Jindal Saw stock 1% up

The stock has hit a high of Rs. 92.80 and a low of Rs. 89.

Jan 21, 2015 10:01 IST India Infoline News Service

Jindal Saw surged to a high of Rs. 92.80 this morning on the back of steady Q3 earnings.

The company reported 23.7 per cent growth in Q3 standalone net profit at Rs. 61.92 crore when compared with Rs. 50.04 crore in Q3FY14. Total income was also up 4 per cent at Rs. 1,777.43 crore from Rs. 1,709.61 crore in the same period.

Now stock is trading 1%up at Rs. 89.20. The counter has seen trades of around 600,000 shares as against the two-week daily average volume of around 535,000 shares on the BSE.

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