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Jindal Stainless (Hisar) Ltd drops for fifth straight session

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Capital Market

The stock is quoting at Rs 157.5, down 4.78% on the day as on 13:24 IST on the NSE. Jindal Stainless (Hisar) Ltd tumbled 5.63% in last one year as compared to a 9.9% rally in NIFTY and a 10.27% spurt in the Nifty Metal index.

Jindal Stainless (Hisar) Ltd fell for a fifth straight session today. The stock is quoting at 157.5, down 4.78% on the day as on 13:24 IST on the NSE. The benchmark NIFTY is down around 1.04% on the day, quoting at 10009.3. The Sensex is at 32676.6, down 1%.Jindal Stainless (Hisar) Ltd has eased around 18.46% in last one month.Meanwhile, Nifty Metal index of which Jindal Stainless (Hisar) Ltd is a constituent, has eased around 15.43% in last one month and is currently quoting at 3550.4, down 3.01% on the day. The volume in the stock stood at 5.12 lakh shares today, compared to the daily average of 5.67 lakh shares in last one month.

 

The PE of the stock is 11.38 based on TTM earnings ending December 17.

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First Published: Mar 23 2018 | 1:35 PM IST

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