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Jindal Steel & Power Ltd rose for a third straight session today. The stock is quoting at Rs 444.05, up 4.52% on the day as on 12:54 IST on the NSE. The benchmark NIFTY is down around 1.8% on the day, quoting at 16490.9. The Sensex is at 55087.9, down 2.06%. Jindal Steel & Power Ltd has added around 6.36% in last one month. Meanwhile, Nifty Metal index of which Jindal Steel & Power Ltd is a constituent, has added around 6.32% in last one month and is currently quoting at 5896.85, up 3.88% on the day. The volume in the stock stood at 106.19 lakh shares today, compared to the daily average of 82.97 lakh shares in last one month. The benchmark March futures contract for the stock is quoting at Rs 446.25, up 4.83% on the day. Jindal Steel & Power Ltd is up 27.03% in last one year as compared to a 8.17% gain in NIFTY and a 50.93% gain in the Nifty Metal index. The PE of the stock is 4.12 based on TTM earnings ending December 21.
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