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Jindal Steel & Power Ltd spurts 7.51%, gains for fifth straight session

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The stock is quoting at Rs 188.3, up 7.51% on the day as on 12:44 IST on the NSE. Jindal Steel & Power Ltd is up 13.91% in last one year as compared to a 1.09% jump in NIFTY and a 12.2% jump in the Nifty Metal.

Jindal Steel & Power Ltd is up for a fifth straight session today. The stock is quoting at Rs 188.3, up 7.51% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is up around 1.79% on the day, quoting at 10566.2. The Sensex is at 35037.46, up 1.76%. Jindal Steel & Power Ltd has gained around 0.94% in last one month.

 

Meanwhile, Nifty Metal index of which Jindal Steel & Power Ltd is a constituent, has gained around 3.74% in last one month and is currently quoting at 3338.35, up 3.58% on the day. The volume in the stock stood at 104.4 lakh shares today, compared to the daily average of 106.58 lakh shares in last one month.

The benchmark November futures contract for the stock is quoting at Rs 188.05, up 7.09% on the day. Jindal Steel & Power Ltd is up 13.91% in last one year as compared to a 1.09% jump in NIFTY and a 12.2% jump in the Nifty Metal index.

The PE of the stock is 36.2 based on TTM earnings ending June 18.

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First Published: Nov 02 2018 | 1:00 PM IST

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