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JINDAL STEEL & POWER Surges by 5%; BSE METAL Index Up 2.5%

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JINDAL STEEL & POWER Surges by 5%; BSE METAL Index Up 2.5%
Fri, 26 Apr 10:32 AM

JINDAL STEEL & POWER share price has zoomed 5% and is presently trading at Rs 176.

Meanwhile, the BSE METAL Index is at 11,411 (up 2.5%).

Among the top Gainers in the BSE METAL Index today are JINDAL STEEL & POWER (up 5.3%) and TATA STEEL (up 6.0%).

Over the last one year, JINDAL STEEL & POWER has moved down from Rs 249 to Rs 176, registering a loss of Rs 73 (down 29.3%).

On the other hand, the BSE METAL has moved down from 14,128 to 11,411, loss of 2,717 points (down 19.2%) 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 38,898 (up 0.3%).

The top gainers among the BSE Sensex stocks today are TATA STEEL (up 6.0%), AXIS BANK (up 1.5%) and SUN PHARMA (up 1.5%). Other gainers include NTPC (up 1.3%) and INFOSYS (up 1.1%). The most traded stocks in the BSE Sensex are YES BANK and TATA STEEL.

In the meantime, NSE Nifty is at 11,698 (up 0.4%). TATA STEEL (up 6.6%) and JSW STEEL (up 4.1%) are among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved up from 34,501 to 38,898, registering a gain of 4,397 points (up 12.6%).

JINDAL STEEL & POWER Financial Update...

JINDAL STEEL & POWER net profit down at Rs 872 million for the quarter ended December 2018, compared to a loss of Rs 4 billion a year ago. Net Sales rose 36.8% to Rs 95.7 billion during the period as against Rs 69.9 billion in October-December 2017.

For the year ended March 2018, JINDAL STEEL & POWER reported 52.2% decrease in net profit to Rs 10.4 billion compared to net profit of Rs 21.7 billion during FY17.

Revenue of the company grew 22.0% to Rs 284 billion during FY18.

The current Price to earnings ratio of JINDAL STEEL & POWER, based on rolling 12 month earnings, stands at down 136.6x.

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Stock Market Updates

Sensex Ends 140 Points Higher; Banking and Oil & Gas Stocks Witness Buying (Today's Market)

May 22, 2019 Closing

Indian share markets ended their day on a positive note today ahead of counting of Lok Sabha Election 2019 to be done tomorrow.

INDUSIND BANK Surges by 5%; BSE BANKEX Index Up 1.2% (Today's Market)

May 22, 2019 02:12 PM

INDUSIND BANK share price has surged by 5% and its current market price is Rs 1,536. The BSE BANKEX is up by 1.2%. The top gainers in the BSE BANKEX Index is INDUSIND BANK (up 5.3%). The top losers are YES BANK (down 1.2%) and PNB (down 1.6%).

RELIANCE POWER Surges by 5%; BSE POWER Index Up 0.4% (Today's Market)

May 22, 2019 02:06 PM

RELIANCE POWER share price has surged by 5% and its current market price is Rs 7. The BSE POWER is up by 0.4%. The top gainer in the BSE POWER Index is RELIANCE POWER (up 5.2%). The top losers are TORRENT POWER LTD (down 0.7%) and POWER GRID (down 0.8%).

BHARAT ELECTRONICS Surges by 5%; BSE CAPITAL GOODS Index Up 0.7% (Today's Market)

May 22, 2019 01:24 PM

BHARAT ELECTRONICS share price has surged by 5% and its current market price is Rs 102. The BSE CAPITAL GOODS is up by 0.7%. The top gainers in the BSE CAPITAL GOODS Index is BHARAT ELECTRONICS (up 5.2%). The top losers are FINOLEX CABLES and V GUARD INDUSTRIES (down 0.1%).

NAVA BHARAT VENTURES Surges by 12%; BSE 500 Index Up 0.1% (Today's Market)

May 22, 2019 01:16 PM

NAVA BHARAT VENTURES share price has surged by 12% and its current market price is Rs 105. The BSE 500 is up by 0.1%. The top gainers in the BSE 500 Index are NAVA BHARAT VENTURES (up 11.8%) and TIMKEN INDIA (up 20.0%). The top losers are BAJAJ HOLDINGS & INVESTMENT and SHOPPERS STOP .

CAPLIN POINT Surges by 6%; BSE HEALTHCARE Index Up 0.3% (Today's Market)

May 22, 2019 01:16 PM

CAPLIN POINT share price has surged by 6% and its current market price is Rs 390. The BSE HEALTHCARE is up by 0.3%. The top gainers in the BSE HEALTHCARE Index are CAPLIN POINT (up 6.1%) and J.B.CHEMICALS (up 5.5%). The top losers are GLENMARK PHARMA and SUVEN LIFESCIENCES (down 0.4%).

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