The scrip opened at Rs 338.0 and touched an intraday high and low of Rs 343.5 and Rs 332.8, respectively, in the session so far. Shares of the company of Jindal Steel & Power Ltd. quoted a 52-week high of Rs 346.95 and a 52-week low of Rs 62.1.
Total market cap of the Jindal Steel & Power stood at Rs 34,879.45 crore at the time of writing this report.
Key Financials
The company reported consolidated sales of Rs 10,898.7 crore for the quarter ended 31-Dec-2020, up 19.28 per cent from previous quarter’s Rs 9,137.43 crore and up 17.19 per cent from the year-ago quarter’s Rs 9,299.82 crore.
The net profit for latest quarter stood at Rs 2,254.66 crore.
Shareholding pattern
As of 31-Dec-2020, domestic institutional investors held 11.79 per cent stake in the company, while foreign institutional investors held 11.52 per cent and the promoters 53.77 per cent.
Valuation ratio
According to BSE data, the stock traded at a P/E multiple of 16.84 and a price-to-book ratio of 0.26. A higher P/E ratio shows investors are willing to pay a higher price because of better future growth expectations. Price-to-book value indicates the inherent value of a company and is the measure of the price that investors are ready to pay even for no growth in the business.
Jindal Steel & Power Ltd. belongs to the Steel – Integrated industry.
