JINDAL STAINLESS (HISAR) Share Price Up by 6%; BSE METAL Index Up 0.7%
Tue, 22 Jun 09:26 AM

JINDAL STAINLESS (HISAR) share price has zoomed 6% and is presently trading at Rs 200.

Meanwhile, the BSE METAL Index is at 18,389 (up 0.7%).

Among the top Gainers in the BSE METAL Index today is JINDAL STAINLESS (HISAR) (up 5.5%).

HINDUSTAN ZINC (down 0.1%) is among the top loser today.

Over the last one year, JINDAL STAINLESS (HISAR) has moved up from Rs 62 to Rs 200, registering a gain of Rs 139 (up 224.0%).

On the other hand, the BSE METAL has moved up from 7,227 to 18,389, registering a gain of 11,162 points (up 153.5%) during the last 12 months.

The top buzzing stocks among the BSE METAL Index stocks during this same period were SAIL (up 330.5%), TATA STEEL (up 250.1%) and JSW STEEL (up 249.4%).

Get Details: We are Bullish on These 3 Little-known Stocks

What About the Benchmark Indices?

The BSE Sensex is at 52,910 (up 0.6%).

The top gainers among the BSE Sensex stocks today are MARUTI SUZUKI (up 2.1%), ONGC (up 2.0%) and TITAN (up 1.3%). Other gainers include INDUSIND BANK (up 1.2%) and M&M (up 1.1%). The most traded stocks in the BSE Sensex are ONGC and SBI.

In the meantime, NSE Nifty is at 15,862 (up 0.7%). The top gainers in the NSE Nifty include ADANI PORTS & SEZ (up 3.0%), ONGC (up 2.3%) and TATA MOTORS (up 2.2%). Other gainers include MARUTI SUZUKI (up 2.0%) and UPL (up 1.5%) are among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved up from 34,208 to 52,910, registering a gain of 18,702 points (up 54.65%).

JINDAL STAINLESS (HISAR) Financial Update...

JINDAL STAINLESS (HISAR) net profit stood at Rs 3 billion for the quarter ended March 2021, compared to a profit of Rs 2 billion a year ago. Net Sales declined 1.4% to Rs 31.0 billion during the period as against Rs 31.5 billion in January-March 2020.

For the year ended March 2020, JINDAL STAINLESS (HISAR) reported 8.8% increase in net profit to Rs 3.7 billion compared to net profit of Rs 3.4 billion during FY19.

Revenue of the company grew 8.8% to Rs 94 billion during FY20.

The current Price to earnings ratio of JINDAL STAINLESS (HISAR), based on rolling 12 month earnings, stands at 8.6x.



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