Jindal Stainless Ltd vs Mukand Ltd Stock Comparison

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Last Updated on: Jun 02, 2026

Key Highlights

The Latest Trading Price of Jindal Stainless Ltd is ₹ 686.7 as of 02 Jun 15:30 . The P/E Ratio of Jindal Stainless Ltd changed from 7.8 on March 2021 to 19.1 on March 2025 . This represents a CAGR of 19.62% over 5 yearsThe P/E Ratio of Mukand Ltd changed from 11.6 on March 2022 to 17.1 on March 2025 . This represents a CAGR of 10.19% over 4 years The Market Cap of Jindal Stainless Ltd changed from ₹ 3291 crore on March 2021 to ₹ 47893 crore on March 2025 . This represents a CAGR of 70.84% over 5 yearsThe Market Cap of Mukand Ltd changed from ₹ 1176 crore on March 2021 to ₹ 1300 crore on March 2025 . This represents a CAGR of 2.02% over 5 years The revenue of Jindal Stainless Ltd for the Mar '26 is ₹ 11466 crore as compare to the Dec '25 revenue of ₹ 10625 crore. This represent the growth of 7.92% The revenue of Mukand Ltd for the Mar '26 is ₹ 1777 crore as compare to the Dec '25 revenue of ₹ 1333 crore. This represent the growth of 33.32% The ebitda of Jindal Stainless Ltd for the Mar '26 is ₹ 1538 crore as compare to the Dec '25 ebitda of ₹ 1485 crore. This represent the growth of 3.6% The ebitda of Mukand Ltd for the Mar '26 is ₹ 490.85 crore as compare to the Dec '25 ebitda of ₹ 76.05 crore. This represent the growth of 545.43% The net profit of Jindal Stainless Ltd changed from ₹ 646.07 crore to ₹ 834.21 crore over 8 quarters. This represents a CAGR of 13.63% The net profit of Mukand Ltd changed from ₹ 24.33 crore to ₹ 554.98 crore over 8 quarters. This represents a CAGR of 377.60% The Dividend Payout of Jindal Stainless Ltd changed from 10.22 % on March 2023 to 9.11 % on March 2025 . This represents a CAGR of -3.76% over 3 yearsThe Dividend Payout of Mukand Ltd changed from 30.74 % on March 2021 to 33.24 % on March 2025 . This represents a CAGR of 1.58% over 5 years .

About Jindal Stainless Ltd

Jindal Stainless Limited was incorporated on 29 September, 1980 as Jindal Ceramics Limited.
The Company changed the name to 'Jindal Int.com Limited' on January 29, 2001 from Jindal Ceramics Limited.
Further, the name was changed to JSL Limited on 22 July, 2018 from 'Jindal Int.com Limited' and again to 'JSL Stainless Limited' on May 31, 2010 and to Jindal Stainless Limited on 3 November, 2011. The Company is India's leading stainless steel producers of stainless steel with integrated melting products with a capacity of 1.1 MTPA, eventually scalable upto 3.2 MTPA. It is engaged in manufacturing of stainless steel flat products in Austenitic, Ferritic, Martensitic and Duplex grades.
The company operates two major plants: the Hisar plant, with a capacity of 0.8 MTPA, and the Jajpur plant, boasting a capacity of 2.

About Mukand Ltd

Mukand Limited incorporated on 29 November, 1937 at Mumbai, mainly deals in manufacture of special alloy steel / stainless steel, billets, bars, rods, wire rods, EOT cranes, material handling equipment and other industrial machinery, construction/ erection services and comprehensive engineering services.
The Company is a leading supplier of alloy steel to the automobile and auto component industry and a leader in the manufacture of high grade stainless steel in India.
With manufacturing facilities in both Dighe, Thane - Maharashtra and Ginigera, Karnataka, Mukand produces hundreds of grades of steel long products in the form of wire rods, bars, wires and bright bars. Mukand Holdings Pvt Ltd was incorporated as an investment company and became as a subsidiary of Mukand in the year 1979, also became as a public limited company with effect from 30th June of the same year 1979.

FAQs for the comparison of Jindal Stainless Ltd and Mukand Ltd

Which company has a larger market capitalization, Jindal Stainless Ltd or Mukand Ltd?

Market cap of Jindal Stainless Ltd is 56,612 Cr while Market cap of Mukand Ltd is 2,037 Cr

What are the key factors driving the stock performance of Jindal Stainless Ltd and Mukand Ltd?

The stock performance of Jindal Stainless Ltd and Mukand Ltd is primarily driven by its robust global client base, consistent revenue growth, strong operational efficiency, strategic investments in digital transformation, client acquisition, and the overall health of the industry. Both companies' performances are also influenced by macroeconomic conditions, currency fluctuations, and industry-specific trends.

What are the recent stock price for Jindal Stainless Ltd and Mukand Ltd?

As of June 2, 2026, the Jindal Stainless Ltd stock price is INR ₹686.7. On the other hand, Mukand Ltd stock price is INR ₹141.0.

How do dividend payouts of Jindal Stainless Ltd and Mukand Ltd compare?

To compare the dividend payouts of Jindal Stainless Ltd and Mukand Ltd, examine their dividend payout ratio, which indicates how much the companies pay out relative to their share price and earnings. Moreover, consider the consistency and growth of their dividends to gauge their commitment towards returning value to the respective shareholders.

Disclaimer: This information provided above is for informational purposes only and does not constitute investment advice. We use third-party data and recommend conducting thorough research and consulting a certified financial advisor before making investment decisions. We do not endorse specific stocks. Make decisions based on your own research and professional guidance.