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Jindal Steel & Power Ltd soars 2.59%, up for third straight session

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Jindal Steel & Power Ltd is quoting at Rs 160.3, up 2.59% on the day as on 12:49 IST on the NSE. The stock is down 0.93% in last one year as compared to a 5.33% gain in NIFTY and a 12.03% gain in the Nifty Metal index.

Jindal Steel & Power Ltd rose for a third straight session today. The stock is quoting at Rs 160.3, up 2.59% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.57% on the day, quoting at 10798.45. The Sensex is at 35966.65, up 0.52%. Jindal Steel & Power Ltd has dropped around 8.87% in last one month.

 

Meanwhile, Nifty Metal index of which Jindal Steel & Power Ltd is a constituent, has dropped around 7.12% in last one month and is currently quoting at 3133.05, up 0.27% on the day. The volume in the stock stood at 73.35 lakh shares today, compared to the daily average of 128.48 lakh shares in last one month.

The benchmark December futures contract for the stock is quoting at Rs 160.2, up 2.43% on the day. Jindal Steel & Power Ltd is down 0.93% in last one year as compared to a 5.33% gain in NIFTY and a 12.03% gain in the Nifty Metal index.

The PE of the stock is 20.43 based on TTM earnings ending September 18.

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First Published: Dec 13 2018 | 1:05 PM IST

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