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Steel Authority of India Ltd slips for fifth straight session

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Capital Market

The stock is quoting at Rs 76.15, down 1.81% on the day as on 13:24 IST on the NSE. Steel Authority of India Ltd jumped 27.23% in last one year as compared to a 13.14% rally in NIFTY and a 27.33% spurt in the Nifty Metal index.

Steel Authority of India Ltd dropped for a fifth straight session today. The stock is quoting at 76.15, down 1.81% on the day as on 13:24 IST on the NSE. The benchmark NIFTY is down around 0.01% on the day, quoting at 10569.8. The Sensex is at 34546.94, up 0.13%.Steel Authority of India Ltd has added around 4.03% in last one month.Meanwhile, Nifty Metal index of which Steel Authority of India Ltd is a constituent, has increased around 4.04% in last one month and is currently quoting at 3736.2, down 0.15% on the day. The volume in the stock stood at 49.41 lakh shares today, compared to the daily average of 112.07 lakh shares in last one month.

 

The benchmark April futures contract for the stock is quoting at Rs 76.3, down 1.86% on the day. Steel Authority of India Ltd jumped 27.23% in last one year as compared to a 13.14% rally in NIFTY and a 27.33% spurt in the Nifty Metal index.

The PE of the stock is 0 based on TTM earnings ending December 17.

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First Published: Apr 26 2018 | 1:35 PM IST

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