X

Sign up for Equitymaster's free daily newsletter, The 5 Minute WrapUp and get access to our latest Multibagger guide (2019 Edition) on picking money-making stocks.

This is an entirely free service. No payments are to be made.


Download Now Subscribe to our free daily e-letter, The 5 Minute WrapUp and get this complimentary report.
We hate spam as much as you do. Check out our Privacy Policy and Terms Of Use.
JINDAL STAINLESS Plunges by 6%; BSE METAL Index Up 0.5%

Helping You Build Wealth With Honest Research
Since 1996. Try Now

  • MyStocks

MEMBER'S LOGINX

     
Login Failure
   
     
   
     
 
 
 
(Please do not use this option on a public machine)
 
     
 
 
 
  Sign Up | Forgot Password?  

JINDAL STAINLESS Plunges by 6%; BSE METAL Index Up 0.5%
Thu, 14 Mar 03:06 PM

JINDAL STAINLESS share price has plunged 6% and is presently trading at Rs 42.

Meanwhile, the BSE METAL Index is at 11,284 (up 0.5%).

Among the top losers in the BSE METAL Index today is JINDAL STAINLESS (down 6.1%).

COAL INDIA (up 1.9%) and VEDANTA LTD (up 0.9%) are among the top gainers today.

Over the last one year, JINDAL STAINLESS has moved down from Rs 87 to Rs 42, registering a loss of Rs 46 (down 52.3%)..

The BSE METAL has moved down from 14,393 to 11,284, loss of 3,109 points (down 21.6%) during the last 12 months.

The top gainers among the BSE METAL Index stocks during this same period were [param_historic_top3].

What About the Benchmark Indices?

The BSE Sensex is at 37,908 . The top gainers among the BSE Sensex stocks today are NTPC (up 3.4%). The most traded stocks in the BSE Sensex are YES BANK and SUN PHARMA.

In the meantime, NSE Nifty is at 11,383 (up 0.1%). NTPC (up 3.6%) is among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved up from 33,857 to 37,908, registering a gain of 4,051 points (up 11.5%).

JINDAL STAINLESS Financial Update...

JINDAL STAINLESS net profit down at Rs 524 million for the quarter ended December 2018, compared to a loss of Rs 1 billion a year ago. Net Sales rose 4.9% to Rs 31.3 billion during the period as against Rs 29.9 billion in October-December 2017.

For the year ended March 2018, JINDAL STAINLESS reported 611.5% increase in net profit to Rs 3.3 billion compared to net profit of Rs 457.0 million during FY17.

Revenue of the company grew 19.1% to Rs 118 billion during FY18.

The current Price to earnings ratio of JINDAL STAINLESS, based on rolling 12 month earnings, stands at 8.4x.

Equitymaster requests your view! Post a comment on "JINDAL STAINLESS Plunges by 6%; BSE METAL Index Up 0.5%". Click here!

  

Stock Market Updates

Sensex Hits 40,000 as Modi Set to Return for Another Term; Banking and Energy Stocks Witness Buying (Today's Market)

May 23, 2019 12:30 pm

Share markets in India are presently trading on a positive note. The BSE Sensex and NSE Nifty opened at record high and went on to touch 40,000.

L&T at All Time High; BSE CAPITAL GOODS Index Up 2.6% (Today's Market)

May 23, 2019 12:14 PM

L&T share price has hit an all time high at Rs 1,560 (up 3.9%). The BSE CAPITAL GOODS Index is up by 2.6%. Among the top gainers in the BSE CAPITAL GOODS Index today are L&T (up 3.9%) and LAKSHMI MACHINE (up 0.1%). The top losers include FINOLEX CABLES (down 0.7%) and CG POWER & INDUSTRIAL (down 0.8%).

The BSE POWER Index has hit an all-time high at 1,977 (up 2.4%) (Today's Market)

May 23, 2019 11:52 AM

The BSE POWER Index has hit an all-time high at 1,977 (up 2.4%). Among the top gainers in the BSE POWER Index today are GMR INFRA and ADANI POWER. Meanwhile, the BSE Sensex has surged 1.2% to 40,125.

ASHOKA BUILDCON Surges by 5%; BSE REALTY Index Up 1.2% (Today's Market)

May 23, 2019 11:34 AM

ASHOKA BUILDCON share price has surged by 5% and its current market price is Rs 126. The BSE REALTY is up by 1.2%. The top gainers in the BSE REALTY Index is ASHOKA BUILDCON (up 5.0%). The top losers are GODREJ PROPERTIES (down 0.4%) and OBEROI REALTY (down 1.2%).

SBI at All Time High; BSE BANKEX Index Up 2.6% (Today's Market)

May 23, 2019 11:22 AM

SBI share price has hit an all time high at Rs 364 (up 4.0%). The BSE BANKEX Index is up by 2.6%. Among the top gainers in the BSE BANKEX Index today are SBI (up 4.0%) and HDFC BANK (up 0.3%). The top losers include [TOPLOSERS].

BHEL Surges by 5%; BSE CAPITAL GOODS Index Up 3.7% (Today's Market)

May 23, 2019 11:04 AM

BHEL share price has surged by 5% and its current market price is Rs 70. The BSE CAPITAL GOODS is up by 3.7%. The top gainers in the BSE CAPITAL GOODS Index are BHEL (up 5.3%) and SADBHAV ENGINEERING (up 5.4%). The top losers are CARBORUNDUM UNIVERSAL (down 0.6%) and FINOLEX CABLES (down 0.7%).

View More Indian Share Market News

Most Popular

My Top 7 Stocks to Profit from Sensex 100,000(The 5 Minute Wrapup)

May 16, 2019

Tanushree Banerjee explains everything you need to know about the Rebirth of India and Sensex 100,000.

3 Indian Stocks Replicating Amazon's Successful Strategy(The 5 Minute Wrapup)

May 10, 2019

The one critical element that has made Amazon a force to reckon with...

3 Stocks to Bet on to Become a 'Dividend Millionaire'(Profit Hunter)

May 14, 2019

As markets continue to rattle amid earning season, upcoming elections, volatile crude price and US China trade war, it's a great idea to add some stability to your portfolio by adding dividend stocks.

Indian Steel: The Perfect Multibagger Opportunity(Profit Hunter)

May 17, 2019

A structurally strong Indian Steel Industry will help India achieve 8%+ GDP growth in the coming years.

The Bitter Pill that Will Lay the Foundation for Sensex 100,000(The 5 Minute Wrapup)

May 14, 2019

These companies will help the Sensex more than double from current levels.

More

Get the Indian Stock Market's
Most Profitable Ideas

How To Beat Sensex Guide 2019
Get our special report, How to Beat Sensex Nearly 3X Now!
We will never sell or rent your email id.
Please read our Terms

S&P BSE SENSEX


May 23, 2019 01:13 PM

MARKET STATS