JINDAL SAW LTD share price has zoomed 6% and is presently trading at Rs 91.
Meanwhile, the BSE METAL Index is at 11,859 (up 0.4%).
Among the top Gainers in the BSE METAL Index today is JINDAL SAW LTD (up 5.7%).
JSW STEEL (down 0.1%) and NALCO (down 0.2%) are among the top losers today.
Over the last one year, JINDAL SAW LTD has moved down from Rs 135 to Rs 91, registering a loss of Rs 44 (down 33.1%).
On the other hand, the BSE METAL has moved down from 14,096 to 11,859, loss of 2,237 points (down 16.5%) during the last 12 months.
The top gainers among the BSE METAL Index stocks during this same period were [param_historic_top3].
The top gainers among the BSE Sensex stocks today are INDUSIND BANK (up 3.2%), ICICI BANK (up 3.1%) and ASIAN PAINTS (up 1.8%). Other gainers include L&T (up 1.7%) and TCS (up 1.7%). The most traded stocks in the BSE Sensex are YES BANK and ICICI BANK.
In the meantime, NSE Nifty is at 11,787 (up 0.8%). ICICI BANK (up 3.3%) is among the top gainers in NSE Nifty.
JINDAL SAW LTD net profit stood at Rs 2 billion for the quarter ended December 2018, compared to a profit of Rs 962 million a year ago. Net Sales rose 10.7% to Rs 23.4 billion during the period as against Rs 21.1 billion in October-December 2017.
For the year ended March 2018, JINDAL SAW LTD reported 125.1% increase in net profit to Rs 968.0 million compared to net profit of Rs 430.0 million during FY17.
Revenue of the company grew 16.2% to Rs 85 billion during FY18.
The current Price to earnings ratio of JINDAL SAW LTD, based on rolling 12 month earnings, stands at 5.7x.
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