Steel Authority of India Ltd is up for a fifth straight session today. The stock is quoting at Rs 147.96, up 0.66% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is up around 0.05% on the day, quoting at 26142.3. The Sensex is at 85270.39, up 0.06%. Steel Authority of India Ltd has gained around 11.7% in last one month.
Meanwhile, Nifty Metal index of which Steel Authority of India Ltd is a constituent, has gained around 8.66% in last one month and is currently quoting at 11167.65, up 0.38% on the day. The volume in the stock stood at 147.21 lakh shares today, compared to the daily average of 173.8 lakh shares in last one month.
The benchmark January futures contract for the stock is quoting at Rs 149.25, up 0.94% on the day. Steel Authority of India Ltd is up 29.71% in last one year as compared to a 8.08% jump in NIFTY and a 28.5% jump in the Nifty Metal index.
The PE of the stock is 22.95 based on TTM earnings ending September 25.
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