Stock Performance and Market Position
On 6 Feb 2026, Jindal Steel Ltd. closed near its 52-week high, just 0.27% shy of the peak price of ₹1,184.95. The stock outperformed its sector by 0.77% on the day, registering a gain of 0.78% compared to the Sensex’s modest 0.16% rise. This marks the fifth consecutive day of gains, during which the stock has appreciated by 6.9%, signalling strong momentum in the short term.
Jindal Steel is currently trading above all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, indicating a sustained upward trend. This technical strength complements the company’s fundamental performance and market positioning.
Long-Term Growth and Comparative Analysis
The company’s long-term returns have been particularly noteworthy. Over the past year, Jindal Steel Ltd. has delivered a remarkable 46.68% return, significantly outpacing the Sensex’s 6.91% gain. Year-to-date performance also stands out at 12.62%, contrasting with the Sensex’s decline of 2.08% during the same period.
Extending the horizon further, the stock has generated a 3-year return of 113.02%, nearly tripling the Sensex’s 37.92% growth. Over five years, the stock’s appreciation of 296.81% dwarfs the Sensex’s 64.49%, while the 10-year performance is extraordinary at 1,770.21%, compared to the benchmark’s 238.99%. These figures underscore Jindal Steel’s consistent ability to deliver superior returns over multiple market cycles.
Strong fundamentals, solid momentum, fair price – This Large Cap from the NBFC sector checks every box for our Top 1%. This should definitely be on your radar!
- - Complete fundamentals package
- - Technical momentum confirmed
- - Reasonable valuation entry
Mojo Score and Rating Evolution
Jindal Steel Ltd. currently holds a Mojo Score of 58.0, placing it in the ‘Hold’ category. This represents an upgrade from its previous ‘Sell’ rating as of 11 Nov 2025, reflecting an improvement in the company’s overall quality and market perception. The Market Cap Grade remains at 1, indicating a large-cap status within the ferrous metals sector.
The upgrade in rating aligns with the stock’s recent price performance and technical indicators, suggesting a more favourable outlook relative to its prior assessment.
Sector and Industry Context
Operating within the ferrous metals industry, Jindal Steel Ltd. has demonstrated resilience and growth amid sectoral fluctuations. Its outperformance relative to the broader Sensex and sector benchmarks highlights its competitive positioning and operational effectiveness. The stock’s ability to maintain gains over various time frames, including short-term rallies and long-term appreciation, speaks to the company’s strategic execution and market relevance.
Recent Price Momentum and Technical Indicators
The stock’s recent upward trajectory is supported by its performance over multiple periods. Over one week, Jindal Steel gained 4.95%, significantly outperforming the Sensex’s 1.43%. The one-month return of 9.96% contrasts with the Sensex’s negative 1.90%, while the three-month gain of 13.37% again surpasses the Sensex’s marginal 0.17% increase.
This consistent outperformance across short and medium-term intervals reinforces the stock’s strong technical momentum and investor confidence in its valuation.
Is Jindal Steel Ltd. your best bet? SwitchER suggests better alternatives across peers, market caps, and sectors. Discover stocks that could deliver more for your portfolio!
- - Better alternatives suggested
- - Cross-sector comparison
- - Portfolio optimization tool
Summary of Key Metrics
Jindal Steel Ltd.’s market capitalisation and quality grades reflect its stature as a leading player in the ferrous metals sector. The stock’s steady climb to an all-time high is supported by a combination of strong fundamentals, positive technical signals, and consistent outperformance against benchmark indices.
The company’s ability to sustain gains over multiple time frames, coupled with an improved Mojo Grade from ‘Sell’ to ‘Hold’, illustrates a positive shift in its market standing. While the stock remains close to its 52-week peak, the underlying data confirms a robust growth trajectory that has been maintained over the past decade.
Conclusion
Jindal Steel Ltd.’s achievement of an all-time high price marks a significant milestone in its market journey. The stock’s performance, supported by strong returns across short, medium, and long-term periods, highlights the company’s enduring strength within the ferrous metals sector. Its upgraded Mojo Grade and consistent technical momentum further reinforce the stock’s solid standing in the market.
As of 6 Feb 2026, Jindal Steel Ltd. stands as a testament to sustained growth and resilience, reflecting a well-executed strategy and favourable market dynamics.
Unlock special upgrade rates for a limited period. Start Saving Now →
