The one-month return stands at 8.49%, significantly higher than the Sensex’s negative 2.38% over the same period. Over three months, the stock appreciated by 8.55%, while the Sensex managed a modest 0.32% increase.
Longer-term performance is even more striking. The stock has delivered a 46.23% return over the past year, vastly outperforming the Sensex’s 6.54%. Year-to-date, Jindal Steel Ltd. has risen 11.20%, while the Sensex has declined by 1.76%. Over three years, the stock has more than doubled with a 101.07% gain, compared to the Sensex’s 37.61%. The five-year return of 306.05% and an extraordinary ten-year gain of 1,939.43% further illustrate the company’s remarkable growth story relative to the Sensex’s 65.42% and 244.00% respectively.
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Mojo Score and Grade Evolution
Jindal Steel Ltd. currently holds a Mojo Score of 58.0, categorised under a Hold grade. This represents an upgrade from its previous Sell rating, which was revised on 11 November 2025. The improvement in grading reflects enhanced market confidence and better financial metrics relative to prior assessments.
Despite the Hold rating, the company’s market capitalisation grade remains at 1, indicating a large-cap status within the ferrous metals sector. This classification underscores the company’s significant presence and influence in the industry.
Sector and Industry Context
Operating within the ferrous metals industry and sector, Jindal Steel Ltd. has demonstrated resilience and growth amid fluctuating commodity prices and global demand shifts. The stock’s recent outperformance relative to its sector peers, despite a slight underperformance of 0.25% on the day, highlights its competitive positioning and operational strength.
The company’s ability to sustain gains over multiple time horizons, coupled with its technical indicators, suggests a well-established market foothold and effective strategic execution.
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Historical Growth and Market Capitalisation
Jindal Steel Ltd.’s market capitalisation and stock price growth over the past decade have been exceptional. The ten-year return of 1,939.43% dwarfs the Sensex’s 244.00% gain, reflecting the company’s ability to generate substantial shareholder value over the long term.
This growth is indicative of consistent business expansion, effective capital allocation, and favourable industry dynamics that have supported the company’s ascent to its current valuation levels.
Summary of Recent Trading Activity
The stock’s recent trading activity has been characterised by steady gains and positive momentum. The 1-day gain of 1.86% and 1-week return of 4.70% demonstrate short-term strength, while the 1-month and 3-month returns of 8.49% and 8.55% respectively confirm sustained upward movement.
These figures, combined with the stock’s position above all major moving averages, suggest a robust technical foundation supporting the all-time high price achievement.
Conclusion
Jindal Steel Ltd.’s attainment of an all-time high price marks a significant milestone in its corporate journey. The company’s strong performance across multiple time frames, improved Mojo grading, and leadership within the ferrous metals sector collectively illustrate a well-established growth narrative. This achievement reflects both the company’s operational strengths and its ability to navigate market conditions effectively, securing its position as a key player in the industry.
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