Hot Pursuit     12-Aug-22
Jindal Steel & Power Ltd spurts 2.24%, up for third straight session
Jindal Steel & Power Ltd is quoting at Rs 406.8, up 2.24% on the day as on 12:49 IST on the NSE. The stock is down 4.11% in last one year as compared to a 7.07% spurt in NIFTY and a 0.9% spurt in the Nifty Media index.

Jindal Steel & Power Ltd gained for a third straight session today. The stock is quoting at Rs 406.8, up 2.24% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.22% on the day, quoting at 17697.8. The Sensex is at 59458.94, up 0.21%. Jindal Steel & Power Ltd has risen around 14.48% in last one month.

Meanwhile, Nifty Media index of which Jindal Steel & Power Ltd is a constituent, has risen around 20.09% in last one month and is currently quoting at 5758.85, up 1.6% on the day. The volume in the stock stood at 32.54 lakh shares today, compared to the daily average of 50.23 lakh shares in last one month.

The benchmark August futures contract for the stock is quoting at Rs 408, up 2.31% on the day. Jindal Steel & Power Ltd is down 4.11% in last one year as compared to a 7.07% spurt in NIFTY and a 0.9% spurt in the Nifty Media index.

The PE of the stock is 5.13 based on TTM earnings ending June 22.

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