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Jindal Steel & Power Ltd spurts 2.3%, gains for five straight sessions

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Capital Market

Jindal Steel & Power Ltd is quoting at Rs 314.2, up 2.3% on the day as on 12:44 IST on the NSE. The stock is up 62.63% in last one year as compared to a 26.63% gain in NIFTY and a 35.5% gain in the Nifty Metal.

Jindal Steel & Power Ltd rose for a fifth straight session today. The stock is quoting at Rs 314.2, up 2.3% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is up around 0.79% on the day, quoting at 15235.15. The Sensex is at 51710.69, up 0.7%. Jindal Steel & Power Ltd has added around 7.22% in last one month.

 

Meanwhile, Nifty Metal index of which Jindal Steel & Power Ltd is a constituent, has added around 1.95% in last one month and is currently quoting at 3552.45, up 0.27% on the day. The volume in the stock stood at 114.67 lakh shares today, compared to the daily average of 120.81 lakh shares in last one month.

The benchmark February futures contract for the stock is quoting at Rs 313.55, up 1.72% on the day. Jindal Steel & Power Ltd is up 62.63% in last one year as compared to a 26.63% gain in NIFTY and a 35.5% gain in the Nifty Metal index.

The PE of the stock is 7.54 based on TTM earnings ending December 20.

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First Published: Feb 09 2021 | 1:00 PM IST

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