India's Jindal Stainless up after Q1 profit beat

Jindal Stainless

31/07/2024 06:30

** Shares of Jindal Stainless  JIST.NS  up 3.4% to 770
rupees, its biggest intraday pct gain since June 12
    ** Stainless-steel maker's Q1 profit beat analysts estimates
    ** JIST trading above 100-, 200- day moving avgs
    ** Avg rating of 8 analysts covering the stock is "Buy;"
their median PT is 742 rupees - LSEG
    ** Stock up 35% YTD; it rose 140% in 2023

 (Reporting by Aleef Jahan in Bengaluru)
 ((aleefjahan.cs@thomsonreuters.com))