Historic Price Milestone and Intraday Dynamics
On 17 Feb 2026, Jindal Steel Ltd. (Stock ID: 338854) achieved a new 52-week and all-time high price of Rs.1214.95. Despite a slight dip of 0.48% on the day, the stock demonstrated notable volatility with an intraday volatility of 26.81%, calculated from the weighted average price. The trading range remained relatively narrow at Rs.11.8, indicating a concentrated price movement around this historic peak.
The stock’s performance today slightly underperformed its sector by 0.49%, and marginally lagged behind the Sensex, which declined by 0.27%. Nevertheless, Jindal Steel’s ability to sustain levels above all key moving averages — including the 5-day, 20-day, 50-day, 100-day, and 200-day averages — underscores a strong technical foundation supporting this record price.
Long-Term Performance Outshines Benchmarks
Jindal Steel’s price trajectory over the past decade has been remarkable. The stock has surged by an extraordinary 2012.62% over ten years, vastly outperforming the Sensex’s 255.19% gain during the same period. This long-term appreciation highlights the company’s consistent growth and resilience in the ferrous metals industry.
More recent performance metrics further reinforce this trend. Over five years, the stock has appreciated by 270.79%, compared to the Sensex’s 60.63%. The three-year gain of 104.28% also significantly exceeds the Sensex’s 36.14% rise. Even on a year-to-date basis, Jindal Steel has advanced 14.39%, while the Sensex has declined by 2.55%.
Shorter-term returns remain robust as well, with a 1-year gain of 43.65% versus the Sensex’s 9.28%, a 3-month increase of 11.59% compared to the Sensex’s -2.24%, and a 1-month rise of 15.59% against the Sensex’s -0.62%. The 1-week performance shows a modest 1.17% gain, outperforming the Sensex’s 1.45% decline.
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Mojo Score and Market Capitalisation Insights
Jindal Steel currently holds a Mojo Score of 58.0, 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 overall quality and market perception. The Market Cap Grade stands at 2, suggesting a mid-tier market capitalisation relative to its peers in the ferrous metals sector.
The stock’s recent upgrade in Mojo Grade from Sell to Hold signals enhanced fundamentals and a more favourable outlook based on MarketsMOJO’s comprehensive analysis framework. This rating change aligns with the stock’s strong price momentum and sustained outperformance against broader market indices.
Sector and Industry Context
Operating within the ferrous metals industry and sector, Jindal Steel’s performance is particularly noteworthy given the sector’s cyclical nature and sensitivity to global commodity prices. The stock’s ability to outperform the Sensex and its sector peers over multiple time horizons highlights its competitive positioning and operational strength.
While the stock experienced a minor underperformance relative to the sector on the day of the record high, its longer-term gains and technical indicators suggest a solid foundation underpinning its valuation.
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Technical Indicators and Volatility Analysis
Jindal Steel’s trading above all major moving averages confirms a bullish technical stance. The 5-day, 20-day, 50-day, 100-day, and 200-day moving averages all lie below the current price level of Rs.1214.95, signalling sustained upward momentum.
However, the stock’s intraday volatility of 26.81% is relatively high, reflecting active trading and price fluctuations within the session. This elevated volatility may be attributed to profit booking near the peak or market participants adjusting positions following the new high.
The narrow trading range of Rs.11.8 on the day of the record price suggests consolidation around this level, which could serve as a base for future price stability.
Summary of Performance Metrics
Jindal Steel’s performance metrics paint a picture of a stock that has consistently outperformed the broader market and its sector peers. Its 10-year return of over 2000% is exceptional, and the steady gains across shorter time frames reinforce its status as a leading player in the ferrous metals industry.
The recent upgrade in Mojo Grade and the stock’s ability to maintain levels above key moving averages further validate its strong market position.
Conclusion
Jindal Steel Ltd.’s achievement of an all-time high price of Rs.1214.95 marks a significant milestone in its market journey. Supported by robust long-term returns, improved quality ratings, and strong technical indicators, the stock’s performance reflects the company’s solid fundamentals and resilience within the ferrous metals sector.
While the day’s slight decline and high volatility indicate active market dynamics, the overall trajectory remains positive, underscoring the stock’s capacity to sustain its elevated valuation levels.
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