JINDAL STAINLESS Surges by 6%; BSE METAL Index Up 0.1%

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 Surges by 6%; BSE METAL Index Up 0.1%
Wed, 20 Mar 09:20 AM

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

Meanwhile, the BSE METAL Index is at 11,308 (up 0.1%).

Among the top Gainers in the BSE METAL Index today is JINDAL STAINLESS (up 5.9%).

HINDUSTAN ZINC (down 0.2%) and TATA STEEL (down 0.2%) are among the top losers today.

Over the last one year, JINDAL STAINLESS has moved down from Rs 86 to Rs 42, registering a loss of Rs 45 (down 53.2%).

On the other hand, the BSE METAL has moved down from 13,550 to 11,308, loss of 2,242 points (down 16.6%) during the last 12 months.

The top gainers among the BSE METAL Index stocks during this same period were JSW STEEL (up 1.9%) and NMDC LTD (up 0.9%).

One Stock Crorepati: Watch the Replay to Discover This Rare Opportunity

What About the Benchmark Indices?

The BSE Sensex is at 38,434 (up 0.2%).

The top gainers among the BSE Sensex stocks today are NTPC (up 1.0%), TATA MOTORS DVR (up 0.9%) and INFOSYS (up 0.7%). Other gainers include L&T (up 0.6%) and HDFC (up 0.4%). The most traded stocks in the BSE Sensex are HDFC BANK and YES BANK.

In the meantime, NSE Nifty is at 11,556 . INDIABULLS HOU. FIN. (up 2.0%) is among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved up from 32,923 to 38,434, registering a gain of 5,511 points (up 16.7%).

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 8.7x.



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

Equitymaster requests your view! Post a comment on "JINDAL STAINLESS Surges by 6%; BSE METAL Index Up 0.1%". Click here!

  

Stock Market Updates

BHARTI AIRTEL Plunges by 5%; BSE 500 Index Up 0.8% (Today's Market)

May 26, 2020 01:06 PM

BHARTI AIRTEL share price has plunged by 5% and its current market price is Rs 576. The BSE 500 is up by 0.8%. The top gainers in the BSE 500 Index are BIRLA CORPORATION (up 12.9%) and BAYER CROPSCIENCE (up 12.0%). The top losers is BHARTI AIRTEL (down 5.1%).

YES BANK Surges by 5%; BSE BANKEX Index Up 1.5% (Today's Market)

May 26, 2020 12:50 PM

YES BANK share price has surged by 5% and its current market price is Rs 28. The BSE BANKEX is up by 1.5%. The top gainers in the BSE BANKEX Index is YES BANK (up 5.1%). The top losers are KOTAK MAHINDRA BANK (down 0.3%) and CITY UNION BANK (down 2.9%).

ECLERX SERVICES Surges by 5%; BSE IT Index Down 0.6% (Today's Market)

May 26, 2020 12:40 PM

ECLERX SERVICES share price has surged by 5% and its current market price is Rs 414. The BSE IT is down by 0.6%. The top gainers in the BSE IT Index is ECLERX SERVICES (up 5.2%). The top losers are TECH MAHINDRA (down 0.1%) and PERSISTENT SYSTEMS (down 0.2%).

Indian Indices Erase Gains; Telecom & IT Stocks Under Pressure (Today's Market)

May 26, 2020 12:30 pm

Share markets in India have erased early morning gains but are still trading on a positive note. Benchmark indices surged in early trade today, tracking gains in Asian peers.

EICHER MOTOR Surges by 5%; BSE AUTO Index Up 1.0% (Today's Market)

May 26, 2020 12:02 PM

EICHER MOTOR share price has surged by 5% and its current market price is Rs 14,626. The BSE AUTO is up by 1.0%. The top gainers in the BSE AUTO Index is EICHER MOTOR (up 5.0%). The top losers are TVS MOTORS (down 0.4%) and ASHOK LEYLAND (down 0.8%).

BAYER CROPSCIENCE Surges by 10%; BSE 500 Index Up 0.6% (Today's Market)

May 26, 2020 11:56 AM

BAYER CROPSCIENCE share price has surged by 10% and its current market price is Rs 4,918. The BSE 500 is up by 0.6%. The top gainers in the BSE 500 Index are BAYER CROPSCIENCE (up 10.3%) and TVS SRICHAKRA (up 15.4%). The top losers are PVR LTD and V GUARD INDUSTRIES (down 0.1%).

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.

Of India's 20 Trillion Stimulus Package and the Swoosh Index for a Swoosh Recovery(Profit Hunter)

May 13, 2020

For India's rapid economic recovery, hopping on to the Swoosh index is a must.

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.

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

How to Trade the
Coronavirus Crash

Coronavirus Crash
Get this special report, 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 26, 2020 01:39 PM

MARKET STATS