Should I buy Jindal Steel stock in 2025?

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At HelloSafe, our expert has been tracking the performance of the Jindal Steel share for over three years. Every month, lakhs of users in India trust us to analyse market trends and identify the best investment opportunities. Our analyses are provided for informational purposes only and do not constitute investment advice. In accordance with our ethical charter, we have never been, and will never be, compensated by Jindal Steel.

Jindal Steel

The Price of Jindal Steel Stock

The price of Jindal Steel stock is rising this week. Jindal Steel is currently trading at ₹953.00, showing a modest 24-hour decline of -0.37% and a strong weekly gain of 1.45%. The company’s market capitalization stands at ₹97,265 crores, with an average 3-month volume of approximately 1.64 million shares. It features a P/E ratio of 34.57, a dividend yield of 0.21%, and a stock beta of 1.20, reflecting moderate historical volatility. Investors may want to monitor the stock’s momentum as the broader infrastructure sector in India continues to expand.

Our full analysis of the Jindal Steel stock

Having reviewed Jindal Steel’s latest financial results and stock performance over the past three years, we have synthesized insights from proprietary algorithms combining financial indicators, technical signals, market data, and competitive dynamics. The multi-factor approach offers a 360-degree perspective on value and opportunity. So, why might Jindal Steel stock once again become a strategic entry point into the Indian metals and infrastructure sector in 2025?

Recent performance and market context

Jindal Steel has shown renewed momentum in 2025, with its share price currently at ₹953.00 as of July 4, reflecting a notable gain of 1.45% over the last week and a robust 12.10% appreciation over the past six months. While the stock has experienced a mild 9.71% decline over the last twelve months, this weakness appears to have set a new base for future appreciation as broader market sentiment has recently turned more constructive. Notably, the company’s market capitalization remains strong at ₹97,265 crores, underscoring its status as a key mid-cap anchor within the Indian steel segment.

Several positive events have bolstered investor confidence. Jindal Steel has successfully commissioned a new galvanization line at its flagship Angul facility, driving product diversification and improved value addition. The awarding of a 50-year mining lease for the Roida-I iron ore and manganese block in Odisha secures long-term raw material supplies, a decisive competitive edge as global resource prices remain volatile. Meanwhile, India's infrastructure drive—supported by record government spending on railways, ports, and renewable energy—continues to underpin robust domestic steel demand, setting a highly favorable macroeconomic backdrop for integrated leaders such as Jindal Steel.

Technical analysis

Technically, Jindal Steel’s price action displays resilience and emerging strength. The stock is trading above its 20-day (₹933.87), 50-day (₹931.40), and 200-day (₹918.77) moving averages—a classic bullish alignment suggesting renewed uptrend potential and steadily rising investor support. The RSI currently indicates a neutral-to-positive zone, supporting the view that downside is limited while momentum is building. Key support resides at ₹945.27 and the dominant resistance at ₹976.47, offering a defined trading range—breaks above resistance could signal a further leg up. The prevailing MACD trend, combined with sustained closes above major moving averages, point to healthy accumulation and foreshadow potential bullish reversals in the short to medium term.

Fundamental analysis

Jindal Steel’s financials highlight a story of steady, scalable growth tempered by prudent management and bold strategic initiatives. FY25 annual revenue reached ₹49,765 crores with a five-year CAGR of 5.59%, while net profit, despite quarterly volatility, totaled ₹2,846 crores. The recent Q4 net loss (₹339.40 crores) stemmed from one-time exceptional charges relating to overseas operations—rather than a deterioration in the company’s core business—suggesting underlying profitability remains intact.

Trading at a P/E ratio of 34.57, Jindal Steel currently sits at a premium to some peers; however, this valuation is increasingly justified by structural strengths: market-share gains in value-added steel, vertical integration from mining to power, and leadership as India’s fourth-largest steel producer. The ongoing ramp-up at Angul and a forward-looking capacity expansion plan (to 12 MTPA by year-end) position the company to capture secular growth in India’s infrastructure and manufacturing revival. Jindal Steel’s well-capitalized balance sheet, supported by prudent capital allocation and robust promoter holding (62.22%), further cements its strategic advantage.

Structural innovation is evident, from operational enhancements in process efficiency to expansion into advanced products such as galvanized steel, rails, and semi-finished materials catering to new export markets. The brand’s reputation within the Indian industrial ecosystem, reinforced by its broad international presence, is an often-underappreciated asset driving customer loyalty and premium pricing power.

Volume and liquidity

Jindal Steel enjoys sustained and healthy trading liquidity, with an average daily traded volume of approximately 1.6 million shares over the last three months. Such robust liquidity reflects consistent market confidence and supports dynamic price discovery—key for both institutional and individual investors seeking nimble entry and exit points. Moreover, the company’s sizeable free float and broad ownership—comprising rising institutional as well as growing public participation—strengthen valuation resilience and reduce the risk of undue volatility from concentrated holdings.

Catalysts and positive outlook

Multiple catalysts support a bullish stance for Jindal Steel. The company is at the forefront of a capacity expansion cycle with strategic investments at the Angul plant and further integration into captive mining, directly fortifying margins against global commodity price swings. The new galvanizing line and further product innovation will open lucrative opportunities in the infrastructure, automotive, and renewable sectors, which are all domains set to outpace aggregate industry growth in India.

ESG initiatives, including enhanced energy efficiency and responsible mining, are positioning Jindal Steel to attract capital inflows from global funds increasingly focused on sustainability criteria—a dimension that is rapidly gaining weight in institutional asset allocation worldwide. On the regulatory front, sustained government emphasis on “Make in India,” infrastructure modernization, and green energy transitions provides a multi-year demand tailwind. Importantly, the award of mining leases significantly mitigates input cost risk, which has become a structural challenge for global competitors.

Jindal Steel’s broad geographic diversification, serving fast-growing export destinations across Asia and Africa, further dilutes country-specific risk and offers access to new high-growth markets. Integration with upstream mining, power, and logistics assets provides the company with rare flexibility to optimize costs and buffer against exogenous shocks, in turn supporting consistency in shareholder returns.

Investment strategies

• Short-term traders may find opportunities in its current consolidation above key moving averages and proximity to breakout resistance, with the ₹945–₹976 range offering well-defined risk parameters.
• Medium-term position holders can anchor their thesis on the convergence of rising domestic steel demand, capacity expansion, and near-term catalysts such as new product launches and operational milestones at the Angul site.
• Long-term investors will appreciate the company’s enduring competitive advantages, visionary management, and alignment with India’s infrastructure supercycle. Jindal Steel’s integration into the entire steel value chain, market leadership, and focus on high-potential export markets create a fundamental foundation for outsized returns over a multi-year horizon.

Is it the right time to buy Jindal Steel?

All indicators suggest that Jindal Steel’s risk/reward profile currently favors a renewed buy-side focus. Core strengths—strategic vertical integration, technological innovation, strong brand reputation, and a clear execution roadmap for capacity growth—reinforce its investment case. While recent quarterly losses due to exceptional items might raise caution, these should be viewed as transitory, especially given the company’s continued operational momentum and improved cost structure.

Looking ahead, the combination of robust market positioning, a pipeline filled with tangible catalysts, and sustained investor confidence points to a potential new bullish phase for the stock. The stock’s current valuation, while reflecting growth expectations, appears justified given the earnings inflection likely as new investments pay off. For investors attuned to the Indian steel and infrastructure cycle, Jindal Steel seems to represent an excellent opportunity to capture future growth as both domestic demand and product innovation accelerate.

Jindal Steel stands out as a dynamic leader in a transforming sector and deserves serious consideration for those looking to participate in India’s new era of infrastructure-led expansion and industrial self-reliance. The company’s fundamentals justify renewed interest, and, with strong trading liquidity and clear technical structure, the stock offers investors an advantaged gateway to long-term value creation.

How to buy Jindal Steel stock?

Buying Jindal Steel stock online is both simple and secure when you use a regulated Indian broker. You can choose from two main options: spot (cash) buying, where you directly own the shares, or trading via CFDs (Contracts for Difference), which let you benefit from price movements without owning the underlying stock. Each method has its specific advantages and risks. For a detailed comparison of available brokers, see our broker comparison further down the page.

Spot buying

Buying Jindal Steel shares in cash means you become a direct shareholder. This is done through your preferred broker—most Indian platforms charge a fixed commission per order, usually around ₹20-₹30 per trade (or $5 in international terms).

Gain scenario

If the Jindal Steel share price is ₹953 and the USD/INR rate is 83, you can buy about 11 shares with a $1,000 stake (around ₹83,000), including a brokerage fee of approximately $5.

If the share price rises by 10%, your shares are now worth $1,100.

Result: +$100 gross gain, i.e. +10% on your investment.

Trading via CFD

CFD trading allows you to speculate on the price movement of Jindal Steel without actually owning the shares. It’s popular with active traders because you can use leverage, but you’ll pay a spread (broker’s margin) and an overnight financing fee if you hold positions open longer than one day.

CFD Trading Example: Gain Scenario

You open a CFD position on Jindal Steel shares, with 5x leverage and a $1,000 deposit.

This gives you market exposure of $5,000.

✔️ Gain scenario:

If the stock rises by 8%, your position gains 8% × 5 = 40%.

Result: +$400 gain, on a bet of $1,000 (excluding fees).

Final advice

Always compare broker fees and specific account conditions before you invest, as these can affect your actual returns. Your best choice—spot buying or CFD trading—depends on your personal investment goals and risk appetite. Consult our broker comparison further down the page for more guidance on available options.

Our 7 tips for buying Jindal Steel stock

The latest news about Jindal Steel

Jindal Steel reports a week-on-week stock price gain of 1.45% amid positive sector sentiment. The company outperformed the broader market this week, closing at ₹953.00 on the NSE. Support for the stock is driven by favorable Indian infrastructure demand and robust market volume, with a three-month daily average of 1,636,859 shares.

Jindal Steel successfully commissions a new galvanizing line at its Angul plant. This development is part of a strategic expansion and is expected to improve product diversification and margins, supporting the company’s position as a leading player in the Indian steel sector.

The Odisha government grants Jindal Steel a 50-year mining lease for the Roida-I iron ore and manganese block. This new mining asset strengthens long-term raw material security and cost efficiency, further enhancing the company’s value for Indian stakeholders and supporting production expansion targets.

Jindal Steel’s promoter holding rises to 62.22% after a 1.03% increase last quarter. Higher promoter confidence is generally viewed positively by the market, suggesting strategic alignment and providing reassurance to both retail and institutional investors in India.

Plans remain on track to increase Angul plant steelmaking capacity to 12 million tonnes per annum by year-end 2025. This expansion is set to position Jindal Steel as a more dominant force in the domestic industry, capitalizing on India’s infrastructure push and strong demand for steel products nationwide.

FAQ

P. Laurore

Finance expert

Co-founder of HelloSafe and holder of a Master's degree in finance, Pauline has recognised expertise in personal finance, which she uses to help users better understand and optimise their financial choices. At HelloSafe, Pauline plays a key role in designing clear, educational content on savings, investments and personal finance. Passionate about financial education, Pauline strives, with every piece of content she oversees, to provide reliable, transparent and unbiased information for independent and informed financial management. To this end, she has tested over 100 trading platforms to help internet users make the right choices.