JINDAL STAINLESS Share Price Up by 5%; BSE METAL Index Up 2.5%
Tue, 24 Aug 09:41 AM

JINDAL STAINLESS share price has zoomed 5% and is presently trading at Rs 136.

Meanwhile, the BSE METAL Index is at 19,720 (up 2.5%).

Among the top Gainers in the BSE METAL Index today are JINDAL STAINLESS (up 5.1%) and NALCO (up 5.6%).

Over the last one year, JINDAL STAINLESS has moved up from Rs 47 to Rs 136, registering a gain of Rs 89 (up 189.1%).

On the other hand, the BSE METAL has moved up from 9,233 to 19,720, registering a gain of 10,487 points (up 113.3%) during the last 12 months.

The top buzzing stocks among the BSE METAL Index stocks during this same period were TATA STEEL (up 223.2%), SAIL (up 186.9%) and JSW STEEL (up 145.6%).

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What About the Benchmark Indices?

The BSE Sensex is at 55,817 (up 0.2%).

The top gainers among the BSE Sensex stocks today are TATA STEEL (up 2.9%), NTPC (up 2.3%) and TECH MAHINDRA (up 2.2%). Other gainers include ONGC (up 1.8%) and L&T (up 1.3%). The most traded stocks in the BSE Sensex are TATA STEEL and ONGC.

In the meantime, NSE Nifty is at 16,585 (up 0.3%). The top gainers in the NSE Nifty include HINDALCO (up 2.8%), TATA STEEL (up 2.7%) and TECH MAHINDRA (up 2.4%). Other gainers include IOC (up 2.2%) and NTPC (up 2.2%) are among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved up from 38,220 to 55,817, registering a gain of 17,597 points (up 45.69%).

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 8.2x.



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

  

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Aug 24, 2021 09:47 AM

SADBHAV ENGINEERING share price is trading down by 5% and its current market price is Rs 49. The BSE CAPITAL GOODS is up by 0.9%. The top gainers in the BSE CAPITAL GOODS Index are GRAPHITE INDIA (up 2.8%) and CARBORUNDUM UNIVERSAL (up 2.3%). The top losers is SADBHAV ENGINEERING (down 5.1%).

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