JINDAL SAW Share Price Up by 5%; BSE METAL Index Down 0.7%

Fri, 19 Feb 11:53 AM

JINDAL SAW share price has zoomed 5% and is presently trading at Rs 77.

Meanwhile, the BSE METAL Index is at 13,092 (down 0.7%).

Among the top Gainers in the BSE METAL Index today is JINDAL SAW (up 5.1%).

HINDALCO (down 0.1%) and JINDAL STEEL & POWER (down 0.1%) are among the top losers today.

Over the last one year, JINDAL SAW has moved down from Rs 91 to Rs 77, registering a loss of Rs 15 (down 16.2%).

On the other hand, the BSE METAL has moved up from 9,547 to 13,092, registering a gain of 3,545 points (up 36.1%) during the last 12 months.

The top buzzing stocks among the BSE METAL Index stocks during this same period were JINDAL STEEL & POWER (up 71.9%), HINDALCO (up 62.8%) and HINDUSTAN ZINC (up 61.7%).

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What About the Benchmark Indices?

The BSE Sensex is at 51,433 (down 0.1%).

The top gainers among the BSE Sensex stocks today are RELIANCE IND. (up 1.6%), NTPC (up 1.4%) and INDUSIND BANK (up 1.2%). Other gainers include BAJAJ FINSERV (up 1.2%) and HUL (up 1.1%). The most traded stocks in the BSE Sensex are NTPC and INDUSIND BANK.

In the meantime, NSE Nifty is at 15,144 (down 0.2%). The top gainers in the NSE Nifty include UPL (up 3.5%), GAIL (up 2.4%) and RELIANCE IND. (up 1.5%). Other gainers include INDUSIND BANK (up 1.2%) and HUL (up 1.1%) are among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved up from 41,056 to 51,433, registering a gain of 10,377 points (up 24.84%).

JINDAL SAW Financial Update...

JINDAL SAW net profit down at Rs 100 million for the quarter ended June 2020, compared to a loss of Rs 1 billion a year ago. Net Sales declined 50.2% to Rs 13.5 billion during the period as against Rs 27.0 billion in April-June 2019.

For the year ended March 2019, JINDAL SAW reported 311.2% increase in net profit to Rs 4.0 billion compared to net profit of Rs 968.0 million during FY18.

Revenue of the company grew 41.5% to Rs 121 billion during FY19.

The current Price to earnings ratio of JINDAL SAW, based on rolling 12 month earnings, stands at 5.3x.

Indian Share Market Update: Top Gainers and Losers

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