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JSW Steel Ltd eases for fifth straight session

Capital Market 

JSW Steel Ltd is quoting at Rs 218.55, down 0.21% on the day as on 13:24 IST on the NSE. The stock tumbled 35.64% in last one year as compared to a 6.29% slide in NIFTY and a 34.33% fall in the Nifty Metal index.

JSW Steel Ltd fell for a fifth straight session today. The stock is quoting at Rs 218.55, down 0.21% on the day as on 13:24 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%.JSW Steel Ltd has eased around 17% in last one month.Meanwhile, Nifty Metal index of which JSW Steel 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 45.75 lakh shares today, compared to the daily average of 70.92 lakh shares in last one month.

The benchmark August futures contract for the stock is quoting at Rs 219.1, up 0.07% on the day. JSW Steel Ltd tumbled 35.64% in last one year as compared to a 6.29% slide in NIFTY and a 34.33% fall in the Nifty Metal index.

The PE of the stock is 7.2 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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