Hot Pursuit     30-Nov-23
Jindal Steel & Power Ltd up for five straight sessions
Jindal Steel & Power Ltd is quoting at Rs 671.9, up 0.5% on the day as on 12:44 IST on the NSE. The stock is up 19.03% in last one year as compared to a 6.63% gain in NIFTY and a 5.08% gain in the Nifty Metal.

Jindal Steel & Power Ltd rose for a fifth straight session today. The stock is quoting at Rs 671.9, up 0.5% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is down around 0.18% on the day, quoting at 20059.8. The Sensex is at 66768.09, down 0.2%. Jindal Steel & Power Ltd has added around 6.01% in last one month.

Meanwhile, Nifty Metal index of which Jindal Steel & Power Ltd is a constituent, has added around 8.54% in last one month and is currently quoting at 7016.4, down 0.18% on the day. The volume in the stock stood at 7.1 lakh shares today, compared to the daily average of 23.44 lakh shares in last one month.

The benchmark November futures contract for the stock is quoting at Rs 671, up 0.25% on the day. Jindal Steel & Power Ltd is up 19.03% in last one year as compared to a 6.63% gain in NIFTY and a 5.08% gain in the Nifty Metal index.

The PE of the stock is 11.95 based on TTM earnings ending September 23.

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