JSL · Materials · 2026-08-21

Jindal Stainless Ltd

Stage 1 · wk 1In scan: Breakout WatchMARKET: BULL RISING · 2026-08-21
₹701.4
-2.37% today
₹57,788 Cr · Large cap
About this companyMaterials· Iron & Steel
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Jindal Stainless Limited manufactures and sells stainless-steel flat products in India and internationally. The company provides ferro alloys, stainless steel slabs and blooms, hot rolled coils, plates and sheets, and cold rolled coils and sheets, as well as razor-blade steel, precision strips, and long products. It serves automobile, railway and transport, process and engineering, consumer durables, and architecture building construction sectors. Jindal Stainless Limited was founded in 1970 and is based in New Delhi, India.

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P/E (TTM)
18.7
Forward 14.0
Earnings Growth (YoY)
+42.5%
Revenue +11.2%
ROE
+17.4%
Profit margin +7.4%
Dividend Yield
0.41%
P/B 13.2
vs 52W High
-18.9%
₹661.9 lo₹864.6 hi
18.9% below 52W high — deeper pullback
Stock is basing below old highs. A volume-backed breakout to new highs would be the Stage 2 signal to watch.
Stage Maturity
Week 1
1w13w26w
Week 1 — early base, needs time
How long this stock has been basing. Longer bases can produce stronger breakouts — but don't anticipate, wait for the breakout.
vs 200 DMA
-6.5%
200 DMA: ₹750 · sloping down
Stock is testing its 200 DMA as part of the base. Reclaiming and holding above it is a key Stage 2 prerequisite.
Rel Volume
0.64x
vs 50-day avg
Volume in Stage 1 basing is typically quiet. A surge in volume on an upside breakout is the signal to watch.
Trend Health
→
MA20 flat · +0.0% vs MA50 +1.2%
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
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Stage Cycle Timeline2023-05-29 → 2026-08-21
S2 63w
S4 25w
S2 20w
S4 17w
2023-05-292026-08-21
S1S2S3S4Setup score (0–10, dashed line at 5)
S2 1w → S3 1w → S2 63w → S3 8w → S2 3w → S3 3w → S4 25w → S1 6w → S2 20w → S3 5w → S2 10w → S3 5w → S4 17w → S1 1w current
Total tracked: 168 weeks across 14 stage runs.
1M
-4.7%
3M
-4.8%
6M
-7.3%
YTD
-11.7%
1Y
-2.5%
Scan Membership
Breakout Watch
Latest: 2025-12-30
3 appearances in last 60 days. First seen: 2024-10-17.
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
2026-08-21S1
Wk 1 · Vol —x
2026-08-20S1
Wk 1 · Vol —x
2026-08-19S1
Wk 1 · Vol —x
2026-08-18S1
Wk 1 · Vol —x
2026-08-17S14→1
Wk 1 · Vol —x
2026-08-14S4
Wk 17 · Vol —x
2026-08-13S4
Wk 17 · Vol —x
2026-08-12S4
Wk 17 · Vol —x
2026-08-11S4
Wk 16 · Vol —x
2026-08-10S4
Wk 16 · Vol —x
2026-08-07S4
Wk 16 · Vol —x
2026-08-06S4
Wk 16 · 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
₹717.9
200 DMA
₹750
52W High
₹864.6
52W Low
₹661.9
5D Low
₹701.4
Resistance levels (recent highs)
20d High
₹744.5
60d High
₹744.5
120d High
₹809.2
250d High
₹864.6
Next resistance
+6.2%
to 20d 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.