Jindal Steel & Power Ltd is up for a third straight session in a row. The stock is quoting at Rs 590, up 2.7% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 0.16% on the day, quoting at 18724.6. The Sensex is at 63022.52, down 0.23%. Jindal Steel & Power Ltd has added around 12.35% in last one month. Meanwhile, Nifty Media index of which Jindal Steel & Power Ltd is a constituent, has added around 7.63% in last one month and is currently quoting at 6203.5, up 0.58% on the day. The volume in the stock stood at 72.33 lakh shares today, compared to the daily average of 30.87 lakh shares in last one month. The benchmark June futures contract for the stock is quoting at Rs 593.4, up 2.8% on the day. Jindal Steel & Power Ltd is up 80.48% in last one year as compared to a 19.73% gain in NIFTY and a 32.18% gain in the Nifty Media index. The PE of the stock is 18.98 based on TTM earnings ending March 23.
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