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Jindal Steel & Power Ltd rises for third straight session

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Jindal Steel & Power Ltd is quoting at Rs 169.1, up 2.55% on the day as on 12:49 IST on the NSE. The stock is down 8.64% in last one year as compared to a 4.96% jump in NIFTY and a 15.57% jump in the Nifty Metal index.

Jindal Steel & Power Ltd gained for a third straight session today. The stock is quoting at Rs 169.1, up 2.55% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.49% on the day, quoting at 10961.85. The Sensex is at 36490.21, up 0.39%. Jindal Steel & Power Ltd has slipped around 1.11% in last one month.

Meanwhile, Nifty Metal index of which Jindal Steel & Power Ltd is a constituent, has slipped around 2.59% in last one month and is currently quoting at 3198.15, up 0.49% on the day. The volume in the stock stood at 58.16 lakh shares today, compared to the daily average of 127.48 lakh shares in last one month.

The benchmark December futures contract for the stock is quoting at Rs 168.6, up 2.09% on the day. Jindal Steel & Power Ltd is down 8.64% in last one year as compared to a 4.96% jump in NIFTY and a 15.57% jump in the Nifty Metal index.

The PE of the stock is 21.61 based on TTM earnings ending September 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, December 19 2018. 13:05 IST
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