Hot Pursuit     29-Jan-24
Jindal Steel & Power Ltd rises for third straight session
Jindal Steel & Power Ltd is quoting at Rs 729.55, up 1.85% on the day as on 12:49 IST on the NSE. The stock is up 26.91% in last one year as compared to a 22.9% jump in NIFTY and a 22.85% jump in the Nifty Metal index.

Jindal Steel & Power Ltd is up for a third straight session today. The stock is quoting at Rs 729.55, up 1.85% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 1.58% on the day, quoting at 21690.1. The Sensex is at 71801.88, up 1.56%. Jindal Steel & Power Ltd has slipped around 1.94% in last one month.

Meanwhile, Nifty Metal index of which Jindal Steel & Power Ltd is a constituent, has slipped around 2.16% in last one month and is currently quoting at 7719.65, up 1.39% on the day. The volume in the stock stood at 11.72 lakh shares today, compared to the daily average of 15.41 lakh shares in last one month.

The benchmark February futures contract for the stock is quoting at Rs 738.9, up 2.53% on the day. Jindal Steel & Power Ltd is up 26.91% in last one year as compared to a 22.9% jump in NIFTY and a 22.85% jump in the Nifty Metal index.

The PE of the stock is 12.82 based on TTM earnings ending September 23.

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