Steel Authority of India Ltd soars 3.13%, rises for third straight session

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Capital Market
Last Updated : Aug 27 2019 | 1:18 PM IST

Steel Authority of India Ltd is quoting at Rs 32.9, up 3.13% on the day as on 12:54 IST on the NSE. The stock is down 57.77% in last one year as compared to a 5.39% fall in NIFTY and a 36.09% fall in the Nifty Metal index.

Steel Authority of India Ltd rose for a third straight session today. The stock is quoting at Rs 32.9, up 3.13% on the day as on 12:54 IST on the NSE. The benchmark NIFTY is up around 0.44% on the day, quoting at 11106.15. The Sensex is at 37628.39, up 0.36%. Steel Authority of India Ltd has dropped around 25.57% in last one month.

Meanwhile, Nifty Metal index of which Steel Authority of India Ltd is a constituent, has dropped around 11.98% in last one month and is currently quoting at 2256.65, up 1.87% on the day. The volume in the stock stood at 255.82 lakh shares today, compared to the daily average of 275.67 lakh shares in last one month.

The benchmark August futures contract for the stock is quoting at Rs 32.85, up 2.98% on the day. Steel Authority of India Ltd is down 57.77% in last one year as compared to a 5.39% fall in NIFTY and a 36.09% fall in the Nifty Metal index.

The PE of the stock is 7.4 based on TTM earnings ending June 19.

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First Published: Aug 27 2019 | 1:05 PM IST

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