Hot Pursuit     09-Aug-23
Jindal Steel & Power Ltd gains for fifth session
Jindal Steel & Power Ltd is quoting at Rs 672, up 2.13% on the day as on 12:39 IST on the NSE. The stock is up 69.44% in last one year as compared to a 11.23% gain in NIFTY and a 14.09% gain in the Nifty Media.

Jindal Steel & Power Ltd is up for a fifth straight session in a row. The stock is quoting at Rs 672, up 2.13% on the day as on 12:39 IST on the NSE. The benchmark NIFTY is down around 0.34% on the day, quoting at 19503.45. The Sensex is at 65525.91, down 0.49%. Jindal Steel & Power Ltd has added around 7.29% in last one month.

Meanwhile, Nifty Media index of which Jindal Steel & Power Ltd is a constituent, has added around 2.91% in last one month and is currently quoting at 6544.8, up 0.4% on the day. The volume in the stock stood at 23.48 lakh shares today, compared to the daily average of 26.75 lakh shares in last one month.

The benchmark August futures contract for the stock is quoting at Rs 676, up 2.42% on the day. Jindal Steel & Power Ltd is up 69.44% in last one year as compared to a 11.23% gain in NIFTY and a 14.09% gain in the Nifty Media index.

The PE of the stock is 21.72 based on TTM earnings ending March 23.

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