Steel Authority of India Ltd spurts 0.48%, up for five straight sessions

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Capital Market
Last Updated : Dec 23 2019 | 1:16 PM IST

Steel Authority of India Ltd is quoting at Rs 41.75, up 0.48% on the day as on 12:44 IST on the NSE. The stock is down 19.63% in last one year as compared to a 15.11% gain in NIFTY and a 11.65% gain in the Nifty Metal.

Steel Authority of India Ltd rose for a fifth straight session today. The stock is quoting at Rs 41.75, up 0.48% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is up around 0.03% on the day, quoting at 12275.2. The Sensex is at 41634.25, down 0.11%. Steel Authority of India Ltd has added around 5.16% in last one month.

Meanwhile, Nifty Metal index of which Steel Authority of India Ltd is a constituent, has added around 4.92% in last one month and is currently quoting at 2707.5, up 0.83% on the day. The volume in the stock stood at 138.59 lakh shares today, compared to the daily average of 295.83 lakh shares in last one month.

The benchmark December futures contract for the stock is quoting at Rs 41.65, down 0.12% on the day. Steel Authority of India Ltd is down 19.63% in last one year as compared to a 15.11% gain in NIFTY and a 11.65% gain in the Nifty Metal index.

The PE of the stock is 19.9 based on TTM earnings ending September 19.

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First Published: Dec 23 2019 | 1:00 PM IST

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