JINDALSTEL
Jindal Steel & Power Limited
Each stock's 10,000-path forecast, rendered as light.
Jindal Steel & Power Limited (JINDALSTEL) Stock Analysis & Case Study
Is JINDALSTEL a good buy? The data-driven verdict.
Jindal Steel & Power Limited (JINDALSTEL) trades at ₹1,103,on the numbers it mixed signals, a Downstox Snapshot Score of 47/100.
On the numbers, Jindal Steel & Power Limited (JINDALSTEL) mixed signals, a Downstox Snapshot Score of 47/100, weighing premium at 36.4× earnings, ROE of 8.2%, a 62% model probability of trading higher in a year. Below: the full bull case, bear case, sector-relative valuation, and a probability-weighted price target for 2027-2031.
Last updated . Data snapshot for research, not investment advice.
JINDALSTEL fundamentals at a glance, PE, PB, ROE, ROCE, market cap, dividend yield
How JINDALSTEL ranks against the 2,373 companies in our screener
- JINDALSTEL's market cap of 1.13L Cr ranks in the top 4% of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- JINDALSTEL's book value of ₹499 ranks in the 90th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- JINDALSTEL's promoter holding of 62.7% ranks in the 57th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- JINDALSTEL's 3-year profit (PAT) growth of 1.0% ranks in the 30th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- JINDALSTEL's debt-to-equity ratio of 0.44x is lower than 40% of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
We do not hold a 3-year revenue growth figure for JINDALSTEL, as of 9 Aug 2026, so it is not ranked here.
Is JINDALSTEL overvalued? JINDALSTEL P/E vs its Metals
JINDALSTEL's P/E of 36.4× sits above the Metals peer median of 15.1×, so on earnings it screens richer than peers, while its 0.18% dividend yield is below the peer median of 0.91%.
JINDALSTEL share price target 2027, 2028, 2029, 2030, 2031, a probability view
Unlike a single guessed number, this is a probability-weighted range from a 10,000-path Monte-Carlo simulation on 9.8y of JINDALSTEL history (26%/yr drift, 29%/yr volatility).
| Year | Low (P10) | Median target (P50) | High (P90) | Upside vs today |
|---|---|---|---|---|
| JINDALSTEL 2027 | ₹829 | ₹1,204 | ₹1,747 | +9% |
| JINDALSTEL 2028 | ₹779 | ₹1,314 | ₹2,215 | +19% |
| JINDALSTEL 2029 | ₹750 | ₹1,434 | ₹2,742 | +30% |
| JINDALSTEL 2030 | ₹744 | ₹1,565 | ₹3,290 | +42% |
| JINDALSTEL 2031 | ₹733 | ₹1,707 | ₹3,976 | +55% |
Median (P50) is the central estimate; the P10-P90 band is the 80% confidence range. Probabilities, not promises.
What is the probability JINDALSTEL goes up, or doubles?
The bull case for JINDALSTEL
- A 10,000-path probability model puts a 62% chance the price is higher in a year, with a median target of ₹1,204 (+9%).
- Upside scenario: the model's optimistic (P90) 3-year path reaches ₹2,742.
The bear case & risks
- JINDALSTEL's P/E of 36.4x is lower than 37% of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- JINDALSTEL's return on equity of 8.2% ranks in the 41st percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- Downside scenario: the model's pessimistic (P10) 3-year path falls to ₹750.
JINDALSTEL volatility & expected range, how bumpy is the ride?
Over the last 9.8 years JINDALSTEL compounded at 26%/year with annualized volatility of 29%. That volatility implies a 1-year 80% range of ₹829-₹1,747, the honest backbone behind any single price target.
JINDALSTEL price forecast, the full 60-month probability fan
JINDALSTEL price probability fan
Each band shows where 10,000 simulated paths land. The wider the fan, the more uncertainty.
Probability of key outcomes
What are the odds JINDALSTEL hits common targets within the simulated horizon?
Full multi-horizon detail on the JINDALSTEL price target & forecast page.
JINDALSTEL Piotroski F-Score: 5/8, how financially strong is it?
The Piotroski F-Score grades financial strength on profitability, leverage and efficiency checks. Downstox scores the eight checks it can verify from published filings, so 8 is full marks. JINDALSTEL scores 5/8, mixed financial health.
JINDALSTEL MTF margin & leverage across 10 brokers
Margin Trading Facility lets you buy JINDALSTEL with part of the capital. Lower margin % = higher leverage. Rates compared across 10 brokers (no competitor publishes this):
| Broker | Margin required | Approx. leverage |
|---|---|---|
| Upstox | 25.69% | 3.9× |
| Zerodha | 24.90% | 4.0× |
| Groww | 24.92% | 4.0× |
| Dhan | 23.00% | 4.3× |
| Kotak NeoCHEAPEST | 22.17% | 4.5× |
| Paytm Money | 22.32% | 4.5× |
| Pocketful | 29.41% | 3.4× |
| Anand Rathi | 29.16% | 3.4× |
| Bajaj Broking | 24.00% | 4.2× |
| Share India | 29.24% | 3.4× |
Compare every broker on the JINDALSTEL MTF page.
JINDALSTEL vs peers,Metals comparison
| Stock | P/E | Div yield | Market cap |
|---|---|---|---|
| JINDALSTEL (this stock) | 36.4× | 0.18% | ₹1.13L Cr |
| TATASTEEL | 19.8× | 2.13% | ₹2.34L Cr |
| VEDL | 9.9× | 12.20% | ₹1.09L Cr |
| HINDALCO | 11.4× | 0.47% | ₹2.38L Cr |
| JSWSTEEL | 26.4× | 0.55% | ₹3.18L Cr |
| SAIL | 15.1× | 0.91% | ₹72,937 Cr |
| NATIONALUM | 10.4× | 3.02% | ₹69,976 Cr |
Fundamentals from Screener.in, as of 9 Aug 2026
About Jindal Steel & Power Limited: sector, index & market-cap context
Jindal Steel & Power Limited (JINDALSTEL) is a large-cap NSE-listed company in the Metals sector, and a constituent of the Nifty 500 index, with a market capitalisation of ₹1.13L Cr. See more stocks on our screener.
How the JINDALSTEL Snapshot Score & forecast are built
The Downstox Snapshot Score is a transparent, rules-based read of Jindal Steel & Power Limited's public fundamentals plus a statistical forecast, not an analyst opinion. It rewards low-to-fair valuation, high ROE/ROCE, a strong Piotroski F-Score, a dividend, low volatility and a favourable probability of upside; it penalises rich valuations, weak capital efficiency, a low F-Score and high volatility. The price target is a 10,000-path Monte-Carlo simulation on real historical volatility, a distribution, not a single guess. The bull and bear cases are generated from the same data, so you always see both sides.
This is information, not investment advice. Do your own due diligence and consult a SEBI-registered adviser before investing.
JINDALSTEL analysis, FAQs
Is Jindal Steel & Power Limited (JINDALSTEL) a good buy?
On the numbers, Jindal Steel & Power Limited (JINDALSTEL) mixed signals, a Downstox Snapshot Score of 47/100, weighing premium at 36.4× earnings, ROE of 8.2%, a 62% model probability of trading higher in a year. This is a data snapshot for research, not investment advice.
Is JINDALSTEL overvalued or undervalued?
JINDALSTEL trades at 36.4× earnings versus a peer median of 15.1×, so it screens richer than its Metals peers.
What is the JINDALSTEL share price target for 2031?
JINDALSTEL's probability-weighted 2031 median target is ₹1,707, with an 80% range of ₹733-₹3,976 (10,000-path Monte-Carlo).
What is the probability JINDALSTEL doubles in 5 years?
The modelled probability of JINDALSTEL reaching ₹2,206 (2×) within 5 years is 34%.
What is the bull case for JINDALSTEL?
A 10,000-path probability model puts a 62% chance the price is higher in a year, with a median target of ₹1,204 (+9%).
What are the risks in JINDALSTEL?
JINDALSTEL's P/E of 36.4x is lower than 37% of the 2,373 NSE companies in our screener, as of 9 Aug 2026. JINDALSTEL's return on equity of 8.2% ranks in the 41st percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.