Jindal Steel Ltd. Stock Hits Record High of Rs.1231.45 on 19 Feb 2026

Historic Price Milestone Achieved

On 19 Feb 2026, Jindal Steel Ltd. (Stock ID: 338854), a key player in the Ferrous Metals industry, touched a fresh 52-week and all-time high of Rs.1231.45. This peak price represents a notable achievement for the company, underscoring its upward trajectory in the equity markets. The stock’s day change registered a positive 0.40%, outperforming the Sensex which declined marginally by 0.07% on the same day.

The stock has demonstrated resilience with a consecutive two-day gain, delivering a cumulative return of 1.57% over this short period. Despite trading within a relatively narrow intraday range of Rs.9.3, the share exhibited high volatility with an intraday weighted average price volatility of 15.15%, indicating active trading interest and dynamic price movements.

Technical Strength Evident Across Moving Averages

Jindal Steel’s price currently stands above all key moving averages – 5-day, 20-day, 50-day, 100-day, and 200-day – signalling a strong bullish trend. This technical positioning often reflects sustained buying pressure and positive market sentiment, which has contributed to the stock’s record-setting performance.

In comparison to its sector peers within Ferrous Metals, Jindal Steel outperformed by 0.28% on the day, reinforcing its relative strength in a competitive industry segment.

Long-Term Performance Outshines Benchmark

Jindal Steel Ltd.’s long-term returns have been remarkable when benchmarked against the Sensex. Over the past year, the stock has surged by 42.67%, significantly outpacing the Sensex’s 10.19% gain. Year-to-date, the stock has appreciated 16.45%, while the Sensex has declined by 1.81% in the same timeframe.

Extending the horizon, the stock’s three-year performance stands at an impressive 107.97%, nearly tripling the Sensex’s 37.17% return. Over five years, Jindal Steel has delivered a staggering 282.24% gain, compared to the Sensex’s 64.42%. The decade-long growth is even more pronounced, with the stock appreciating by 2043.23%, dwarfing the Sensex’s 252.92% increase.

Mojo Score and Rating Upgrade Reflect Improving Fundamentals

MarketsMOJO assigns Jindal Steel Ltd. a Mojo Score of 58.0, categorising it with a Hold grade. This represents an upgrade from its previous Sell rating, which was revised on 11 Nov 2025. The improvement in rating underscores a positive shift in the company’s market and financial metrics, aligning with its recent price appreciation and technical strength.

The company’s Market Cap Grade remains at 2, indicating a mid-tier market capitalisation relative to its peers in the Ferrous Metals sector.

Volatility and Trading Range Insights

Despite the stock’s upward momentum, it has experienced notable intraday volatility of 15.15%, reflecting active trading and price fluctuations. The narrow trading range of Rs.9.3 on the day suggests a consolidation phase within the broader uptrend, which may be indicative of market participants digesting recent gains.

Comparative Sector and Index Performance

Jindal Steel’s outperformance relative to the Sensex and its sector peers over multiple timeframes highlights its robust market positioning. The stock’s 1-month return of 16.22% contrasts sharply with the Sensex’s modest 0.51% gain, while its 3-month return of 14.71% stands in contrast to the Sensex’s 1.78% decline. These figures illustrate the company’s ability to generate superior returns amid varying market conditions.

Summary of Key Metrics and Market Standing

Jindal Steel Ltd.’s recent all-time high price of Rs.1231.45 is supported by strong technical indicators, consistent gains, and superior relative performance across multiple timeframes. The stock’s ability to maintain levels above all major moving averages further consolidates its bullish stance.

The upgrade in Mojo Grade from Sell to Hold, alongside a Mojo Score of 58.0, reflects improving fundamentals and market perception. While the Market Cap Grade of 2 places it in the mid-range category, the company’s performance metrics demonstrate its capacity to deliver substantial returns over the long term.

Overall, Jindal Steel Ltd.’s stock has carved a notable path of growth, culminating in this record-setting price milestone, which stands as a testament to its sustained market strength and investor confidence.

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