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Jindal Steel & Power Ltd gains for third straight session

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The stock is quoting at Rs 207.45, up 1.05% on the day as on 12:49 IST on the NSE. Jindal Steel & Power Ltd is up 60.81% in last one year as compared to a 18.45% jump in NIFTY and a 4.35% jump in the Nifty Metal index.

Jindal Steel & Power Ltd gained for a third straight session today. The stock is quoting at Rs 207.45, up 1.05% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.13% on the day, quoting at 11567.1. The Sensex is at 38305.89, up 0.07%. Jindal Steel & Power Ltd has gained around 10.67% in last one month.

 

Meanwhile, Nifty Metal index of which Jindal Steel & Power Ltd is a constituent, has gained around 11.03% in last one month and is currently quoting at 3478.9, up 0.19% on the day. The volume in the stock stood at 51.72 lakh shares today, compared to the daily average of 96.49 lakh shares in last one month.

The benchmark August futures contract for the stock is quoting at Rs 208.4, up 1.04% on the day. Jindal Steel & Power Ltd is up 60.81% in last one year as compared to a 18.45% jump in NIFTY and a 4.35% jump in the Nifty Metal index.

The PE of the stock is 42.53 based on TTM earnings ending June 18.

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First Published: Aug 21 2018 | 1:06 PM IST

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