Steel Authority of India Ltd is up for a third straight session today. The stock is quoting at Rs 124.6, up 1.32% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.29% on the day, quoting at 25052.35. The Sensex is at 81871.37, up 0.28%. Steel Authority of India Ltd has slipped around 9.01% in last one month.
Meanwhile, Nifty Metal index of which Steel Authority of India Ltd is a constituent, has slipped around 0.63% in last one month and is currently quoting at 9457.5, up 0.4% on the day. The volume in the stock stood at 92.26 lakh shares today, compared to the daily average of 114.4 lakh shares in last one month.
The benchmark August futures contract for the stock is quoting at Rs 124.61, up 1.31% on the day. Steel Authority of India Ltd is down 7.73% in last one year as compared to a 1.14% jump in NIFTY and a 2.5% jump in the Nifty Metal index.
The PE of the stock is 17.93 based on TTM earnings ending June 25.
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