Jindal Steel & Power Faces Short-Term Challenges Amid Long-Term Growth Resilience
Jindal Steel & Power's stock has recently declined, underperforming the broader market and sector averages. It is trading below key moving averages, indicating a bearish trend. Despite year-to-date challenges, the company has shown strong long-term growth, significantly outperforming the Sensex over three, five, and ten years.
Jindal Steel & Power has experienced a notable decline of 3.66% on May 8, 2025, underperforming the broader market. The stock's performance today is particularly striking as it fell 1.7% more than the sector average. During the trading session, Jindal Steel touched an intraday low of Rs 852.3, reflecting a decrease of 3.05%.In terms of moving averages, Jindal Steel is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend in the short to medium term. Over the past week, the stock has declined by 5.11%, contrasting with the Sensex's modest drop of 0.25%.
Looking at longer-term performance, Jindal Steel has faced challenges, with a year-to-date decline of 8.99% compared to the Sensex's gain of 2.44%. However, the company has shown resilience over a three-year period, boasting a 68.17% increase, significantly outperforming the Sensex's 45.97% rise. Over five and ten years, Jindal Steel's performance remains robust, with increases of 850.08% and 531.62%, respectively.
{{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}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
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
