Jindal Steel & Power Shows Strong Performance Amid Broader Market Trends

Jindal Steel & Power has shown significant activity today, gaining 3.89% on May 14, 2025. This performance has allowed the stock to outperform its sector, which has seen a gain of 2.15%. Over the past four days, Jindal Steel has consistently risen, accumulating a total return of 11.16%. The stock reached an intraday high of Rs 942.2, marking a 3.64% increase during the trading session.
In terms of moving averages, Jindal Steel is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong short to long-term performance trend.

Comparatively, the broader market, represented by the Sensex, opened higher at 81,278.49, gaining 130.27 points, but is currently trading at 81,170.98, reflecting a modest increase of 0.03%. Jindal Steel's performance over various time frames also highlights its resilience, with a 1-week return of 7.43% and a 1-month return of 16.76%, both significantly outpacing the Sensex. However, the stock has experienced a decline of 3.49% over the past year, contrasting with the Sensex's 11.03% gain.