Jindal Steel & Power Ltd (JSPL) is quoting at Rs 418.15, up 3.57 per cent today on the NSE. The stock is up 7.42 per cent in the year 2021 compared to a 4.34 per cent fall in NIFTY and a 1.31 per cent fall in the Nifty Media index.

On Thursday, JSPL is up for a third straight session. The stock is quoting at Rs 418.15, up 3.57 per cent today. The benchmark NIFTY fell around 0.03 per cent on the day, quoting at 16854.3. The Sensex is at 56483.94, down 0.2 per cent. Jindal Steel & Power Ltd has slipped around 3.51 per cent in August.

• NTPC Green Energy Adds 50 MW Solar Power in Rajasthan
• Coffee Day Enterprises Settles Rs 25 Cr Loan With Kemfin
• GST Collections Rise 14.7% to Rs 2.04 Lakh Crore in September
• GPT Infraprojects Bags Rs 385 Cr South Africa Rail Order
• Cabinet Backs Rs 1.86 Lakh Cr Plan for Green Power Grid

Around 4.21 per cent of stock slipped in August and is currently quoting at 5617.65, up 1.19 per cent on the day. The volume in the stock stood at 44.41 lakh shares on September 29, compared to the daily average of 34.6 lakh shares in August.

In the September futures contract, the stock’s benchmark is at Rs 416.55, up 3.49 per cent on the day. Jindal Steel & Power Ltd is up 7.42 per cent in 2021 compared to a 4.34 per cent fall in NIFTY and a 1.31 per cent fall in the Nifty Media index. As of June 2022, the PE of the stock is 5.2 based on TTM earnings.