JINDALSTEL · Materials · 2026-08-21

Jindal Steel Ltd

Stage 4 · wk 4In scan: Breakout WatchMARKET: BULL RISING · 2026-08-21
₹1,127.8
+0.80% today
₹1,14,752 Cr · Large cap
About this companyMaterials· Iron & Steel
Expand ▾

Jindal Steel Limited operates in the steel, mining, and infrastructure sectors in India and internationally. It offers rails; medium and heavy hot-rolled parallel flange beams and column sections; plates and coils; angles and channels; cold heading quality, electrode quality, and high carbon wire rods; round bars; fabricated sections; Jindal Speedfloor concrete flooring solutions; Jindal Panther TMT rebars; semi-finished products, including slabs, billets, blooms, beam blank, and rounds; and Jindal Panther cement comprising Portland slag cement, Portland composite cement, and ground-granulated blast-furnace slag, as well as rockhard plates, cathode bards, and track shoes. The company also operates and maintains a total captive power plant capacity of 1,634 megawatts. In addition, it operates coal and iron ore mines located at various locations in India, Australia, and Africa. The company was formerly known as Jindal Steel & Power Limited and changed its name to Jindal Steel Limited in July 2025. Jindal Steel Limited was incorporated in 1979 and is based in New Delhi, India.

Visit company website →
P/E (TTM)
36.8
Forward 12.7
ROE
+6.8%
Profit margin +6.3%
Dividend Yield
0.16%
P/B 2.5
vs 52W High
-12.5%
₹945.8 lo₹1,288.8 hi
12.5% below 52W high — failed near resistance
In Stage 4, distance from the 52W high reflects ongoing decline — not a discount. Avoid catching falling knives.
Stage Maturity
Week 4
1w13w26w
Week 4 — early Stage 4 decline
How long this stock has been in Stage 4 decline. The longer the downtrend, the more entrenched the selling pressure — there's no 'bottom' time to buy.
vs 200 DMA
0.5%
200 DMA: ₹1,122.5 · rising
In Stage 4, the stock is below its 200 DMA — the hallmark of a downtrend. No long positions warranted until this reverses structurally.
Rel Volume
0.82x
vs 50-day avg
High volume on down days in Stage 4 confirms institutional selling. Low volume bounces are typical — they lack real buyers and should not be mistaken for reversals.
Trend Health
↑ ⇈
Accelerating · MA20 +3.5% vs MA50 -3.5% / 10d
Two-layer momentum read: the glyph shows whether the 20-day MA is rising (↑/↗), flat (→), or rolling over (↓). The ⇈ flag fires when the 20-day MA is pulling away from the 50-day MA — short-term momentum building on top of the longer trend. Best when both glyphs agree.
Sector
Materials
↑ Building
Stage 2%
39.3%
20d Δ
+8.0pp
1M return
+2.7%
3M return
+1.4%
Sector Stage-2 % · last 20 days
Sector has 158 Stage 2 leaders. See Materials Stage 2 →
Industry
Iron & Steel
↓ Peaking
Stage 2%
39.4%
20d Δ
-2.0pp
1M return
+3.8%
3M return
+2.0%
Industry Stage-2 % · last 20 days
Industry has 28 Stage 2 leaders. See Iron & Steel Stage 2 →
Price + Volume Chart
Loading price chart…
Stage Cycle Timeline2023-05-29 → 2026-08-21
S2 18w
S2 33w
S4 20w
S2 25w
S2 20w
2023-05-292026-08-21
S1S2S3S4Setup score (0–10, dashed line at 5)
S3 5w → S2 18w → S3 7w → S2 33w → S3 9w → S2 5w → S3 4w → S4 20w → S1 9w → S2 25w → S3 8w → S2 20w → S3 4w → S4 4w current
Total tracked: 167 weeks across 14 stage runs.
1M
+8.2%
3M
-6.8%
6M
-6.9%
YTD
+13.9%
1Y
+13.4%
Scan Membership
Breakout Watch
Latest: 2026-02-06
3 appearances in last 60 days. First seen: 2024-10-08.
Stocks that stay in the scan for 13+ weeks are in the highest observed-return cohort — they keep qualifying because the structure remains intact, not by luck. Persistence in the scan is itself a quality signal.
Recent Stage Timeline
2026-08-21S4
Wk 4 · Vol —x
2026-08-20S4
Wk 4 · Vol —x
2026-08-19S4
Wk 4 · Vol —x
2026-08-18S4
Wk 4 · Vol —x
2026-08-17S4
Wk 3 · Vol —x
2026-08-14S4
Wk 3 · Vol —x
2026-08-13S4
Wk 3 · Vol —x
2026-08-12S4
Wk 3 · Vol —x
2026-08-11S4
Wk 3 · Vol —x
2026-08-10S4
Wk 2 · Vol —x
2026-08-07S4
Wk 2 · Vol —x
2026-08-06S4
Wk 2 · Vol —x
Sector Peers — Stage 2All →
COMSYN
wk 10 · -1.2% from hi
9.6
GULFPETRO
wk 9 · -0.5% from hi
9.6
MMP
wk 11 · -1.1% from hi
9.4
SIGIND
wk 2 · -1.4% from hi
9.2
SBCL
wk 15 · -10.1% from hi
9.0
Moving averages & range
50 DMA
₹1,081.6
200 DMA
₹1,122.5
52W High
₹1,288.8
52W Low
₹945.8
5D Low
₹1,101.5
Resistance levels (recent highs)
20d High
₹1,127.8
60d High
₹1,211.3
120d High
₹1,288.8
250d High
₹1,288.8
Next resistance
+7.4%
to 60d High

All analytics based on EOD data. Data as of 2026-08-21. Past data patterns are not indicative of future results. This page is a data analytics tool only.