JSW Steel near highs, Jindal Holdcos down 37-59%: Value buy or value trap?
- Posted on September 22, 2026
- By Financial Express
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- 1 min read
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JSW Steel near highs, Jindal Holdcos down 37-59%: Value buy or value trap?
JSW Steel is trading close to its 52-week high. Yet two debt-free Jindal family holding companies that own big blocks of it have fallen over 45% from their record highs. Each is now worth less on the market than its JSW Steel stake alone. Is this a bargain, or a discount that is here to stay?
