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NEW DELHI: Shares of Jindal Steel & Power Ltd. traded 0.75 per cent down in Tuesday's trade at 11:29AM (IST). Around 151,076 shares changed hands on the counter.
The stock opened at Rs 194 and touched an intraday high and low of Rs 194 and Rs 191.1, respectively, in the session so far. Shares of the company of Jindal Steel & Power Ltd. quoted a 52-week high of Rs 238.4 and a 52-week low of Rs 62.1.
Total market cap of the Jindal Steel & Power Ltd. stood at Rs 19553.71 crore at the time of writing this report.
Key Financials
The company reported consolidated net sales of Rs 9278.77 crore for the quarter ended 30-Jun-2020, up 5.31 per cent from previous quarter's Rs 8810.68 crore and up 6.7 per cent from the year-ago quarter's Rs 9945.58 crore.
The net profit for latest quarter stood at Rs 183.1 crore, up 1841.68 per cent from the corresponding quarter last year.
As of 30-Jun-2020, DIIs held 9.78 per cent stake in the company, while foreign institutional investors held 12.02 per cent and the promoters 53.77 per cent.
Valuation ratio
According to BSE data, the stock traded at a price-to-earnings multiple of 303.02 and a price-to-book ratio of 0.26. A higher P/E ratio shows investors are willing to pay a higher price because of better future growth expectations. Price-to-book value indicates the inherent value of a company and is the measure of the price that investors are ready to pay even for no growth in the business.
Jindal Steel & Power Ltd. belongs to the Steel - Integrated industry.
The stock opened at Rs 194 and touched an intraday high and low of Rs 194 and Rs 191.1, respectively, in the session so far. Shares of the company of Jindal Steel & Power Ltd. quoted a 52-week high of Rs 238.4 and a 52-week low of Rs 62.1.
Total market cap of the Jindal Steel & Power Ltd. stood at Rs 19553.71 crore at the time of writing this report.
Key Financials
The company reported consolidated net sales of Rs 9278.77 crore for the quarter ended 30-Jun-2020, up 5.31 per cent from previous quarter's Rs 8810.68 crore and up 6.7 per cent from the year-ago quarter's Rs 9945.58 crore.
The net profit for latest quarter stood at Rs 183.1 crore, up 1841.68 per cent from the corresponding quarter last year.
Shareholding pattern
As of 30-Jun-2020, DIIs held 9.78 per cent stake in the company, while foreign institutional investors held 12.02 per cent and the promoters 53.77 per cent.
Valuation ratio
According to BSE data, the stock traded at a price-to-earnings multiple of 303.02 and a price-to-book ratio of 0.26. A higher P/E ratio shows investors are willing to pay a higher price because of better future growth expectations. Price-to-book value indicates the inherent value of a company and is the measure of the price that investors are ready to pay even for no growth in the business.
Jindal Steel & Power Ltd. belongs to the Steel - Integrated industry.
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