SSPL WEALTH PVT LTD

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Jindal Stainless Ltd soars 1.21%, Gains for third straight session

17-Aug-22 13:05 Hrs IST

Jindal Stainless Ltd is up for a third straight session in a row. The stock is quoting at Rs 121.45, up 1.21% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.62% on the day, quoting at 17936.35. The Sensex is at 60234.9, up 0.66%. Jindal Stainless Ltd has added around 6.12% in last one month.

Meanwhile, Nifty Media index of which Jindal Stainless Ltd is a constituent, has added around 19.89% in last one month and is currently quoting at 5893.4, up 0.72% on the day. The volume in the stock stood at 7.91 lakh shares today, compared to the daily average of 11.96 lakh shares in last one month.

The PE of the stock is 3.73 based on TTM earnings ending June 22.

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