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Jindal Stainless (Hisar) Ltd drops for fifth straight session

Capital Market 

Jindal Stainless (Hisar) Ltd is quoting at Rs 62.65, down 2.64% on the day as on 13:17 IST on the NSE. The stock tumbled 40.17% in last one year as compared to a 6.29% slide in NIFTY and a 34.33% fall in the Nifty Metal index.

Jindal Stainless (Hisar) Ltd fell for a fifth straight session today. The stock is quoting at Rs 62.65, down 2.64% on the day as on 13:17 IST on the NSE. The benchmark NIFTY is down around 0.59% on the day, quoting at 10853.9. The Sensex is at 36867.62, down 0.52%.Jindal Stainless (Hisar) Ltd has eased around 10.95% in last one month.Meanwhile, Nifty Metal index of which Jindal Stainless (Hisar) Ltd is a constituent, has eased around 19.26% in last one month and is currently quoting at 2283.2, down 1.73% on the day. The volume in the stock stood at 27396 shares today, compared to the daily average of 1.86 lakh shares in last one month.

The PE of the stock is 6.35 based on TTM earnings ending June 19.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Thu, August 22 2019. 13:36 IST
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