TATA STEEL Share Price Up by 5%; BSE METAL Index Up 3.6%

Helping You Build Wealth With Honest Research
Since 1996. Try Now

  • MyStocks


Login Failure
(Please do not use this option on a public machine)
  Sign Up | Forgot Password?  

Markets will remain closed on 21st April, 2021 on account of Ram Navami.

TATA STEEL Share Price Up by 5%; BSE METAL Index Up 3.6%
Wed, 3 Mar 09:51 AM

TATA STEEL share price has zoomed 5% and is presently trading at Rs 777.

Meanwhile, the BSE METAL Index is at 14,619 (up 3.6%).

Among the top Gainers in the BSE METAL Index today are TATA STEEL (up 5.5%) and NALCO (up 6.6%).

Over the last one year, TATA STEEL has moved up from Rs 364 to Rs 777, registering a gain of Rs 413 (up 113.0%).

On the other hand, the BSE METAL has moved up from 8,072 to 14,619, registering a gain of 6,547 points (up 80.8%) during the last 12 months.

The top buzzing stocks among the BSE METAL Index stocks during this same period were HINDALCO (up 137.6%), SAIL (up 131.1%) and JINDAL STEEL & POWER (up 130.7%).

10 Charts, 1 Growth Story: Join us for an Exclusive Webinar LIVE on April 23rd @6pm

What About the Benchmark Indices?

The BSE Sensex is at 50,776 (up 0.5%).

The top gainers among the BSE Sensex stocks today are TATA STEEL (up 5.5%), HDFC (up 1.4%) and AXIS BANK (up 1.4%). Other gainers include SBI (up 1.2%) and ULTRATECH CEMENT (up 1.2%). The most traded stocks in the BSE Sensex are NTPC and TATA STEEL.

In the meantime, NSE Nifty is at 15,065 (up 0.7%). The top gainers in the NSE Nifty include TATA STEEL (up 4.9%), JSW STEEL (up 4.6%) and HINDALCO (up 2.8%). Other gainers include ADANI PORTS & SEZ (up 2.3%) and TATA MOTORS (up 2.3%) are among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved up from 38,144 to 50,776, registering a gain of 12,632 points (up 32.53%).

TATA STEEL Financial Update...

TATA STEEL net profit declined 428.8% YoY to Rs 39 billion for the quarter ended December 2020, compared to a loss of Rs 12 billion a year ago. Net Sales rose 11.5% to Rs 395.9 billion during the period as against Rs 355.2 billion in October-December 2019.

For the year ended March 2020, TATA STEEL reported 97.9% increase in net profit to Rs 187.8 billion compared to net profit of Rs 94.9 billion during FY19.

Revenue of the company grew 11.3% to Rs 1,398 billion during FY20.

The current Price to earnings ratio of TATA STEEL, based on rolling 12 month earnings, stands at down 190.3x.

What else is happening in the markets today? Dig in...

Equitymaster requests your view! Post a comment on "TATA STEEL Share Price Up by 5%; BSE METAL Index Up 3.6%". Click here!


Stock Market Updates

Sensex Ends 244 Points Lower, Nifty Ends Below 14,300; UltraTech Cement & HCL Tech Top Losers (Today's Market)

Apr 20, 2021 Closing

Indian share markets witnessed volatile trading activity throughout the day today and ended lower.

Sensex Trades On a Volatile Note, Dow Futures Up by 68 Points (Today's Market)

Apr 20, 2021 12:30 pm

BSE Sensex is trading up by 11 points, while the NSE Nifty is trading up by 13 points.

WOCKHARDT Share Price Up by 13%; BSE HEALTHCARE Index Up 1.4% (Today's Market)

Apr 20, 2021 12:42 PM

WOCKHARDT share price is trading up by 13% and its current market price is Rs 527. The BSE HEALTHCARE is up by 1.4%. The top gainers in the BSE HEALTHCARE Index are WOCKHARDT (up 12.6%) and ASTRAZENECA PHARMA (up 5.7%). The top losers are GSK PHARMA and ALKEM LABORATORIES (down 0.1%).

Sensex Opens 440 Points Higher; Nestle India and ACC Among Top Stocks in Focus (Today's Market)

Apr 20, 2021 09:30 am

Indian share markets open in green. The BSE Sensex opened up by 440 points, while the Nifty is trading higher by 133 points.

SOBHA Share Price Up by 8%; BSE REALTY Index Up 1.3% (Today's Market)

Apr 20, 2021 09:50 AM

SOBHA share price is trading up by 8% and its current market price is Rs 536. The BSE REALTY is up by 1.3%. The top gainers in the BSE REALTY Index is SOBHA (up 7.6%). The top losers are PHOENIX MILL (down 0.1%) and OMAXE (down 4.0%).

CIPLA at All Time High; BSE HEALTHCARE Index Up 1.1% (Today's Market)

Apr 20, 2021 09:44 AM

CIPLA share price has hit an all time high at Rs 966 (up 0.6%). The BSE HEALTHCARE Index is up by 1.1%. Among the top gainers in the BSE HEALTHCARE Index today are CIPLA (up 0.6%) and ABBOTT INDIA (up 1.1%). The top losers include PROCTER & GAMBLE HEALTH (down 0.3%) and BIOCON (down 0.3%).

View More Indian Share Market News

Most Popular

India: Recovery Stalled by Vaccine Games?(The Honest Truth)

Apr 13, 2021

Ajit Dayal on how India's vaccine strategy will impact the markets.

A Stock with 700% Return Potential Comes with Additional Payoffs(Profit Hunter)

Apr 15, 2021

Narayana Murthy was one of the first unicorn founders to get the backing of this entity...

11x Bankruptcy to Bluechip Stock: A Rare India Revival Story(Profit Hunter)

Apr 16, 2021

There is no stopping this 11-bagger stock from significant upside.

Top 3 Nifty ETFs to Buy Now(Fast Profits Daily)

Apr 20, 2021

In this video I tell you the three Nifty ETFs I think are the best.

Why Did the Market Crash on Monday?(Fast Profits Daily)

Apr 13, 2021

In this video, I'll you what I think is the real reason behind yesterday's market crash.


India's #1 Trader
Reveals His Secrets

Secret To Increasing Your Trading Profits Today
Get this Special Report,
The Secret to Increasing Your Trading Profits Today, Now!
We will never sell or rent your email id.
Please read our Terms


Apr 20, 2021 (Close)