Hot Pursuit     31-Jan-24
Jindal Steel & Power Ltd spurts 0.83%, gains for fifth straight session
Jindal Steel & Power Ltd is quoting at Rs 752.4, up 0.83% on the day as on 12:44 IST on the NSE. The stock is up 23.7% in last one year as compared to a 23.01% jump in NIFTY and a 28.25% jump in the Nifty Metal.

Jindal Steel & Power Ltd is up for a fifth straight session today. The stock is quoting at Rs 752.4, up 0.83% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is up around 0.68% on the day, quoting at 21669.25. The Sensex is at 71609.69, up 0.66%. Jindal Steel & Power Ltd has gained around 1.13% in last one month.

Meanwhile, Nifty Metal index of which Jindal Steel & Power Ltd is a constituent, has gained around 0.97% in last one month and is currently quoting at 7864, up 0.74% on the day. The volume in the stock stood at 12.92 lakh shares today, compared to the daily average of 16.45 lakh shares in last one month.

The benchmark February futures contract for the stock is quoting at Rs 756.85, up 0.59% on the day. Jindal Steel & Power Ltd is up 23.7% in last one year as compared to a 23.01% jump in NIFTY and a 28.25% jump in the Nifty Metal index.

The PE of the stock is 13.35 based on TTM earnings ending September 23.

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