Business Standard

Steel Authority of India Ltd spurts 2.28%, up for third straight session

Image

Capital Market

The stock is quoting at Rs 78.35, up 2.28% on the day as on 12:49 IST on the NSE. Steel Authority of India Ltd is up 24.17% in last one year as compared to a 16.29% gain in NIFTY and a 1.11% gain in the Nifty Metal index.

Steel Authority of India Ltd rose for a third straight session today. The stock is quoting at Rs 78.35, up 2.28% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.14% on the day, quoting at 11553.15. The Sensex is at 38260.02, up 0.05%. Steel Authority of India Ltd has dropped around 1.2% in last one month.

 

Meanwhile, Nifty Metal index of which Steel Authority of India Ltd is a constituent, has dropped around 6.94% in last one month and is currently quoting at 3632.2, up 1.69% on the day. The volume in the stock stood at 39.06 lakh shares today, compared to the daily average of 109.75 lakh shares in last one month.

The benchmark September futures contract for the stock is quoting at Rs 79.3, up 2.92% on the day. Steel Authority of India Ltd is up 24.17% in last one year as compared to a 16.29% gain in NIFTY and a 1.11% gain in the Nifty Metal index.

The PE of the stock is 28.69 based on TTM earnings ending June 18.

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Sep 07 2018 | 1:05 PM IST

Explore News