Jindal Steel Ltd is up for a third straight session in a row. The stock is quoting at Rs 1159.9, up 3.62% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 0.16% on the day, quoting at 25302.45. The Sensex is at 82334.29, down 0.01%. Jindal Steel Ltd has added around 13.57% in last one month.
Meanwhile, Nifty Metal index of which Jindal Steel Ltd is a constituent, has added around 12.16% in last one month and is currently quoting at 12106.45, up 1.98% on the day. The volume in the stock stood at 26.08 lakh shares today, compared to the daily average of 18.29 lakh shares in last one month.
The benchmark February futures contract for the stock is quoting at Rs 1165.2, up 3.67% on the day. Jindal Steel Ltd is up 38.08% in last one year as compared to a 8.83% gain in NIFTY and a 48.75% gain in the Nifty Metal index.
The PE of the stock is 23.51 based on TTM earnings ending September 25.