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Jindal Stainless Ltd soars 2.5%, rises for third straight session

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Jindal Stainless Ltd is quoting at Rs 679.45, up 2.5% on the day as on 12:49 IST on the NSE. The stock is up 126.98% in last one year as compared to a 26.47% gain in NIFTY and a 46.35% gain in the Nifty Metal index.

Jindal Stainless Ltd rose for a third straight session today. The stock is quoting at Rs 679.45, up 2.5% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.09% on the day, quoting at 22399.45. The Sensex is at 73793.46, down 0.02%. Jindal Stainless Ltd has added around 12.01% in last one month.

 

Meanwhile, Nifty Metal index of which Jindal Stainless Ltd is a constituent, has added around 2.49% in last one month and is currently quoting at 8337.8, down 0.31% on the day. The volume in the stock stood at 10.87 lakh shares today, compared to the daily average of 22.29 lakh shares in last one month.

The PE of the stock is 20.12 based on TTM earnings ending December 23.

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First Published: Mar 04 2024 | 1:05 PM IST

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