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Jindal Steel & Power Ltd up for third consecutive session

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Capital Market
Last Updated : Nov 05 2020 | 1:16 PM IST

Jindal Steel & Power Ltd is quoting at Rs 209.85, up 1.11% on the day as on 12:59 IST on the NSE. The stock is up 55.79% in last one year as compared to a 1.12% jump in NIFTY and a 6.85% jump in the Nifty Metal index.

Jindal Steel & Power Ltd is up for a third straight session today. The stock is quoting at Rs 209.85, up 1.11% on the day as on 12:59 IST on the NSE. The benchmark NIFTY is up around 1.61% on the day, quoting at 12100.4. The Sensex is at 41302.68, up 1.69%. Jindal Steel & Power Ltd has gained around 8.2% in last one month.

Meanwhile, Nifty Metal index of which Jindal Steel & Power Ltd is a constituent, has gained around 6.53% in last one month and is currently quoting at 2383.8, up 2.91% on the day. The volume in the stock stood at 73.71 lakh shares today, compared to the daily average of 125.5 lakh shares in last one month.

The benchmark November futures contract for the stock is quoting at Rs 210.6, up 1.23% on the day. Jindal Steel & Power Ltd is up 55.79% in last one year as compared to a 1.12% jump in NIFTY and a 6.85% jump in the Nifty Metal index.

The PE of the stock is 11.25 based on TTM earnings ending September 20.

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First Published: Nov 05 2020 | 1:05 PM IST

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