Jindal Steel & Power Ltd (JSPL) is quoting at Rs 472.75, up 1.67 per cent on the NSE. The stock is up 11.88 per cent in 2021 compared to a 1.37 per cent gain in NIFTY and a 6.66 per cent gain in the Nifty Media index.
On Wednesday, JSPL gained for a third straight session. The stock is quoted at Rs 472.75, up 1.67 per cent. The benchmark NIFTY is down around 0.4 per cent. The Sensex is at 60875.1, down 0.4 per cent. Jindal Steel & Power Ltd added around 12.67 per cent in October.
- How to choose the Best Stocks for Intraday F&O trading in India?
- Vedanta Outlook for the Week (May 06, 2024 – May 10, 2024)
- Tata Steel Outlook for the Week (May 06, 2024 – May 10, 2024)
- PFC Outlook for the Week (May 06, 2024 – May 10, 2024)
- Piramal Enterprises Outlook for the Week (May 06, 2024 – May 10, 2024)
Meanwhile, the Nifty Media index, of which JSPL is a constituent, added around 8.6 per cent in October and recently quoted at 6036.95, up 0.63 per cent. The volume in the stock stood at 18.82 lakh shares on 2 November compared to the daily average of 29.87 lakh shares in October.
In the November futures contract, the benchmark for the stock was quoted at Rs 474.85, up 1.49 per cent. Jindal Steel & Power Ltd is up 11.88 per cent in 2021 compared to a 1.37 per cent gain in NIFTY and a 6.66 per cent gain in the Nifty Media index.
As of June 2022, the private equity of the stock is six based on TTM earnings.