Jindal Stainless is currently trading at Rs. 149.00, up by 1.85 points or 1.26% from its previous closing of Rs. 147.15 on the BSE.
The scrip opened at Rs. 142.85 and has touched a high and low of Rs. 151.00 and Rs. 141.00 respectively. So far 339992 shares were traded on the counter.
The BSE group ‘A’ stock of face value Rs. 2 has touched a 52 week high of Rs. 224.60 on 08-Feb-2022 and a 52 week low of Rs. 95.05 on 20-Jun-2022.
Last one week high and low of the scrip stood at Rs. 151.95 and Rs. 137.15 respectively. The current market cap of the company is Rs. 7824.63 crore.
The promoters holding in the company stood at 70.10%, while Institutions and Non-Institutions held 19.19% and 10.54% respectively.
Jindal Stainless has reported results for second quarter ended September 30, 2022. The company has reported a fall of 47.82% in its net profit at Rs 189.21 crore for the quarter under review as compared to Rs 362.63 crore for the same quarter in the previous year.
However, total income of the company increased by 13.05% at Rs 5459.76 crore for Q2FY23 as compared Rs 4829.54 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported fall of 63.11% in its net profit at Rs 151.84 crore for the quarter under review as compared to Rs 411.62 crore for the same quarter in the previous year.
However, total income of the company increased by 11.52% at Rs 5621.97 crore for Q2FY23 as compared Rs 5041.26 crore for the corresponding quarter previous year.