Jindal Steel & Power Ltd is down for a fifth straight session today. The stock is quoting at Rs 592.5, down 6.52% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 0.38% on the day, quoting at 19006.85. The Sensex is at 63621.09, down 0.4%.Jindal Steel & Power Ltd has lost around 15.3% in last one month.Meanwhile, Nifty Metal index of which Jindal Steel & Power Ltd is a constituent, has eased around 5.81% in last one month and is currently quoting at 6452.45, down 0.76% on the day. The volume in the stock stood at 98.51 lakh shares today, compared to the daily average of 17.01 lakh shares in last one month. The benchmark November futures contract for the stock is quoting at Rs 592.1, down 6.96% on the day. Jindal Steel & Power Ltd jumped 26.05% in last one year as compared to a 5.11% rally in NIFTY and a 5.39% spurt in the Nifty Metal index. The PE of the stock is 11.39 based on TTM earnings ending June 23.
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