Jindal Steel & Power Ltd is up for a third straight session today. The stock is quoting at Rs 857.7, up 1.27% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 0.02% on the day, quoting at 22940.75. The Sensex is at 76034.18, up 0.09%. Jindal Steel & Power Ltd has slipped around 8.15% in last one month.
Meanwhile, Nifty Metal index of which Jindal Steel & Power Ltd is a constituent, has slipped around 3.26% in last one month and is currently quoting at 8255.6, up 0.94% on the day. The volume in the stock stood at 5.43 lakh shares today, compared to the daily average of 33.98 lakh shares in last one month.
The benchmark February futures contract for the stock is quoting at Rs 857.7, up 1.19% on the day. Jindal Steel & Power Ltd is up 12.86% in last one year as compared to a 3.35% jump in NIFTY and a 4.74% jump in the Nifty Metal index.
The PE of the stock is 18.01 based on TTM earnings ending December 24.