Business Standard

Jindal Steel & Power Ltd in demand

Image

Capital Market

Jindal Steel & Power Ltd is quoting at Rs 98.3, up 9.53% on the day as on 12:54 IST on the NSE. The stock is down 39.02% in last one year as compared to a 16.39% drop in NIFTY and a 37.77% drop in the Nifty Metal index.

Jindal Steel & Power Ltd gained for a third straight session today. The stock is quoting at Rs 98.3, up 9.53% on the day as on 12:54 IST on the NSE. The benchmark NIFTY is up around 2.03% on the day, quoting at 9383.2. The Sensex is at 32017.06, up 2.06%. Jindal Steel & Power Ltd has risen around 11.7% in last one month.

 

Meanwhile, Nifty Metal index of which Jindal Steel & Power Ltd is a constituent, has risen around 0.76% in last one month and is currently quoting at 1717.55, up 2.83% on the day. The volume in the stock stood at 277.9 lakh shares today, compared to the daily average of 212.53 lakh shares in last one month.

The benchmark May futures contract for the stock is quoting at Rs 98.85, up 9.65% on the day. Jindal Steel & Power Ltd is down 39.02% in last one year as compared to a 16.39% drop in NIFTY and a 37.77% drop in the Nifty Metal index.

The PE of the stock is 10.99 based on TTM earnings ending December 19.

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: May 13 2020 | 1:05 PM IST

Explore News