Don’t miss the latest developments in business and finance.

Jindal Steel & Power Ltd drops around 2%

Image
Capital Market
Last Updated : Nov 18 2021 | 1:50 PM IST

Jindal Steel & Power Ltd is quoting at Rs 374.3, down 1.99% on the day as on 13:24 IST on the NSE. The stock jumped 60.2% in last one year as compared to a 39.18% rally in NIFTY and a 98.17% spurt in the Nifty Metal index.

Jindal Steel & Power Ltd fell for a fifth straight session today. The stock is quoting at Rs 374.3, down 1.99% on the day as on 13:24 IST on the NSE. The benchmark NIFTY is down around 0.69% on the day, quoting at 17775.85. The Sensex is at 59658.19, down 0.58%.Jindal Steel & Power Ltd has eased around 14.88% in last one month.Meanwhile, Nifty Metal index of which Jindal Steel & Power Ltd is a constituent, has eased around 10.57% in last one month and is currently quoting at 5568.1, down 2.03% on the day. The volume in the stock stood at 47.11 lakh shares today, compared to the daily average of 67.67 lakh shares in last one month.

The benchmark November futures contract for the stock is quoting at Rs 373.8, down 2.04% on the day. Jindal Steel & Power Ltd jumped 60.2% in last one year as compared to a 39.18% rally in NIFTY and a 98.17% spurt in the Nifty Metal index.

The PE of the stock is 3.49 based on TTM earnings ending September 21.

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

More From This Section

First Published: Nov 18 2021 | 1:35 PM IST

Next Story