Prices of steel scrips increased on Friday in a pre-Budget rally. The stocks turned green on Thursday after a 2-day long red spell.
The S&P BSE Metal index increased 110.35 points (1.66%) to close at 6,749.02 on February 26 from the previous closing of 6,638.67. The highs and lows on February 26 were 6,770.38 and 6,637.58 respectively.
Global markets such as CAC, DAX and FTSE as well as the Indian Sensex all closed nearly 1.5-2% up on Friday from the previous close.
The Sensex increased 178.30 points (0.78%) to close at 23,154.30.
On February 26, most of the stocks on the S&P BSE Metal closed in the green. The maximum gain was registered by Coal India, with the stock increasing 3.96% to close at Rs 311.29. The maximum loss was registered by JSW Steel, which decreased 2.21% to close at Rs 1,100.05
Movement of S&P BSE Metal over the last one year:
Price movements of stocks on S&P BSE Metal On February 26:
Company Name |
Industry |
Last |
Change |
%Chg |
Mkt Cap |
|
|
Price |
|
|
(Rs cr) |
Coal India |
Mining & Minerals |
311.35 |
11.85 |
3.96 |
196660 |
Hind Zinc |
Metals - Non Ferrous |
163.85 |
0.15 |
0.09 |
69231.85 |
Hindalco |
Aluminium |
69.45 |
2.25 |
3.35 |
13248.86 |
Jindal Steel |
Steel - Sponge Iron |
53.45 |
-0.85 |
-1.57 |
4890.16 |
JSW Steel |
Steel - Large |
1100.05 |
-24.9 |
-2.21 |
26590.63 |
NALCO |
Aluminium |
33.25 |
0.5 |
1.53 |
8569.32 |
NMDC |
Mining & Minerals |
79.95 |
-1.05 |
-1.3 |
31697.9 |
SAIL |
Steel - Large |
34.7 |
0.15 |
0.43 |
14332.92 |
Tata Steel |
Steel - Large |
248.4 |
0.35 |
0.14 |
24124.99 |
Vedanta |
Mining & Minerals |
71.8 |
2.2 |
3.16 |
19623.51 |