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Jindal Steel & Power Ltd jumps 2.1%

Capital Market 

Jindal Steel & Power Ltd is quoting at Rs 162.65, up 2.1% on the day as on 12:44 IST on the NSE. The stock is up 4.97% in last one year as compared to a 11.78% jump in NIFTY and a 16.95% jump in the Nifty Metal.

Jindal Steel & Power Ltd gained for a fifth straight session today. The stock is quoting at Rs 162.65, up 2.1% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is up around 0.3% on the day, quoting at 12137.4. The Sensex is at 41102.35, up 0.2%. Jindal Steel & Power Ltd has gained around 44.39% in last one month.

Meanwhile, Nifty Metal index of which Jindal Steel & Power Ltd is a constituent, has gained around 4.78% in last one month and is currently quoting at 2602.85, up 1.38% on the day. The volume in the stock stood at 95.36 lakh shares today, compared to the daily average of 290.95 lakh shares in last one month.

The benchmark November futures contract for the stock is quoting at Rs 163.9, up 2.98% on the day. Jindal Steel & Power Ltd is up 4.97% in last one year as compared to a 11.78% jump in NIFTY and a 16.95% jump in the Nifty Metal index.

The PE of the stock is 17.76 based on TTM earnings ending September 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, November 28 2019. 13:00 IST
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