Jindal Steel Share Price, Stock Analysis & Company Profile

Jindal Steel Limited (formerly known as Jindal Steel & Power Limited) is a dominant industrial powerhouse with a significant presence in the steel, mining, and infrastructure sectors. As a part of the diversified O.P. Jindal Group, the company has established itself as a low-cost producer of high-grade steel and remains a key leader in the Indian Steel Sector.

This page provides a complete set of tools for investors to monitor the Jindal Steel share price, perform a detailed Jindal Steel stock analysis, and understand the company's growth trajectory as a dedicated, future-forward steel enterprise.

About Jindal Steel Limited

Founded by the late Shri O.P. Jindal and currently led by Chairman Naveen Jindal, the company has officially transitioned its identity to Jindal Steel to reflect its sharpened focus on core steel manufacturing. With a strategic global footprint, the company operates massive integrated facilities in Odisha, Chhattisgarh, and Jharkhand.

Jindal Steel is recognised for pioneering the Coal Gasification technology in India and is a leading manufacturer of specialized rail and structural steel. The company’s philosophy of self-reliance through backward integration, owning its coal and iron ore resources, makes it one of the most cost-efficient players in the global market.

Jindal Steel Business Model

The company operates an integrated and diversified business model that spans the entire value chain of the Steel Sector. Its core operations include:

• Steel Manufacturing: Producing a wide range of products including TMT bars, parallel flange beams, columns, angles, channels, and wire rods.
   

• Rail Infrastructure: JSPL is the first private company in India to produce 121-metre long rails and specialty head-hardened rails for high-speed and metro projects.

• Mining Operations: Secure access to iron ore and coal mines in India and abroad (Africa and Australia) ensures a steady supply of raw materials and shields the company from global price volatility.

• Specialized Fabrication: Through its construction solutions business, the company provides ready-to-use steel products like "Speedfloor" and fabricated sections.

• Sustainability: A strong focus on "Green Steel" through renewable energy collaborations and carbon footprint reduction initiatives.

Jindal Steel IPO and Listing Details

Jindal Steel is a blue-chip constituent of the Indian capital markets, reflecting decades of industrial growth and shareholder trust.

• Listing Year: The company has been listed on the BSE and NSE for several decades
• IPO Price: Originally issued at a par value of Rs 10 per share
• Name Change: Effectively renamed from Jindal Steel & Power Limited to Jindal Steel Limited in July 2025
• Face Value: Rs 1 per share (Post-split)
• ISIN: INE749A01030
• NSE Symbol: JINDALSTEL
• BSE Scrip Code: 532286

Jindal Steel Corporate Action History

The company has a history of rewarding its shareholders through strategic corporate actions that improve liquidity and distribute wealth.

Bonus Share History Jindal Steel has issued bonus shares to capitalise its reserves and reward its long-term investor base.

• 2009: 5:1 Bonus Issue (5 bonus shares for every 1 share held).
• Ex-Date: 18 September 2009.

Stock Split History

The company has split its stock twice to ensure the shares remain affordable for retail investors.

• 2008: Stock split from a Face Value of Rs 10 to Rs 5.

• 2009: Stock split from a Face Value of Rs 5 to Rs 1.

• Ex-Date: 22 September 2009.

Dividend History

Jindal Steel follows a balanced approach to dividends, ensuring shareholders receive a portion of profits while retaining enough capital for debt reduction and capacity expansion.

• FY 2023-24: Declared an interim dividend of Rs 2.00 per share.

• FY 2022-23: Declared a final dividend of Rs 2.00 per share.

• Note: The company generally announces dividends once or twice a year following the board's review of financial performance.

Investor Resources Available on This Page

Retail investors can find the following analysis tools in the respective tables on this page to conduct a professional Jindal Steel stock analysis:

• Price Chart: Track the historical movements and long-term trends of the Jindal Steel share price. (data delayed by 15 minutes)

• Company Ratios: Review critical metrics such as P/E ratio, Price-to-Book, Debt-to-Equity, and ROCE.
   

• Quarterly Results: Monitor growth in revenue and EBITDA across the steel and mining segments.

• Balance Sheet: Analyze the company’s capital structure and its significant progress in deleveraging.

• Cash Flow Statement: Evaluate how effectively the company converts its profits into actual cash.

• Shareholding & Promoters: Track the stake held by the Naveen Jindal family and institutional investors.
   

• Pros & Cons: A simplified summary of the company’s competitive advantages versus industry-specific risks.

• Annual Reports: Download official company filings for detailed management commentary and future outlook.

Frequently Asked Questions (FAQs)

Q1. What is the latest Jindal Steel share price?

The current share price is displayed at the top of this page. Please note that all price data and charts are provided with a 15-minute delay from the exchanges.

Q2. Why did the company name change to Jindal Steel Limited?

The name change (from Jindal Steel & Power) was implemented in 2025 to reflect the company’s strategic focus on its core steel business and its future as a dedicated steel enterprise.

Q3. Who are the promoters of Jindal Steel?

The company is primarily promoted by the Naveen Jindal family and their associated group entities.

Q4. When was the last stock split for Jindal Steel?

The most recent stock split occurred in September 2009, when the face value was reduced to Rs 1 per share.

Q5. Does Jindal Steel pay regular dividends?

Yes, the company has a track record of paying annual dividends. Recent payouts have consistently been around Rs 2.00 per share.

Q6. Where can I find the quarterly results for Jindal Steel?

Detailed quarterly financial performances, including net sales and profit margins, are available in the "Quarterly Results" table on this page.

Q7. How can I download the latest Jindal Steel Annual Report?

You can access the latest and previous years' Annual Reports directly from the "Reports" or "Documents" section table provided on this page.