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Jindal Steel & Power Ltd records massive gains

Capital Market 

Jindal Steel & Power Ltd is quoting at Rs 149.3, up 5.7% on the day as on 12:54 IST on the NSE. The stock is down 39.63% in last one year as compared to a 2.67% gain in NIFTY and a 29.68% gain in the Nifty Metal index.

Jindal Steel & Power Ltd rose for a third straight session today. The stock is quoting at Rs 149.3, up 5.7% on the day as on 12:54 IST on the NSE. The benchmark NIFTY is up around 0.67% on the day, quoting at 10675.35. The Sensex is at 35580.9, up 0.65%. Jindal Steel & Power Ltd has added around 3.47% in last one month.

Meanwhile, Nifty Metal index of which Jindal Steel & Power Ltd is a constituent, has added around 6.62% in last one month and is currently quoting at 2689.7, up 2.27% on the day. The volume in the stock stood at 141.78 lakh shares today, compared to the daily average of 113.55 lakh shares in last one month.

The benchmark February futures contract for the stock is quoting at Rs 149.75, up 5.68% on the day. Jindal Steel & Power Ltd is down 39.63% in last one year as compared to a 2.67% gain in NIFTY and a 29.68% gain in the Nifty Metal index.

The PE of the stock is 13.83 based on TTM earnings ending December 18.

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

First Published: Wed, February 20 2019. 13:05 IST
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