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Jindal Steel & Power Ltd gains for third straight session

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Jindal Steel & Power Ltd is quoting at Rs 148.9, up 1.95% on the day as on 12:49 IST on the NSE. The stock is down 10.97% in last one year as compared to a 11.86% jump in NIFTY and a 15.72% jump in the Nifty Metal index.

Jindal Steel & Power Ltd gained for a third straight session today. The stock is quoting at Rs 148.9, up 1.95% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.24% on the day, quoting at 12251. The Sensex is at 41669.04, up 0.27%. Jindal Steel & Power Ltd has gained around 6.24% in last one month.

 

Meanwhile, Nifty Metal index of which Jindal Steel & Power Ltd is a constituent, has gained around 6.08% in last one month and is currently quoting at 2687.65, down 0.34% on the day. The volume in the stock stood at 145.19 lakh shares today, compared to the daily average of 254.27 lakh shares in last one month.

The benchmark December futures contract for the stock is quoting at Rs 149.2, up 1.88% on the day. Jindal Steel & Power Ltd is down 10.97% in last one year as compared to a 11.86% jump in NIFTY and a 15.72% jump in the Nifty Metal index.

The PE of the stock is 16.28 based on TTM earnings ending September 19.

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First Published: Dec 19 2019 | 1:05 PM IST

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