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Jindal Steel & Power Ltd gained for a third straight session today. The stock is quoting at Rs 977.5, up 4.05% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.42% on the day, quoting at 22197.45. The Sensex is at 73040.51, up 0.36%. Jindal Steel & Power Ltd has risen around 9.37% in last one month. Meanwhile, Nifty Metal index of which Jindal Steel & Power Ltd is a constituent, has risen around 4.79% in last one month and is currently quoting at 9094.8, up 2.54% on the day. The volume in the stock stood at 51.96 lakh shares today, compared to the daily average of 21.39 lakh shares in last one month. The benchmark May futures contract for the stock is quoting at Rs 982.95, up 4.37% on the day. Jindal Steel & Power Ltd is up 69.99% in last one year as compared to a 20.65% spurt in NIFTY and a 63.57% spurt in the Nifty Metal index. The PE of the stock is 19.61 based on TTM earnings ending December 23.
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