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.

• Kotak Mahindra Bank Shares Crash 13% Post RBI Action 
• Nestle India Joins Hands With Dr Reddy for Nutritional Health Solutions 
• Inox Wind Shares Traded 9% Higher On Board Proposal For Bonus Shares Issuance
• Nestle India Stocks Gained 3% on Q4FY24 Business and Financial Updates
• Rail Vikas Nigam Shares Gain 3% on Securing Project Worth Rs 239 Crore 

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.