Thu, 22 Jul 10:24 AM
JINDAL STAINLESS share price has zoomed 7% and is presently trading at Rs 131.
Meanwhile, the BSE METAL Index is at 19,204 (up 2.3%).
Among the top Gainers in the BSE METAL Index today is JINDAL STAINLESS (up 6.9%).
Over the last one year, JINDAL STAINLESS has moved up from Rs 38 to Rs 131, registering a gain of Rs 93 (up 242.5%).
On the other hand, the BSE METAL has moved up from 7,635 to 19,204, registering a gain of 11,569 points (up 151.3%) during the last 12 months.
The top buzzing stocks among the BSE METAL Index stocks during this same period were TATA STEEL (up 258.9%), SAIL (up 253.4%) and JSW STEEL (up 239.0%).
What About the Benchmark Indices?
The BSE Sensex is at 52,774 (up 1.1%).
The top gainers among the BSE Sensex stocks today are BAJAJ FINANCE (up 4.0%), TATA STEEL (up 2.6%) and TITAN (up 2.4%). Other gainers include ICICI BANK (up 1.9%) and ONGC (up 1.8%). The most traded stocks in the BSE Sensex are ONGC and ITC.
In the meantime, NSE Nifty is at 15,800 (up 1.0%). The top gainers in the NSE Nifty include BAJAJ FINANCE (up 3.8%), HINDALCO (up 2.5%) and JSW STEEL (up 2.4%). Other gainers include TATA STEEL (up 2.3%) and TITAN (up 2.2%) are among the top gainers in NSE Nifty.
Over the last 12 months, the BSE Sensex has moved up from 37,419 to 52,774, registering a gain of 15,355 points (up 40.98%).
JINDAL STAINLESS Financial Update…
JINDAL STAINLESS net profit stood at Rs 3 billion for the quarter ended March 2021, compared to a profit of Rs 2 billion a year ago. Net Sales rose 9.2% to Rs 39.1 billion during the period as against Rs 35.8 billion in January-March 2020.
For the year ended March 2020, JINDAL STAINLESS reported 39.4% decrease in net profit to Rs 805.0 million compared to net profit of Rs 1.3 billion during FY19.
Revenue of the company grew 4.5% to Rs 130 billion during FY20.
The current Price to earnings ratio of JINDAL STAINLESS, based on rolling 12 month earnings, stands at 15.4x.<!–
What else is happening in the markets today? Dig in…
Stock Market Updates
Jul 22, 2021 Closing
Indian share markets witnessed positive trading activity throughout the day today and ended higher.
Jul 22, 2021 12:30 pm
BSE Sensex is trading up by 616 points, while the NSE Nifty is up by 181 points.
Sensex Gains 450 Points, Nifty Above 15,750; Bajaj Finance & Tata Steel Top Gainers (Today’s Market)
Jul 22, 2021 09:30 am
Indian share markets open strong. The BSE Sensex opened up by 425 points, while the Nifty is trading higher by 129 points.
Jul 22, 2021 09:44 AM
ECLERX SERVICES share price has hit a 52-week high. It is presently trading at Rs 2,314. BSE 500 Index is up by 0.9% at 21,674. Within the BSE 500, ECLERX SERVICES (up 0.4%) and IDFC (up 17.8%) are among the top gainers, while top losers are DHFL and ADANI TRANSMISSION.
Jul 22, 2021 09:38 AM
MPHASIS share price has hit an all time high at Rs 2,440 (up 0.9%). The BSE IT Index is up by 1.0%. Among the top gainers in the BSE IT Index today are MPHASIS (up 0.9%) and COFORGE (up 0.5%). The top losers include HEXAWARE TECHNOLOGIES and HCL TECHNOLOGIES (down 0.3%).
Jul 22, 2021 09:38 AM
JSW ENERGY share price has hit an all time high at Rs 207 (up 2.0%). The BSE POWER Index is down by 0.6%. Among the top gainers in the BSE POWER Index today are JSW ENERGY (up 2.0%) and SIEMENS (up 0.9%). The top losers include RELIANCE INFRA (down 0.5%) and TORRENT POWER (down 0.7%).