Jindal Steel Ltd is up for a third straight session in a row. The stock is quoting at Rs 1017.25, up 4.32% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.15% on the day, quoting at 24615.6. The Sensex is at 80252.95, up 0.12%. Jindal Steel Ltd has risen around 3.78% in last one month.
Meanwhile, Nifty Metal index of which Jindal Steel Ltd is a constituent, has risen around 3.34% in last one month and is currently quoting at 9384.35, up 2.71% on the day. The volume in the stock stood at 28.32 lakh shares today, compared to the daily average of 19.11 lakh shares in last one month.
The benchmark September futures contract for the stock is quoting at Rs 1020.55, up 4.02% on the day. Jindal Steel Ltd is up 7.58% in last one year as compared to a 2.31% drop in NIFTY and a 4.94% drop in the Nifty Metal index.
The PE of the stock is 20.59 based on TTM earnings ending June 25.
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