Jindal Steel Ltd is up for a third straight session today. The stock is quoting at Rs 1107, up 1.22% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.39% on the day, quoting at 24413.1. The Sensex is at 78190.02, up 0.34%. Jindal Steel Ltd has gained around 7.6% in last one month.
Meanwhile, Nifty Metal index of which Jindal Steel Ltd is a constituent, has gained around 3% in last one month and is currently quoting at 12701.8, up 0.51% on the day. The volume in the stock stood at 5.18 lakh shares today, compared to the daily average of 12.91 lakh shares in last one month.
The benchmark August futures contract for the stock is quoting at Rs 1111.1, up 1.19% on the day. Jindal Steel Ltd is up 17.08% in last one year as compared to a 0.62% slide in NIFTY and a 40.25% slide in the Nifty Metal index.
The PE of the stock is 32.12 based on TTM earnings ending June 26.
