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Jindal Steel & Power Ltd is up for a third straight session in a row. The stock is quoting at Rs 708.4, up 1.04% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.36% on the day, quoting at 19505.65. The Sensex is at 65554.17, up 0.26%. Jindal Steel & Power Ltd has gained around 7.75% in last one month. Meanwhile, Nifty Media index of which Jindal Steel & Power Ltd is a constituent, has gained around 5.62% in last one month and is currently quoting at 6851, up 2.1% on the day. The volume in the stock stood at 18.26 lakh shares today, compared to the daily average of 23.93 lakh shares in last one month. The benchmark September futures contract for the stock is quoting at Rs 711.2, up 0.77% on the day. Jindal Steel & Power Ltd is up 66.43% in last one year as compared to a 10.41% jump in NIFTY and a 16.85% jump in the Nifty Media index. The PE of the stock is 12.58 based on TTM earnings ending June 23.
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