Jindal Steel & Power Ltd rose for a third straight session today. The stock is quoting at Rs 921.9, up 1.28% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.44% on the day, quoting at 23314.5. The Sensex is at 77056.18, up 0.43%. Jindal Steel & Power Ltd has dropped around 3.11% in last one month.
Meanwhile, Nifty Metal index of which Jindal Steel & Power Ltd is a constituent, has dropped around 8.65% in last one month and is currently quoting at 8280.95, up 1.43% on the day. The volume in the stock stood at 9.49 lakh shares today, compared to the daily average of 15.14 lakh shares in last one month.
The benchmark January futures contract for the stock is quoting at Rs 923.6, up 1.16% on the day. Jindal Steel & Power Ltd is up 27.67% in last one year as compared to a 8.08% gain in NIFTY and a 9.17% gain in the Nifty Metal index.
The PE of the stock is 18.15 based on TTM earnings ending September 24.