Jindal Steel & Power Ltd gains for fifth session

Capital Market 

The stock is quoting at Rs 225.8, up 3.79% on the day as on 12:44 IST on the NSE. Steel & Power Ltd is up 64.7% in last one year as compared to a 17.72% spurt in and a 5.66% spurt in the Metal.

Steel & Power Ltd is up for a fifth straight session in a row. The stock is quoting at Rs 225.8, up 3.79% on the day as on 12:44 IST on the NSE. The benchmark is down around 0.14% on the day, quoting at 11674.95. The Sensex is at 38690.9, down 0.08%. Steel & Power Ltd has risen around 9.91% in last one month.

Meanwhile, index of which is a constituent, has risen around 10.08% in last one month and is currently quoting at 3634.3, up 1.02% on the day. The volume in the stock stood at 103.34 lakh shares today, compared to the daily average of 89.9 lakh shares in last one month.

The benchmark August futures contract for the stock is quoting at Rs 225.35, up 3.51% on the day. is up 64.7% in last one year as compared to a 17.72% spurt in NIFTY and a 5.66% spurt in the index.

The PE of the stock is 44.97 based on earnings ending June 18.

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First Published: Thu, August 30 2018. 13:00 IST