JSW STEEL at All Time High; BSE METAL Index Up 1.7%

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?  

JSW STEEL at All Time High; BSE METAL Index Up 1.7%
Thu, 8 Apr 09:52 AM

JSW STEEL share price has hit an all-time high at Rs 574 (up 0.5%).

Meanwhile, the BSE METAL Index is at 15,950 (up 1.7%).

Among the top gainers in the BSE METAL Index today are JSW STEEL (up 0.5%) and TATA STEEL (up 1.6%).

Over the last one year, JSW STEEL has moved up from Rs 158 to Rs 574, registering a gain of Rs 416 (up 257.2%).

The BSE METAL has moved up from 5,911 to 15,950, registering a gain of 10,039 points (up 169.1%) during the last 12 months.

The top gainers among the BSE METAL Index stocks during this same period were JINDAL STEEL & POWER (up 385.2%), SAIL (up 275.9%) and VEDANTA (up 264.8%).

Get Details: We are Bullish on These 3 Little-known Stocks

What About the Benchmark Indices?

The BSE Sensex is at 50,062 (up 0.7%). The top gainers among the BSE Sensex stocks today are TECH MAHINDRA (up 2.0%), BAJAJ FINSERV (up 1.7%) and TCS (up 1.6%). Other gainers include TATA STEEL (up 1.6%) and HDFC (up 1.5%). The most traded stocks in the BSE Sensex are ICICI BANK and INFOSYS.

In the meantime, NSE Nifty is at 14,939 (up 0.7%). The top gainers in the NSE Nifty include HINDALCO (up 2.7%), TATA MOTORS (up 2.2%) and TECH MAHINDRA (up 2.0%). Other gainers include TATA STEEL (up 1.7%) and BAJAJ FINSERV (up 1.7%).

Over the last 12 months, the BSE Sensex has moved up from 30,067 to 50,062, registering a gain of 19,995 points (up 66.3%).

JSW STEEL Financial Update...

JSW STEEL net profit stood at Rs 27 billion for the quarter ended December 2020, compared to a profit of Rs 2 billion a year ago. Net Sales rose 21.1% to Rs 218.6 billion during the period as against Rs 180.6 billion in October-December 2019.

For the year ended March 2019, JSW STEEL reported 19.2% increase in net profit to Rs 75.5 billion compared to net profit of Rs 63.4 billion during FY18.

Revenue of the company grew 15.8% to Rs 848 billion during FY19.

The current Price to earnings ratio of JSW STEEL, based on rolling 12 month earnings, stands at 34.7x.



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

Equitymaster requests your view! Post a comment on "JSW STEEL at All Time High; BSE METAL Index Up 1.7%". Click here!

  

Stock Market Updates

Sensex Zooms 650 Points, Reclaims 50,000 Mark; Bajaj Finance & IndusInd Bank Top Gainers (Today's Market)

May 18, 2021 09:30 am

Asian share markets rose in early trade today, shrugging off worries about an increase in regional coronavirus infections and a subdued session on Wall Street.

BLISS GVS PHARMA Share Price Up by 6%; BSE HEALTHCARE Index Up 0.4% (Today's Market)

May 18, 2021 09:48 AM

BLISS GVS PHARMA share price is trading up by 6% and its current market price is Rs 115. The BSE HEALTHCARE is up by 0.4%. The top gainers in the BSE HEALTHCARE Index are BLISS GVS PHARMA (up 6.2%) and SHILPA MEDICARE (up 7.3%). The top losers are APOLLO HOSPITALS and ABBOTT INDIA (down 0.1%).

FEDERAL BANK Share Price Up by 5%; BSE BANKEX Index Up 1.6% (Today's Market)

May 18, 2021 09:40 AM

FEDERAL BANK share price is trading up by 5% and its current market price is Rs 86. The BSE BANKEX is up by 1.6%. The top gainers in the BSE BANKEX Index is FEDERAL BANK (up 5.3%).

HINDUSTAN COPPER Share Price Up by 5%; BSE METAL Index Up 2.7% (Today's Market)

May 18, 2021 09:38 AM

HINDUSTAN COPPER share price is trading up by 5% and its current market price is Rs 179. The BSE METAL is up by 2.7%. The top gainers in the BSE METAL Index is HINDUSTAN COPPER (up 5.2%).

ADANI TRANSMISSION at All Time High; BSE POWER Index Up 2.0% (Today's Market)

May 18, 2021 09:34 AM

ADANI TRANSMISSION share price has hit an all time high at Rs 1,245 (up 3.5%). The BSE POWER Index is up by 2.0%. Among the top gainers in the BSE POWER Index today are ADANI TRANSMISSION (up 3.5%) and SIEMENS (up 0.2%). The top losers include KALPATARU POWER (down 0.2%) and RELIANCE INFRA (down 1.1%).

GUJARAT PIPAVAV PORT Share Price Up by 5%; BSE REALTY Index Up 1.2% (Today's Market)

May 18, 2021 09:24 AM

GUJARAT PIPAVAV PORT share price is trading up by 5% and its current market price is Rs 103. The BSE REALTY is up by 1.2%. The top gainers in the BSE REALTY Index is GUJARAT PIPAVAV PORT (up 5.0%).

View More Indian Share Market News

Most Popular

Is Intraday Trading For You?(Fast Profits Daily)

May 13, 2021

Do you think you have what it takes to be an intraday trader? Find out in this video.

My Secret to Find Breakthrough Stocks(Fast Profits Daily)

May 7, 2021

I've used this trading technique for many years with great success. I'm sharing it with you today.

Are the Stock Markets Deaf to Covid Agony?(Profit Hunter)

May 6, 2021

Why are markets discounting the economic impact of Covid?

The Key to Profit from India's EV Revolution(Profit Hunter)

May 7, 2021

Stocks you must consider investing in before buying your first electric vehicle.

More

India's #1 Trader
Reveals His Secrets

Secret To Increasing Your Trading Profits Today
Get this Special Report,
The Secret to Increasing Your Trading Profits Today, Now!
We will never sell or rent your email id.
Please read our Terms

S&P BSE SENSEX


May 18, 2021 01:26 PM

MARKET STATS