JSW Steel stock trades at INR 1,173 with INR 2.9 trillion market value

Published on 10/12/2026 at 13:58 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

JSW Steel stock stands at INR 1,173 on October 12, 2026, against an INR 1,351 52-week high. Results are due October 23.

Key points in brief

JSW Steel stock stood at INR 1,173 on October 12, 2026, with a market capitalization of INR 2.9 trillion.
The stock was 13.18 percent below its INR 1,351 52-week high.
J.P. Morgan maintained a Buy rating and an INR 1,560 target on October 6, 2026.
JSW Steel is scheduled to report second-quarter fiscal 2027 results on October 23, 2026.

JSW Steel, INE019A01038, Illustration mit AI erstellt.

JSW Steel stock (ISIN INE019A01038) stood at INR 1,173 on the NSE on October 12, 2026, while its market capitalization was INR 2.9 trillion. The price was 13.18 percent below the 52-week high of INR 1,351, giving the market report a clear range-based frame rather than a company announcement as its main signal.

Stock stays below its yearly high

The NSE quote places JSW Steel between its 52-week low of INR 1,073.20 and high of INR 1,351.00. At INR 1,173, the stock was INR 99.80 above its low and INR 178.00 below its high, showing that the current level sits closer to the lower end of the annual range.

The same NSE page identifies JSW Steel with the ticker JSWSTEEL, lists it in the Nifty 50 and classifies it under Iron and Steel. Its quoted price was INR 1,173, while the finance snapshot gave a price-to-earnings ratio of 11.57 and a dividend yield of 0.01 percent.

Valuation and analyst target

Markets Insider reported on October 6, 2026 that J.P. Morgan maintained a Buy rating and set an INR 1,560 price target. That target stood INR 387 above the quoted INR 1,173 level, a 32.99 percent premium to the market price.

The same report cited revenue of INR 466.62 billion and net profit of INR 46.51 billion for the quarter ended June 30, 2026, compared with revenue of INR 431.47 billion and net profit of INR 21.84 billion a year earlier. The comparison points to stronger year-over-year revenue and profit, although the figures remain tied to the first quarter of fiscal 2027.

Comparison with peers

JSW Steel: 0.43 percent, P/E 11.57, market capitalization INR 2.9 trillion

Tata Steel (NSE, INR): minus 0.90 percent, P/E 19.44, market capitalization INR 2.2 trillion

Steel Authority of India (NSE, INR): minus 0.32 percent, P/E 16.54, market capitalization INR 706.3 billion

October results set the next marker

Indian Opinion reported that JSW Steel is scheduled to announce its second-quarter fiscal 2027 results on October 23, 2026, covering the quarter and half year ended September 30, 2026. The date gives investors a defined checkpoint for margins, profit and cash flow after the first-quarter figures cited by Markets Insider.

JSW Steel operates across iron and steel products, including rolled, coated and specialized steel used in automotive, engineering, machinery and infrastructure applications. The combination of a INR 2.9 trillion market value, an 11.57 P/E ratio and an INR 1,560 analyst target leaves valuation and the next reported quarter as the two measurable reference points.