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JSW Steel Ltd soars nearly 2%

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Capital Market
Last Updated : May 15 2018 | 1:50 PM IST

The stock is quoting at Rs 335.6, up 1.99% on the day as on 12:59 IST on the NSE. JSW Steel Ltd is up 66.43% in last one year as compared to a 14.32% gain in NIFTY and a 26.44% gain in the Nifty Metal index.

JSW Steel Ltd is up for a third straight session in a row. The stock is quoting at Rs 335.6, up 1.99% on the day as on 12:59 IST on the NSE. The benchmark NIFTY is up around 0.63% on the day, quoting at 10874.45. The Sensex is at 35760.47, up 0.57%. JSW Steel Ltd has added around 8.64% in last one month.

Meanwhile, Nifty Metal index of which JSW Steel Ltd is a constituent, has added around 0.44% in last one month and is currently quoting at 3702.05, up 1.24% on the day. The volume in the stock stood at 38.37 lakh shares today, compared to the daily average of 35.39 lakh shares in last one month.

The benchmark May futures contract for the stock is quoting at Rs 337.3, up 2.09% on the day. JSW Steel Ltd is up 66.43% in last one year as compared to a 14.32% gain in NIFTY and a 26.44% gain in the Nifty Metal index.

The PE of the stock is 22.42 based on TTM earnings ending December 17.

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First Published: May 15 2018 | 1:05 PM IST

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