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JSW Steel Ltd spurts 3.8%

Capital Market 

JSW Steel Ltd is quoting at Rs 227.85, up 3.8% on the day as on 12:49 IST on the NSE. The stock is down 43% in last one year as compared to a 2.96% slide in NIFTY and a 33.75% slide in the Nifty Metal.

JSW Steel Ltd is up for a fifth straight session today. The stock is quoting at Rs 227.85, up 3.8% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.27% on the day, quoting at 11033.25. The Sensex is at 37320.22, up 0.47%. JSW Steel Ltd has gained around 3.5% in last one month.

Meanwhile, Nifty Metal index of which JSW Steel Ltd is a constituent, has gained around 2.12% in last one month and is currently quoting at 2360.05, up 1.94% on the day. The volume in the stock stood at 63.24 lakh shares today, compared to the daily average of 84.76 lakh shares in last one month.

The benchmark September futures contract for the stock is quoting at Rs 228, up 3.45% on the day. JSW Steel Ltd is down 43% in last one year as compared to a 2.96% slide in NIFTY and a 33.75% slide in the Nifty Metal index.

The PE of the stock is 7.23 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: Wed, September 11 2019. 13:01 IST
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