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Jindal Steel & Power Ltd up for third straight session

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Capital Market
Last Updated : Sep 17 2018 | 1:16 PM IST

The stock is quoting at Rs 238.6, up 2.21% on the day as on 12:49 IST on the NSE. Jindal Steel & Power Ltd is up 58.33% in last one year as compared to a 12.4% jump in NIFTY and a 0.95% jump in the Nifty Metal index.

Jindal Steel & Power Ltd is up for a third straight session today. The stock is quoting at Rs 238.6, up 2.21% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 0.89% on the day, quoting at 11412.5. The Sensex is at 37693.61, down 1.04%. Jindal Steel & Power Ltd has gained around 16.22% in last one month.

Meanwhile, Nifty Metal index of which Jindal Steel & Power Ltd is a constituent, has gained around 7.07% in last one month and is currently quoting at 3713.7, up 0.3% on the day. The volume in the stock stood at 88.14 lakh shares today, compared to the daily average of 108.92 lakh shares in last one month.

The benchmark September futures contract for the stock is quoting at Rs 238.7, up 1.7% on the day. Jindal Steel & Power Ltd is up 58.33% in last one year as compared to a 12.4% jump in NIFTY and a 0.95% jump in the Nifty Metal index.

The PE of the stock is 48.34 based on TTM earnings ending June 18.

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First Published: Sep 17 2018 | 1:05 PM IST

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