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Jindal Stainless (Hisar) Ltd eases for fifth straight session

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Capital Market

The stock is quoting at Rs 173.05, down 0.49% on the day as on 13:29 IST on the NSE. Jindal Stainless (Hisar) Ltd tumbled 23.9% in last one year as compared to a 14.13% rally in NIFTY and a 24.61% spurt in the Nifty Metal index.

Jindal Stainless (Hisar) Ltd dropped for a fifth straight session today. The stock is quoting at 173.05, down 0.49% on the day as on 13:29 IST on the NSE. The benchmark NIFTY is down around 0.25% on the day, quoting at 10779.6. The Sensex is at 35468.92, down 0.19%.Jindal Stainless (Hisar) Ltd has eased around 8.44% in last one month.Meanwhile, Nifty Metal index of which Jindal Stainless (Hisar) Ltd is a constituent, has eased around 0.53% in last one month and is currently quoting at 3712.8, down 0.03% on the day. The volume in the stock stood at 1.49 lakh shares today, compared to the daily average of 9.64 lakh shares in last one month.

 

The PE of the stock is 10.73 based on TTM earnings ending March 18.

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First Published: May 14 2018 | 1:35 PM IST

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