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Jindal Steel & Power Ltd rose for a fifth straight session today. The stock is quoting at Rs 422.7, up 1.39% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 0.56% on the day, quoting at 17681.1. The Sensex is at 59252.66, down 0.51%. Jindal Steel & Power Ltd has added around 8.89% in last one month. Meanwhile, Nifty Metal index of which Jindal Steel & Power Ltd is a constituent, has added around 3.41% in last one month and is currently quoting at 5779.7, up 0.31% on the day. The volume in the stock stood at 44.44 lakh shares today, compared to the daily average of 64.2 lakh shares in last one month. The benchmark February futures contract for the stock is quoting at Rs 424.15, up 1.25% on the day. Jindal Steel & Power Ltd is up 46.57% in last one year as compared to a 18.7% gain in NIFTY and a 70.05% gain in the Nifty Metal index. The PE of the stock is 3.81 based on TTM earnings ending September 21.
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