Jindal Steel & Power Ltd (JSPL) has added 9.38 per cent over August compared to a 1.69 per cent gain in the S&P BSE Metal index and 0.11 per cent rise in the SENSEX.
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On Tuesday, Jindal Steel & Power Ltd gained 2.29 per cent to trade at Rs 441.9. The S&P BSE Metal index is up 1.46 per cent to quote at 19201.27. The index is up 1.69 per cent over August month. Some other companies, Hindalco Industries Ltd increased 2.28 per cent, and National Aluminium Company Ltd added 2.02 per cent. The S&P, BSE Metal index went up 0.61 per cent over FY22 compared to the 2.08 per cent surge in benchmark SENSEX.
In August, JSPL added 9.38 per cent compared to a 1.69 per cent gain in the S&P BSE Metal index and a 0.11 per cent rise in the SENSEX. On the Bombay Stock Exchange (BSE), 12875 shares were traded compared to averagely volumes of 2 lakh in August. The company’s stock hit a record high of Rs 577.7 on 11 Apr 2022, and on 22 June 2022, the stock hit a 52-week low of Rs 304.2.
