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Jindal Steel Share Price Target 2025, 2026, 2027, 2030

2026-05-15 · 3 min read

Sector - Finance
Jindal Steel Share Price Target 2025, 2026, 2027, 2030


Jindal Steel Ltd, formerly known as Jindal Steel & Power Ltd, is one of India’s most important integrated steel producers. 

Jindal Steel Share Price Target


It operates across steel, mining, power and infrastructure-linked products, and is known for its strong presence in long steel, plates, rails, structural steel and value-added products. 

Financial table for Jindal Steel

Market Cap₹1,30,740 Cr.(As of May 2026)
Price to Earnings32.4
Return on equity8.22%
Debt to equity0.44
Current ratio1.25
Dividend Yield0.16%
Return on assets4.39%
ROCE9.70%
Face Value₹1.00
52 Week High₹1,306
52 Week Low₹833

Jindal Steel Shareholding Pattern



Mar 2020

Mar 2021

Mar 2022

Mar 2023

Mar 2024

Mar 2025

Mar 2026

Promoters

60.48%

60.47%

60.45%

61.21%

61.21%

62.22%

62.71%

FIIs

13.40%

10.99%

9.70%

13.42%

11.93%

9.59%

9.19%

DIIs

11.92%

16.49%

17.34%

13.90%

14.73%

17.72%

19.14%

Government

0.43%

0.43%

0.00%

0.00%

0.00%

0.00%

0.00%

Public

13.77%

11.62%

12.51%

9.99%

10.41%

9.65%

8.73%

Other

0.00%

0.00%

0.00%

1.48%

1.73%

0.81%

0.25%

No. of Shareholders

1,72,186 

1,76,106 

2,56,046 

2,35,473 

2,59,991 

3,05,285 

2,71,333 


Jindal Steel Price Target 2026, 2027, 2028 to 2030

YEAR 2026

Target Range (₹) : 1000-1500

for the move Capacity expansion and policy support drive volume and pricing strength. Projected Targets:
YEAR 2027

Target Range (₹) : 1600-2000

for the move Production scale improves with expansion. Projected Targets:
YEAR 2028

Target Range (₹) : 2100-2500

for the move Government infra push drives strong demand. Projected Targets:
YEAR 2029

Target Range (₹) : 2600-3000

for the move .Debt reduction improves financial profile. Projected Targets:
YEAR 2030

Target Range (₹) : 2200-2600

for the move Growth continues steadily with balanced portfolio.

Historic Performance:

Jindal Steel Share Price Target 2020, 2021, 2022, 2023, 2024 & 2025

YEAR 2020

Yearly returns : 58.79%

Start of the year price167.80
End of the year price266.45
Reason : Strong rally driven by recovery in global steel demand.
YEAR 2021

Yearly returns : 40.61%

Start of the year price268.30
End of the year price377.25
Reason : Continued growth driven by peak steel cycle and strong margins.
YEAR 2022

Yearly returns : 53.09%

Start of the year price379.25
End of the year price580.60
Reason : Infrastructure push supported volume growth.
YEAR 2023

Yearly returns : 27.88%

Start of the year price585.00
End of the year price748.10
Reason : Moderate growth as steel prices stabilized.
YEAR 2024

Yearly returns : 23.76%

Start of the year price752.00
End of the year price930.70
Reason : Continued growth driven by infrastructure demand and operational efficiency.
YEAR 2025

Yearly returns : 13.92%

Start of the year price925.00
End of the year price1,053.80
Reason : Slower growth due to normalization of steel prices.

Conclusion

The Jindal Steel share price target depends on three major variables: steel cycle, capacity expansion and debt control.

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