JINDAL STEEL & POWER Surges by 5%; BSE METAL Index Up 3.5%

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 STEEL & POWER Surges by 5%; BSE METAL Index Up 3.5%
Mon, 20 May 10:08 AM

JINDAL STEEL & POWER share price has zoomed 5% and is presently trading at Rs 165.

Meanwhile, the BSE METAL Index is at 10,830 (up 3.5%).

Among the top Gainers in the BSE METAL Index today are JINDAL STEEL & POWER (up 5.1%) and SAIL (up 5.5%).

Over the last one year, JINDAL STEEL & POWER has moved down from Rs 256 to Rs 165, registering a loss of Rs 92 (down 35.9%).

On the other hand, the BSE METAL has moved down from 13,945 to 10,830, loss of 3,115 points (down 22.4%) during the last 12 months.

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

FREE WebSummit: Is Gold Set to Hit Rs 75,000?

What About the Benchmark Indices?

The BSE Sensex is at 38,893 (up 2.2%).

The top gainers among the BSE Sensex stocks today are SBI (up 5.3%), L&T (up 5.1%) and TATA STEEL (up 4.7%). Other gainers include M&M (up 4.5%) and ICICI BANK (up 4.5%). The most traded stocks in the BSE Sensex are YES BANK and RELIANCE IND..

In the meantime, NSE Nifty is at 11,694 (up 2.3%). INDIABULLS HOU. FIN. (up 7.1%) and SBI (up 7.0%) are among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved up from 35,149 to 38,893, registering a gain of 3,744 points (up 10.3%).

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 127.9x.



What else is happening in the markets today? Dig in...

Equitymaster requests your view! Post a comment on "JINDAL STEEL & POWER Surges by 5%; BSE METAL Index Up 3.5%". Click here!

  

Stock Market Updates

AXIS BANK Surges by 14%; BSE BANKEX Index Up 8.2% (Today's Market)

May 27, 2020 02:15 PM

AXIS BANK share price has surged by 14% and its current market price is Rs 392. The BSE BANKEX is up by 8.2%. The top gainers in the BSE BANKEX Index is AXIS BANK (up 13.9%).

SBI Surges by 6%; BSE BANKEX Index Up 8.2% (Today's Market)

May 27, 2020 02:13 PM

SBI share price has surged by 6% and its current market price is Rs 160. The BSE BANKEX is up by 8.2%. The top gainers in the BSE BANKEX Index are SBI (up 5.9%) and KOTAK MAHINDRA BANK (up 7.3%).

PIRAMAL ENTERPRISES Surges by 5%; BSE HEALTHCARE Index Down 0.4% (Today's Market)

May 27, 2020 02:13 PM

PIRAMAL ENTERPRISES share price has surged by 5% and its current market price is Rs 952. The BSE HEALTHCARE is down by 0.4%. The top gainers in the BSE HEALTHCARE Index are PIRAMAL ENTERPRISES (up 5.1%) and GRANULES INDIA (up 5.6%). The top losers are GLENMARK PHARMA (down 0.2%) and CADILA HEALTHCARE (down 0.2%).

BSE Sensex Surges 1,040 Points; AXIS BANK Among Top Gainers (Today's Market)

May 27, 2020 02:13 PM

The BSE Sensex Surged 1,040 Points; AXIS BANK Among Top Gainers. Find the latest update, special reports and news on all time high gainers of BSE Sensex at equitymaster.com.

RBL BANK LTD Surges by 6%; BSE BANKEX Index Up 6.5% (Today's Market)

May 27, 2020 02:07 PM

RBL BANK LTD share price has surged by 6% and its current market price is Rs 117. The BSE BANKEX is up by 6.5%. The top gainers in the BSE BANKEX Index are RBL BANK LTD (up 6.1%) and KOTAK MAHINDRA BANK (up 6.2%).

Sensex Zooms Over 600 Points; Nifty Trades Above 9,200 Mark (Today's Market)

May 27, 2020 01:30 pm

Share markets in India have extended early gains and are presently trading on a strong note, lifted by private banks and finance stocks.

View More Indian Share Market News

Most Popular

Protect Your Wealth from Fund Managers(Fast Profits Daily)

May 14, 2020

Do you know how much you are paying in fees to your mutual fund? In this video I'll share with you my views.

How Commodity Prices Tell You When Stocks Will Go Up(Fast Profits Daily)

May 20, 2020

Commodity prices often provide clues to big moves in stock markets. In today's video, I'll explain this link.

This 'Essential Product' Smallcap is a Must Have for a 'Covid-19' Immune Portfolio(Profit Hunter)

May 19, 2020

This smallcap company needs no stimulus measures to do well in the long term.

Which Stocks Should You Buy, Sell, and Hold in the Market Today?(Profit Hunter)

May 21, 2020

The coronavirus led uncertainty refuses to go away from the markets. Here's what retail investors should do with their stocks...

Why Buffet - and you - should study Quantum Liquid Fund(The Honest Truth)

May 14, 2020

Ajit Dayal on how Quantum Liquid Fund and Warren Buffett have similar investing styles.

More

Get Rich as the
Market Rebounds from Covid-19

Coronavirus Rebound
Get this special guide, authored by Equitymaster's top analysts, now.
We will never sell or rent your email id.
Please read our Terms

S&P BSE SENSEX


May 27, 2020 02:15 PM

MARKET STATS