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JSW Steel Ltd soars 0.6%, gains for fifth straight session

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Capital Market
Last Updated : Aug 30 2018 | 1:16 PM IST

The stock is quoting at Rs 401.4, up 0.6% on the day as on 12:44 IST on the NSE. JSW Steel Ltd is up 57.78% in last one year as compared to a 17.72% jump in NIFTY and a 5.66% jump in the Nifty Metal.

JSW Steel Ltd is up for a fifth straight session in a row. The stock is quoting at Rs 401.4, up 0.6% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is down around 0.14% on the day, quoting at 11674.95. The Sensex is at 38690.9, down 0.08%. JSW Steel Ltd has added around 21.49% in last one month.

Meanwhile, Nifty Metal index of which JSW Steel Ltd is a constituent, has added around 10.08% in last one month and is currently quoting at 3634.3, up 1.02% on the day. The volume in the stock stood at 163.77 lakh shares today, compared to the daily average of 65.15 lakh shares in last one month.

The benchmark August futures contract for the stock is quoting at Rs 401.55, up 0.7% on the day. JSW Steel Ltd is up 57.78% in last one year as compared to a 17.72% jump in NIFTY and a 5.66% jump in the Nifty Metal index.

The PE of the stock is 14.4 based on TTM earnings ending June 18.

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First Published: Aug 30 2018 | 1:00 PM IST

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