Compliance updated on Jun 19, 2026 Screened by AAOIFI-Certified Shariah Advisor & Auditor

Financial data updated nightly

Jindal Steel Ltd

JINDALSTEL.NS ✓ COMPLIANT ☆ Track — members

NSE India · Basic Materials · Iron & Steel ·

India Large Cap Analyst: BUY

Last Close

$11.44

▼ -0.76%

Market Cap $11.64B · Vol 493.68K

Key Metrics

P/E Ratio

41.06

FWD: 15.67

Market Cap

$11.64B

Large Cap

Div Yield

0.18%

Annual dividend

EPS Growth

+38.23%

YoY

RSI (14)

56.60

Momentum

Beta

1.18

vs Market

52W High

$13.69

18.21% below

52W Low

$9.88

8.26% above

Volume

493.68K

Avg 1.06M

P/B

2.23

Price-to-book

ROE

8.49%

Return on equity

Free Float

36.13%

Public shares

Shariah Compliance8 STANDARDS

✓ Yes, Jindal Steel Ltd (JINDALSTEL.NS) stock is Shariah compliant

AAOIFI—
Dow Jones Islamic (DJIM)—
FTSE Shariah—
MSCI Islamic—
S&P Shariah—
Al Rajhi—
Alinma—
Albilad—

Unlock the full Shariah report

See the verdict under each standard, the exact screening ratios, purification and zakat per share. AAOIFI-certified methodology trusted by global Islamic funds.

Which standards does JINDALSTEL.NS pass?

The full report shows the verdict under each of the 8 major Shariah standards, with the business-activity and financial-ratio screens behind every one.

Do I need to purify my investment?

Members see the purification amount per share, updated every financial period under the AAOIFI methodology.

Can I calculate zakat for my shares?

Members get zakat per share and a built-in calculator for their exact holding.

Historical Returns

-1.04%

+4.94%

-12.88%

-7.87%

YTD

+3.58%

+11.90%

+43.63%

+157.28%

Financials & Valuation

TTM · Annual

Total Revenue	$5.70B
Net Income	$361.24M
Revenue Growth (YoY)	+25.93%
Gross Margin	23.88%
Operating Margin	11.22%
Net Profit Margin	6.31%
ROE	8.49%
ROA · ROIC	4.82% · 6.51%

P/E Ratio	41.06
Forward P/E (FY1)	15.67
PEG Ratio	1.71
P/S	2.13
P/B	2.23
P/FCF	N/A
EPS Growth	+38.23%
Outstanding Shares	1.02B

Technical Indicators

50-Day SMA	$11.36
200-Day SMA	$11.75
RSI (14)	56.60
Beta	1.18
52-Week High	$13.69
52-Week Low	$9.88

Volume Today	493.68K
Avg Daily Volume (30D)	1.06M
Relative Volume	0.47x
Volatility (10D)	22.58
Volatility (30D)	22.89
Free Float	36.13%

Analyst Consensus

BUY

Current Price $11.44

Mean Target $12.66

52W Low$9.88 52W High$13.69

Current

Target

$9.88 $13.69

Current Analyst target

+10.72% upside potential · 33 analysts

Identifiers

ExchangeNSE India

FIGIBBG001SDSHS0

ISININE749A01030

CountryIndia

Sub-IndustryIron, Steel Mills & Foundries

Earnings DateOct 20, 2026

TypeStocks

Instrument TypeFULLPAID Fully Paid Ordinary

Similar Halal Stocks

600019.SS Baoshan Iron & Steel Co Ltd +1.41% TX Ternium SA -0.87% BSL.AX BlueScope Steel Ltd -0.50% BHARATFORG.NS Bharat Forge Ltd -1.10% JSL.NS Jindal Stainless Ltd +0.33%

Company Profile

Jindal Steel Limited is an India-based integrated steel producer. The Company produces high-quality steel products. Its integrated operations empower it to deliver high-quality steel products, tailored to the requirements of critical applications across sectors. The Company is engaged in the steel, mining, and infrastructure sectors. Its long products include TMT rebars (Jindal Panther), Cut & bend rebars, Wire rods, Round bars, Structural sections, and Rails. Its flat products include Hot rolled coils (HSM), Cold rolled coils (CRM), Plates & coils, Rockhard plates, Sheet piles and Speedfloor system. Its semi-finished and special profile products include Cathode bars, Fabricated sections, and Track shoes. HSM enables the production of hot-rolled coils used in infrastructure, general fabrication, pipelines and construction equipment. Its manufacturing facilities are strategically located in Raigarh and Raipur (Chhattisgarh), Angul and Barbil (Odisha) and Patratu (Jharkhand).