JINDAL STEEL & POWER share price has plunged 5% and is presently trading at Rs 309.
Meanwhile, the BSE METAL Index is at 12,085 (down 2.3%).
Among the top losers in the BSE METAL Index today are JINDAL STEEL & POWER (down 5.0%) and SAIL (down 7.2%).
Over the last one year, JINDAL STEEL & POWER has moved up from Rs 179 to Rs 309, registering a gain of Rs 130 (up 72.4%)..
The BSE METAL has moved up from 10,520 to 12,085, registering a gain of 1,565 points (up 14.9%) during the last 12 months.
The top buzzing stocks among the BSE METAL Index stocks during this same period were JINDAL STEEL & POWER (up 59.6%), JSW STEEL (up 41.5%) and TATA STEEL (up 33.6%).
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The BSE Sensex is at 49,677 (down 0.8%). The top gainers among the BSE Sensex stocks today are BAJAJ AUTO (up 6.9%). The most traded stocks in the BSE Sensex are INDUSIND BANK and BAJAJ AUTO.
In the meantime, NSE Nifty is at 14,620 (down 0.9%). BAJAJ AUTO (up 7.1%) and HERO MOTOCORP (up 4.2%) are among the top gainers in NSE Nifty.
Over the last 12 months, the BSE Sensex has moved up from 41,529 to 49,677, registering a gain of 8,148 points (up 18.49%).
JINDAL STEEL & POWER net profit declined 239.8% YoY to Rs 3 billion for the quarter ended March 2020, compared to a loss of Rs 2 billion a year ago. Net Sales declined 5.3% to Rs 88.1 billion during the period as against Rs 93.0 billion in January-March 2019.
For the year ended March 2019, JINDAL STEEL & POWER reported 10.0% decrease in net profit to Rs 9.3 billion compared to net profit of Rs 10.4 billion during FY18.
Revenue of the company grew 39.0% to Rs 395 billion during FY19.
The current Price to earnings ratio of JINDAL STEEL & POWER, based on rolling 12 month earnings, stands at down 69.3x. p >
What else is happening in the markets today? Dig in...
The week belonged to the bulls after bears ended the party in February. March started with gains for the bulls but historically, March has been a bears' month.
Indian share markets end lower with the Sensex down by 441 points and the Nifty ending down by 143 points.
GRINDWELL NORTON share price is trading down by 5% and its current market price is Rs 950. The BSE CAPITAL GOODS is down by 1.5%. The top gainers in the BSE CAPITAL GOODS Index are V GUARD INDUSTRIES (up 3.3%) and AIA ENGINEERING (up 0.3%). The top losers is GRINDWELL NORTON (down 5.1%).
ADITYA BIRLA CAPITAL share price is trading down by 5% and its current market price is Rs 131. The BSE 500 is down by 1.1%. The top gainers in the BSE 500 Index are TV18 BROADCAST (up 7.3%) and MOTILAL OSWAL (up 5.9%). The top losers are ADITYA BIRLA CAPITAL (down 5.0%) and APOLLO HOSPITALS (down 5.2%).
HAVELLS INDIA share price is trading down by 5% and its current market price is Rs 1,163. The BSE CONSUMER DURABLES is down by 0.7%. The top gainers in the BSE CONSUMER DURABLES Index are BLUE STAR (up 1.7%) and CROMPTON GREAVES CONSUMER ELEC. (up 1.3%). The top losers is HAVELLS INDIA (down 5.1%).
BALMER LAWRIE share price is trading down by 5% and its current market price is Rs 148. The BSE 500 is down by 1.1%. The top gainers in the BSE 500 Index are TV18 BROADCAST (up 6.8%) and MOTILAL OSWAL (up 6.1%). The top losers are BALMER LAWRIE (down 5.0%) and APOLLO HOSPITALS (down 5.5%).
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