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JSW Steel Ltd drops for fifth straight session

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Capital Market

The stock is quoting at Rs 307.85, down 3.07% on the day as on 13:19 IST on the NSE. JSW Steel Ltd jumped 20.42% in last one year as compared to a 2.83% rally in NIFTY and a 15.74% fall in the Nifty Metal index.

JSW Steel Ltd fell for a fifth straight session today. The stock is quoting at 307.85, down 3.07% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is up around 0.33% on the day, quoting at 10663.5. The Sensex is at 35459.4, up 0.3%.JSW Steel Ltd has eased around 9.46% in last one month.Meanwhile, Nifty Metal index of which JSW Steel Ltd is a constituent, has eased around 6.58% in last one month and is currently quoting at 3172.3, down 0.77% on the day. The volume in the stock stood at 107.06 lakh shares today, compared to the daily average of 35.19 lakh shares in last one month.

 

The benchmark November futures contract for the stock is quoting at Rs 313, down 1.77% on the day. JSW Steel Ltd jumped 20.42% in last one year as compared to a 2.83% rally in NIFTY and a 15.74% fall in the Nifty Metal index.

The PE of the stock is 9.43 based on TTM earnings ending September 18.

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First Published: Nov 27 2018 | 1:35 PM IST

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