JINDAL STAINLESS share price has zoomed 6% and is presently trading at Rs 42.
Meanwhile, the BSE METAL Index is at 9,925 (up 0.7%).
Among the top Gainers in the BSE METAL Index today is JINDAL STAINLESS (up 5.8%).
HINDUSTAN ZINC (down 0.9%) is among the top loser today.
Over the last one year, JINDAL STAINLESS has moved up from Rs 25 to Rs 42, registering a gain of Rs 18 (up 70.6%).
On the other hand, the BSE METAL has moved down from 10,380 to 9,925, loss of 455 points (down 4.4%) during the last 12 months.
The top gainers among the BSE METAL Index stocks during this same period were JINDAL STEEL & POWER (up 49.0%), NMDC LTD (up 22.9%) and SAIL (up 8.0%).
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The BSE Sensex is at 41,226 (up 0.2%).
The top gainers among the BSE Sensex stocks today are HDFC (up 2.0%), HCL TECHNOLOGIES (up 1.4%) and BAJAJ AUTO (up 1.2%). Other gainers include M&M (up 0.9%) and TCS (up 0.6%). The most traded stocks in the BSE Sensex are SUN PHARMA and HCL TECHNOLOGIES.
In the meantime, NSE Nifty is at 12,120 (up 0.3%). CIPLA (up 3.3%) is among the top gainers in NSE Nifty.
Over the last 12 months, the BSE Sensex has moved up from 36,617 to 41,226, registering a gain of 4,609 points (up 12.6%).
JINDAL STAINLESS net profit stood at Rs 668 million for the quarter ended June 2019, compared to a profit of Rs 524 million a year ago. Net Sales declined 2.2% to Rs 30.7 billion during the period as against Rs 31.3 billion in April-June 2018.
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 17.6x. 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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