JINDAL STAINLESS Share Price Down by 5%; BSE METAL Index Down 5.5%
Fri, 20 Aug 11:14 AM

JINDAL STAINLESS share price has plunged 5% and is presently trading at Rs 146.

Meanwhile, the BSE METAL Index is at 20,338 (down 5.5%).

Among the top losers in the BSE METAL Index today are JINDAL STAINLESS (down 5.2%) and TATA STEEL (down 6.2%).

Over the last one year, JINDAL STAINLESS has moved up from Rs 47 to Rs 146, registering a gain of Rs 99 (up 207.9%)..

The BSE METAL has moved up from 8,981 to 20,338, registering a gain of 11,357 points (up 126.5%) during the last 12 months.

The top buzzing stocks among the BSE METAL Index stocks during this same period were TATA STEEL (up 231.1%), SAIL (up 212.4%) and JSW STEEL (up 155.9%).

RESPONSE PENDING: Your Invitation to Attend the Super Smallcaps Summit

What About the Benchmark Indices?

The BSE Sensex is at 55,496 (down 0.7%). The top gainers among the BSE Sensex stocks today are HUL (up 2.7%). The most traded stocks in the BSE Sensex are ASIAN PAINTS and INFOSYS.

In the meantime, NSE Nifty is at 16,510 (down 0.9%). HUL (up 3.0%) and ASIAN PAINTS (up 2.1%) are among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved up from 38,051 to 55,496, registering a gain of 17,445 points (up 45.12%).

JINDAL STAINLESS Financial Update...

JINDAL STAINLESS net profit stood at Rs 3 billion for the quarter ended June 2021, compared to a profit of Rs 2 billion a year ago. Net Sales rose 12.5% to Rs 40.3 billion during the period as against Rs 35.8 billion in April-June 2020.

For the year ended March 2020, JINDAL STAINLESS reported 39.4% decrease in net profit to Rs 805.0 million compared to net profit of Rs 1.3 billion during FY19.

Revenue of the company grew 4.5% to Rs 130 billion during FY20.

The current Price to earnings ratio of JINDAL STAINLESS, based on rolling 12 month earnings, stands at 8.5x.



What else is happening in the markets today? Dig in...

  

Stock Market Updates

Aug 20, 2021 12:30 pm

Share markets in India are presently trading marginally lower. The BSE Sensex is trading down by 224 points, down 0.4%, at 55,405 levels.

Aug 20, 2021 09:30 am

Indian share markets open lower. The BSE Sensex opened down by 358 points, while the Nifty is trading lower by 116 points.

Aug 20, 2021 09:50 AM

The BSE METAL Index Down at 20,338 (down 3.8%). Among the top losers in the BSE METAL Index today are HINDALCO, TATA STEEL and JSW STEEL. Meanwhile, the BSE Sensex has plunged 0.4% to 55,454.

Aug 20, 2021 09:32 AM

MINDTREE share price is trading up by 6% and its current market price is Rs 3,372. The BSE IT is up by 0.1%. The top gainers in the BSE IT Index is MINDTREE (up 5.5%). The top losers are HCL TECHNOLOGIES (down 0.1%) and PERSISTENT SYSTEMS (down 0.2%).

Aug 20, 2021 09:30 AM

HINDALCO share price is trading down by 5% and its current market price is Rs 417. The BSE 500 is down by 0.7%. The top gainers in the BSE 500 Index are ADANI TOTAL GAS (up 5.0%) and ADANI TRANSMISSION (up 5.0%). The top losers are HINDALCO (down 5.2%) and UJJIVAN FINANCIAL SERVICES (down 6.0%).

Aug 20, 2021 09:26 AM

UJJIVAN FINANCIAL SERVICES share price is trading down by 5% and its current market price is Rs 199. The BSE 500 is down by 0.7%. The top gainers in the BSE 500 Index are ADANI TOTAL GAS (up 5.0%) and ADANI TRANSMISSION (up 5.0%). The top losers are UJJIVAN FINANCIAL SERVICES (down 5.2%) and INDOSTAR CAPITAL (down 5.0%).

View More Indian Share Market News

Most Popular

Aug 9, 2021

Is the worst behind for ITC now?

Aug 13, 2021

What are the best stocks to buy? Find out in this video...

Aug 10, 2021

Where are the salary increments in the IT sector going?

Top 5 Stocks Mutual Funds Bought and Sold in July 2021(Views On News)

Aug 14, 2021

A look at what India's top equity mutual funds bought and sold in July 2021.

Solar's Hot. Here are 4 Companies to Look Out for(Views On News)

Aug 18, 2021

These companies are vital to the growth of the solar power industry in India.

More