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Jindal Steel & Power Ltd up for five straight sessions

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Jindal Steel & Power Ltd is quoting at Rs 198, up 0.3% on the day as on 12:49 IST on the NSE. The stock is up 93.64% in last one year as compared to a 3.35% gain in NIFTY and a 4.35% gain in the Nifty Metal.

Jindal Steel & Power Ltd rose for a fifth straight session today. The stock is quoting at Rs 198, up 0.3% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 1.06% on the day, quoting at 11219.4. The Sensex is at 38103.25, up 1.17%. Jindal Steel & Power Ltd has added around 27.25% in last one month.

 

Meanwhile, Nifty Metal index of which Jindal Steel & Power Ltd is a constituent, has added around 13% in last one month and is currently quoting at 2263.8, up 0.96% on the day. The volume in the stock stood at 57.99 lakh shares today, compared to the daily average of 151.56 lakh shares in last one month.

The benchmark August futures contract for the stock is quoting at Rs 198.9, up 0.38% on the day. Jindal Steel & Power Ltd is up 93.64% in last one year as compared to a 3.35% gain in NIFTY and a 4.35% gain in the Nifty Metal index.

The PE of the stock is 22.4 based on TTM earnings ending June 20.

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First Published: Aug 06 2020 | 1:00 PM IST

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