JSW Steel stock trades at INR 1,168.00 with volume 34.8 percent below average

Published on 10/09/2026 at 15:11 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

JSW Steel stock was last at INR 1,168.00 on October 9, 2026. The price stood 0.6 percent below its INR 1,175.20 prior close.

Key points in brief

JSW Steel stock was last at INR 1,168.00 on October 9, 2026, 13.5 percent below its 52-week high.
Trading volume was 1,083,909 shares, 34.8 percent below the average of 1,662,870 shares.
J.P. Morgan maintained a Buy rating and set an INR 1,560.00 target, 33.6 percent above the NSE price.
JSW Steel is scheduled to review its September-quarter and half-year results on October 23, 2026.

JSW Steel, INE019A01038, Illustration mit AI erstellt.

JSW Steel (INE019A01038) was last at INR 1,168.00 on the NSE on October 9, 2026 at 3:15 p.m. IST, down 0.6 percent versus the prior close of INR 1,175.20. Trading volume was 1,083,909 shares, 34.8 percent below the average of 1,662,870 shares, making turnover the clearest short-term contrast in the market picture.

Volume trails its average

The stock remained 13.5 percent below its 52-week high of INR 1,351.00 and 8.8 percent above its 52-week low of INR 1,073.20 on October 9, 2026. That placement gives the price a defined range context rather than a standalone daily signal.

The finance profile classifies JSW Steel in Basic Materials and the Steel industry. Its market capitalization was INR 2.9 trillion, while its price-to-earnings ratio was 11.5 and its trailing dividend yield was 0.01 percent on October 9, 2026.

Valuation ahead of results

As Business Insider reported on October 6, 2026, J.P. Morgan maintained a Buy rating and set a price target of INR 1,560.00. The target lies 33.6 percent above the NSE price, creating a quantified valuation reference without changing the stock's daily market move.

The same report cited quarterly revenue of INR 466.62 billion and net profit of INR 46.51 billion for the quarter ended June 30, 2026. Those figures give the valuation multiple an operating reference before the next scheduled reporting date.

Comparison with peers on October 9, 2026

JSW Steel: minus 0.6 percent, P/E 11.5, market capitalization INR 2.9 trillion

Tata Steel (NSE, INR): plus 1.1 percent, P/E 19.6, market capitalization INR 2.2 trillion

Steel Authority of India (NSE, INR): plus 3.0 percent, P/E 16.6, market capitalization INR 707.4 billion

October 23 sets the next date

The NSE lists October 23, 2026 as the meeting date for JSW Steel to consider its financial results for the quarter and half-year ended September 30, 2026. The date is the next clear calendar marker for the valuation, with the current price sitting below both the 52-week high and J.P. Morgan's target.