India Stocks / JINDALSTEL

Jindal Steel Limited

JINDALSTEL · Basic Materials

About Jindal Steel Limited (JINDALSTEL)

Jindal Steel Limited is a Steel company operating in the Basic Materials sector. The company is headquartered in New Delhi, India. JINDALSTEL has been publicly traded since 1999, giving it 27+ years of trading history.

Jindal Steel Limited (JINDALSTEL) has been publicly traded since 1999, making it a 27-year-old public company. It operates in the Steel industry within the Basic Materials sector. The company is headquartered in New Delhi, India and employs approximately 5,918 people. With a market capitalization of $1.2 trillion, JINDALSTEL is one of the largest publicly traded companies.

JINDALSTEL trades on the Indian stock exchanges (NSE/BSE) and is classified as a mega-cap-cap stock with a market capitalization of approximately $1.2 trillion. The company employs approximately 5,918 people worldwide.

Sector
Basic Materials
Industry
Steel
Headquarters
New Delhi, India
IPO Year
1999

Key Statistics

Current Price
₹1,143.30
Market Cap
₹1.16T
52-Week High
₹1,272.10
52-Week Low
₹770.00
Sector
Basic Materials
Industry
Steel

JINDALSTEL Investment Performance

JINDALSTEL has gained 8.5% year-to-date in 2026. Over the past 5 years, a $1,000 investment in JINDALSTEL would have grown to $3,743, representing a 274.3% total return. Since its IPO in 1999, a $1,000 investment would now be worth $535,321.

₹1,000 Invested in Jindal Steel Limited (JINDALSTEL)

1 Year
₹1,260
+26%
3 Years
₹1,936
+94%
5 Years
₹3,743
+274%
10 Years
₹12,308
+1131%
Since IPO
₹535,321
+53432%

How much would ₹1,000 invested in JINDALSTEL be worth today?

What would ₹1,000 invested in JINDALSTEL 1 year ago be worth today?

A ₹1,000 investment in Jindal Steel Limited (JINDALSTEL) in 2025 would be worth ₹1,260 as of May 2026, representing a +26.0% total return.

What would ₹1,000 invested in JINDALSTEL 3 years ago be worth today?

A ₹1,000 investment in Jindal Steel Limited (JINDALSTEL) in 2023 would be worth ₹1,936 as of May 2026, representing a +93.6% total return.

What would ₹1,000 invested in JINDALSTEL 5 years ago be worth today?

A ₹1,000 investment in Jindal Steel Limited (JINDALSTEL) in 2021 would be worth ₹3,743 as of May 2026, representing a +274.3% total return.

What would ₹1,000 invested in JINDALSTEL 10 years ago be worth today?

A ₹1,000 investment in Jindal Steel Limited (JINDALSTEL) in 2016 would be worth ₹12,308 as of May 2026, representing a +1130.8% total return.

What would ₹1,000 invested in JINDALSTEL at IPO be worth today?

A ₹1,000 investment in Jindal Steel Limited (JINDALSTEL) at IPO would be worth ₹535,321 as of May 2026, representing a +53432.1% total return.

Monthly Returns Heatmap

Avg Monthly Return
+3.33%
Positive Months
184
58% of 318
Negative Months
134
42% of 318
Data Period
26+ years
318 months
Best Performers
Best month ever: Oct 2007 (+129.0%)
Best month on avg: December (+9.3%)
Worst Performers
Worst month ever: Mar 2001 (-49.6%)
Worst month on avg: March (-2.3%)

Over the past 26+ years (318 months), Jindal Steel Limited (JINDALSTEL) has averaged a monthly return of +3.33% with a median return of +2.38%. The stock had 184 positive months (58%) and 134 negative months (42%). The best month in JINDALSTEL's history was October 2007 with a +129.0% return, while the worst was March 2001 at -49.6%. Historically, December tends to be the strongest month (averaging +9.3%), and March the weakest (-2.3%).

JINDALSTEL's longest winning streak was 13 consecutive months of gains, while its longest losing streak was 7 consecutive months of losses. The best full year was 2007 with a cumulative return of +249.2%, and the worst was 2008 at -90.0%.

Annual Returns

Over 27 years of trading history, Jindal Steel Limited (JINDALSTEL) has delivered an average annual return of +60.69% with a median return of +13.45%. The compound annual growth rate (CAGR) is +24.25%. The stock posted gains in 17 years (63%) and losses in 10 years (37%).

JINDALSTEL's best year was 2007 with a +580.70% gain, while the worst was 2008 at -70.34%. The longest streak of consecutive positive years was 8, and the longest losing streak was 6 years. JINDALSTEL achieved double-digit gains (10%+) in 14 years. It suffered double-digit losses in 9 years.

Avg Return
+60.69%
Best Year
2007 (+580.70%)
Worst Year
2008 (-70.34%)
Positive Years
17/27
Year Return Start End
2026 +8.49% ₹1,053.80 ₹1,143.30
2025 +13.45% ₹928.86 ₹1,053.80
2024 +24.67% ₹745.06 ₹928.86
2023 +29.25% ₹576.45 ₹745.06
2022 +54.96% ₹371.99 ₹576.45
2021 +41.58% ₹262.74 ₹371.99
2020 +58.88% ₹165.36 ₹262.74
2019 +1.70% ₹162.60 ₹165.36
2018 -19.58% ₹202.19 ₹162.60
2017 +196.32% ₹68.24 ₹202.19
2016 -28.10% ₹94.91 ₹68.24
2015 -36.62% ₹149.73 ₹94.91
2014 -41.53% ₹256.08 ₹149.73
2013 -41.33% ₹436.46 ₹256.08
2012 -1.17% ₹441.62 ₹436.46
2011 -36.18% ₹692.01 ₹441.62
2010 +1.42% ₹682.31 ₹692.01
2009 +363.83% ₹147.10 ₹682.31
2008 -70.34% ₹496.00 ₹147.10
2007 +580.70% ₹72.87 ₹496.00
2006 +44.72% ₹50.35 ₹72.87
2005 +78.46% ₹28.21 ₹50.35
2004 +48.34% ₹19.02 ₹28.21
2003 +269.52% ₹5.15 ₹19.02
2002 +131.32% ₹2.23 ₹5.15
2001 -10.52% ₹2.49 ₹2.23
2000 -23.51% ₹3.25 ₹2.49

JINDALSTEL Investment Analysis: Valuation, Risk & Dividends

Key factors to consider when evaluating Jindal Steel Limited as an investment

Valuation

JINDALSTEL currently trades at a trailing P/E ratio of 58.8, which is considered high relative to the broader market. The forward P/E of 15.8 suggests analysts expect earnings to be lower in the coming year. The price-to-book ratio stands at 2.3. The price-to-sales ratio is 2.3.

Dividends

Jindal Steel Limited pays a dividend to shareholders with a current yield of 0.17%. This translates to $2.00 per share annually. The payout ratio of 10% indicates sustainable dividend coverage.

Risk & Volatility

JINDALSTEL has a beta of 0.64, indicating it is less volatile than the overall market. The stock's 52-week range is $770.00 to $1272.10, and it currently trades in the upper half of its 52-week range.

Analyst Ratings

Based on 28 analyst opinions, JINDALSTEL has a consensus "buy" rating. The average price target of $1186.32 suggests 3.8% upside from current levels.

Frequently Asked Questions: JINDALSTEL

What sector is JINDALSTEL in?

JINDALSTEL operates in the Basic Materials sector, specifically in the Steel industry.

How has JINDALSTEL performed historically?

Over 27 years of trading history, JINDALSTEL has posted gains in 17 years (63% of the time). The best year was 2007 with a +580.7% return. Past performance does not guarantee future results.

How can I invest in JINDALSTEL?

You can invest in JINDALSTEL through any brokerage account that offers access to Indian exchanges. Popular options include commission-free brokers like Fidelity, Charles Schwab, or Robinhood (US), or international brokers like Interactive Brokers. You can buy individual shares or invest through ETFs that hold JINDALSTEL.

Does JINDALSTEL pay dividends?

Jindal Steel Limited pays a dividend to shareholders with a current yield of 0.17%. This translates to $2.00 per share annually. The payout ratio of 10% indicates sustainable dividend coverage.

What does Jindal Steel Limited do?

Jindal Steel Limited is a Steel company operating in the Basic Materials sector. The company is headquartered in New Delhi, India.

What sector is JINDALSTEL in?

JINDALSTEL operates in the Basic Materials sector, specifically in the Steel industry.

When did JINDALSTEL go public?

Jindal Steel Limited went public in 1999, making it a 27-year-old public company as of 2026.

How much would $1,000 invested in JINDALSTEL 5 years ago be worth today?

A $1,000 investment in JINDALSTEL five years ago would be worth approximately $3,743 today, representing a 274.3% return.

Does JINDALSTEL pay dividends?

Yes, Jindal Steel Limited pays a dividend with a current yield of 0.17%, which is $2.0 per share annually.

What is JINDALSTEL's market cap?

Jindal Steel Limited has a market capitalization of $1.2 trillion, classifying it as a mega-cap company.

What is JINDALSTEL's P/E ratio?

JINDALSTEL has a trailing P/E ratio of 58.8 and a forward P/E of 15.8, which measures how much investors are paying per dollar of earnings.

Is JINDALSTEL a buy, hold, or sell?

Based on 28 opinions, JINDALSTEL has a consensus "buy" rating. The average price target is $1186.32.

Last updated: 3/14/2026