Jindal Steel & Power Ltd is up for a third straight session today. The stock is quoting at Rs 474.7, up 3.44% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.53% on the day, quoting at 14803.35. The Sensex is at 49183.71, up 0.48%. Jindal Steel & Power Ltd has gained around 14.21% in last one month.
Meanwhile, Nifty Metal index of which Jindal Steel & Power Ltd is a constituent, has gained around 17.66% in last one month and is currently quoting at 5095, up 3.81% on the day. The volume in the stock stood at 107.25 lakh shares today, compared to the daily average of 146.99 lakh shares in last one month.
The benchmark May futures contract for the stock is quoting at Rs 477.9, up 3.44% on the day. Jindal Steel & Power Ltd is up 432.77% in last one year as compared to a 60.01% jump in NIFTY and a 215.46% jump in the Nifty Metal index.
The PE of the stock is 11.28 based on TTM earnings ending December 20.
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