JINDAL SAW Share Price Up by 13%; BSE METAL Index Up 3.2%
February 25, 2021 03:22 PM

JINDAL SAW share price has zoomed 13% and is presently trading at Rs 84.

Meanwhile, the BSE METAL Index is at 14,103 (up 3.2%).

Among the top Gainers in the BSE METAL Index today are JINDAL SAW (up 12.6%) and COAL INDIA (up 7.9%).

HINDUSTAN ZINC (down 0.1%) is among the top loser today.

Over the last one year, JINDAL SAW has moved down from Rs 86 to Rs 84, registering a loss of Rs 1 (down 2.7%).

On the other hand, the BSE METAL has moved up from 9,084 to 14,103, registering a gain of 5,019 points (up 54.9%) during the last 12 months.

The top buzzing stocks among the BSE METAL Index stocks during this same period were JINDAL STEEL & POWER (up 96.9%), HINDALCO (up 95.4%) and SAIL (up 86.0%).

What About the Benchmark Indices?

The BSE Sensex is at 51,386 (up 0.5%).

The top gainers among the BSE Sensex stocks today are ONGC (up 4.8%), NTPC (up 4.6%) and RELIANCE IND. (up 3.7%). Other gainers include INDUSIND BANK (up 3.7%) and AXIS BANK (up 3.1%). The most traded stocks in the BSE Sensex are ONGC and NTPC.

In the meantime, NSE Nifty is at 15,176 (up 0.7%). The top gainers in the NSE Nifty include COAL INDIA (up 8.1%), UPL (up 7.4%) and ADANI PORTS & SEZ (up 6.0%). Other gainers include HINDALCO (up 5.7%) and BPCL (up 5.3%) are among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved up from 40,363 to 51,386, registering a gain of 11,023 points (up 26.45%).

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 5.8x.