Jindal Steel & Power Ltd is up for a third straight session in a row. The stock is quoting at Rs 532.6, up 2.35% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.54% on the day, quoting at 18598.4. The Sensex is at 62857.23, up 0.57%. Jindal Steel & Power Ltd has slipped around 10.15% in last one month. Meanwhile, Nifty Media index of which Jindal Steel & Power Ltd is a constituent, has slipped around 2.13% in last one month and is currently quoting at 5935.4, up 1.21% on the day. The volume in the stock stood at 13.25 lakh shares today, compared to the daily average of 22.74 lakh shares in last one month. The benchmark June futures contract for the stock is quoting at Rs 537.75, up 2.57% on the day. Jindal Steel & Power Ltd is up 37.64% in last one year as compared to a 11.63% gain in NIFTY and a 14.12% gain in the Nifty Media index. The PE of the stock is 17.18 based on TTM earnings ending March 23.
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