Jindal Steel & Power Faces Continued Stock Decline Amid Broader Market Challenges

Feb 12 2025 10:15 AM IST
share
Share Via
Jindal Steel & Power has faced a significant decline in stock performance, losing 3.11% today and marking three consecutive days of losses totaling 4.01%. The stock is trading below multiple moving averages and has dropped 12.03% over the past month, underperforming compared to the broader market.
Jindal Steel & Power, a prominent player in the steel, sponge iron, and pig iron industry, has experienced a notable decline in its stock performance today, losing 3.11%. This downturn marks a continuation of a downward trend, as the stock has now fallen for three consecutive days, accumulating a total loss of 4.01% during this period.

In terms of market positioning, Jindal Steel & Power's performance today underperformed the broader sector by 1.1%. The stock reached an intraday low of Rs 808.95, reflecting a decrease of 2.62% at its lowest point. Additionally, the stock is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a sustained period of underperformance.

Over the past month, Jindal Steel & Power has seen a significant decline of 12.03%, contrasting sharply with the Sensex, which has only decreased by 2.40%. These metrics highlight the challenges faced by the company in the current market environment.
{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News