Jindal Steel & Power Ltd gains for fifth session

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Capital Market
Last Updated : Aug 30 2018 | 1:16 PM IST

The stock is quoting at Rs 225.8, up 3.79% on the day as on 12:44 IST on the NSE. Jindal Steel & Power Ltd is up 64.7% in last one year as compared to a 17.72% spurt in NIFTY and a 5.66% spurt in the Nifty Metal.

Jindal Steel & Power Ltd is up for a fifth straight session in a row. The stock is quoting at Rs 225.8, up 3.79% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is down around 0.14% on the day, quoting at 11674.95. The Sensex is at 38690.9, down 0.08%. Jindal Steel & Power Ltd has risen around 9.91% in last one month.

Meanwhile, Nifty Metal index of which Jindal Steel & Power Ltd is a constituent, has risen around 10.08% in last one month and is currently quoting at 3634.3, up 1.02% on the day. The volume in the stock stood at 103.34 lakh shares today, compared to the daily average of 89.9 lakh shares in last one month.

The benchmark August futures contract for the stock is quoting at Rs 225.35, up 3.51% on the day. Jindal Steel & Power Ltd is up 64.7% in last one year as compared to a 17.72% spurt in NIFTY and a 5.66% spurt in the Nifty Metal index.

The PE of the stock is 44.97 based on TTM earnings ending June 18.

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First Published: Aug 30 2018 | 1:00 PM IST

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