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JSW Steel Ltd drops for fifth straight session

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Capital Market

JSW Steel Ltd is quoting at Rs 214.2, down 1.54% on the day as on 13:24 IST on the NSE. The stock tumbled 37.51% in last one year as compared to a 4.44% slide in NIFTY and a 29.91% fall in the Nifty Metal index.

JSW Steel Ltd fell for a fifth straight session today. The stock is quoting at Rs 214.2, down 1.54% on the day as on 13:24 IST on the NSE. The benchmark NIFTY is down around 0.06% on the day, quoting at 10941.9. The Sensex is at 36978.08, up 0%.JSW Steel Ltd has eased around 18.32% in last one month.Meanwhile, Nifty Metal index of which JSW Steel Ltd is a constituent, has eased around 13.28% in last one month and is currently quoting at 2448.05, down 1.13% on the day. The volume in the stock stood at 46.71 lakh shares today, compared to the daily average of 62.47 lakh shares in last one month.

 

The benchmark August futures contract for the stock is quoting at Rs 215, down 1.65% on the day. JSW Steel Ltd tumbled 37.51% in last one year as compared to a 4.44% slide in NIFTY and a 29.91% fall in the Nifty Metal index.

The PE of the stock is 7.17 based on TTM earnings ending June 19.

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First Published: Aug 07 2019 | 1:35 PM IST

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