TATA STEEL share price has zoomed 5% and is presently trading at Rs 377.
Meanwhile, the BSE METAL Index is at 7,967 (up 2.4%).
Among the top Gainers in the BSE METAL Index today is TATA STEEL (up 5.2%).
HINDUSTAN ZINC (down 1.0%) is among the top loser today.
Over the last one year, TATA STEEL has moved down from Rs 433 to Rs 377, registering a loss of Rs 56 (down 13.0%).
On the other hand, the BSE METAL has moved down from 9,774 to 7,967, loss of 1,807 points (down 18.5%) during the last 12 months.
The top gainers among the BSE METAL Index stocks during this same period were JINDAL STEEL & POWER (up 35.7%).
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The BSE Sensex is at 38,617 (down 0.4%).
The top gainers among the BSE Sensex stocks today are TATA STEEL (up 5.2%), INDUSIND BANK (up 5.2%) and SBI (up 3.0%). Other gainers include L&T (up 2.5%) and ULTRATECH CEMENT (up 2.3%). The most traded stocks in the BSE Sensex are SBI and NTPC.
In the meantime, NSE Nifty is at 11,341 (down 0.3%). The top gainers in the NSE Nifty include TATA STEEL (up 5.0%), INDUSIND BANK (up 4.9%) and GRASIM (up 3.1%). Other gainers include BHARTI INFRATEL (up 3.0%) and SBI (up 2.6%) are among the top gainers in NSE Nifty.
Over the last 12 months, the BSE Sensex has moved up from 37,686 to 38,617, registering a gain of 931 points (up 1.78%).
TATA STEEL net profit down at Rs 13 billion for the quarter ended March 2020, compared to a loss of Rs 12 billion a year ago. Net Sales declined 7.5% to Rs 328.7 billion during the period as against Rs 355.2 billion in January-March 2019.
For the year ended March 2019, TATA STEEL reported 19.1% increase in net profit to Rs 94.9 billion compared to net profit of Rs 79.6 billion during FY18.
Revenue of the company grew 27.0% to Rs 1,577 billion during FY19.
The current Price to earnings ratio of TATA STEEL, based on rolling 12 month earnings, stands at 202.2x. p >
What else is happening in the markets today? Dig in...
Indian share markets witnessed huge buying interest during the extended closing hours today and ended their day on a strong note.
The BSE Sensex is trading up by 477 points, while the NSE Nifty is trading up by 135 points.
SIEMENS share price has hit an all time high at Rs 1,922 (up 1.7%). The BSE CAPITAL GOODS Index is up by 0.5%. Among the top gainers in the BSE CAPITAL GOODS Index today are SIEMENS (up 1.7%) and HONEYWELL AUTOMATION (up 1.9%). The top losers include HAVELLS INDIA (down 0.2%) and GRAPHITE INDIA (down 0.2%).
MUTHOOT FINANCE share price is trading down by 6% and its current market price is Rs 1,315. The BSE 500 is up by 0.5%. The top gainers in the BSE 500 Index are INDIAN OVERSEAS BANK (up 10.0%) and BANK OF MAHARASHTRA (up 10.0%). The top losers are MUTHOOT FINANCE (down 5.8%) and HIMADRI SPECIALITY CHEMICAL (down 5.4%).
ZENSAR TECHNOLOGIES share price has hit a 52-week high. It is presently trading at Rs 282. BSE 500 Index is up by 0.5% at 19,684. Within the BSE 500, ZENSAR TECHNOLOGIES (up 5.3%) and NAVA BHARAT VENTURES (up 11.2%) are among the top gainers, while top losers are MAGMA FINCORP and RELIANCE POWER.
BSE Sensex is trading up by 226 points, while the NSE Nifty is trading up by 113 points.
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