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Jindal Stainless Ltd drops for fifth straight session

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Last Updated : Aug 06 2024 | 2:16 PM IST

Jindal Stainless Ltd is quoting at Rs 673.95, down 0.47% on the day as on 13:19 IST on the NSE. The stock jumped 68.84% in last one year as compared to a 23.32% rally in NIFTY and a 35.64% spurt in the Nifty Metal index.

Jindal Stainless Ltd fell for a fifth straight session today. The stock is quoting at Rs 673.95, down 0.47% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is up around 0.46% on the day, quoting at 24166.55. The Sensex is at 79082.36, up 0.41%.Jindal Stainless Ltd has eased around 17.83% in last one month.Meanwhile, Nifty Metal index of which Jindal Stainless Ltd is a constituent, has eased around 9.06% in last one month and is currently quoting at 8862.5, up 1.35% on the day. The volume in the stock stood at 7.34 lakh shares today, compared to the daily average of 9.65 lakh shares in last one month.

The PE of the stock is 23.08 based on TTM earnings ending June 24.

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First Published: Aug 06 2024 | 1:35 PM IST

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