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Jindal Steel & Power Ltd rose for a third straight session today. The stock is quoting at Rs 561.5, up 2.18% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.28% on the day, quoting at 17673.8. The Sensex is at 60003.63, up 0.26%. Jindal Steel & Power Ltd has dropped around 2.42% in last one month. Meanwhile, Nifty Media index of which Jindal Steel & Power Ltd is a constituent, has dropped around 0.6% in last one month and is currently quoting at 5570.25, up 0.87% on the day. The volume in the stock stood at 11.99 lakh shares today, compared to the daily average of 23.79 lakh shares in last one month. The benchmark April futures contract for the stock is quoting at Rs 564.05, up 2.42% on the day. Jindal Steel & Power Ltd is up 0.58% in last one year as compared to a 0.82% jump in NIFTY and a 14.73% jump in the Nifty Media index. The PE of the stock is 8.16 based on TTM earnings ending December 22.
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