TATA STEEL Share Price Up by 5%; BSE METAL Index Up 2.1%
Wed, 11 Nov 01:18 PM

TATA STEEL share price has zoomed 5% and is presently trading at Rs 465.

Meanwhile, the BSE METAL Index is at 9,149 (up 2.1%).

Among the top Gainers in the BSE METAL Index today is TATA STEEL (up 5.1%).

NMDC (down 3.8%) is among the top loser today.

Over the last one year, TATA STEEL has moved up from Rs 401 to Rs 465, registering a gain of Rs 64 (up 15.7%).

On the other hand, the BSE METAL has moved down from 9,737 to 9,149, loss of 588 points (down 6.1%) during the last 12 months.

The top buzzing stocks among the BSE METAL Index stocks during this same period were JINDAL STEEL & POWER (up 43.6%), JSW STEEL (up 35.1%) and TATA STEEL (up 15.7%).

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What About the Benchmark Indices?

The BSE Sensex is at 43,708 (down 0.2%).

The top gainers among the BSE Sensex stocks today are TATA STEEL (up 5.1%), ITC (up 2.6%) and SUN PHARMA (up 2.6%). Other gainers include KOTAK MAHINDRA BANK (up 2.1%) and NTPC (up 2.0%). The most traded stocks in the BSE Sensex are ITC and NTPC.

In the meantime, NSE Nifty is at 12,770 . The top gainers in the NSE Nifty include TATA STEEL (up 4.9%), DR. REDDYS LAB (up 3.7%) and HINDALCO (up 3.2%). Other gainers include CIPLA (up 3.2%) and HERO MOTOCORP (up 3.1%) are among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved up from 40,345 to 43,708, registering a gain of 3,363 points (up 7.01%).

TATA STEEL Financial Update...

TATA STEEL net profit down at Rs 46 billion for the quarter ended June 2020, compared to a loss of Rs 12 billion a year ago. Net Sales declined 31.6% to Rs 242.9 billion during the period as against Rs 355.2 billion in April-June 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 170.7x.

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Stock Market Updates

Nov 11, 2020 03:02 PM

INDRAPRASTHA GAS share price is trading up by 5% and its current market price is Rs 445. The BSE OIL & GAS is up by 1.0%. The top gainers in the BSE OIL & GAS Index is INDRAPRASTHA GAS (up 5.2%). The top losers is RELIANCE IND. (down 3.6%).

Nov 11, 2020 03:00 PM

TIME TECHNO share price is trading down by 5% and its current market price is Rs 41. The BSE 500 is up by 0.8%. The top gainers in the BSE 500 Index are APOLLO HOSPITALS (up 7.7%) and TATA STEEL (up 6.9%). The top losers are TIME TECHNO (down 5.1%) and INDUSIND BANK (down 5.7%).

Nov 11, 2020 01:06 PM

AU SMALL FINANCE BANK share price is trading down by 5% and its current market price is Rs 875. The BSE BANKEX is down by 0.2%. The top gainers in the BSE BANKEX Index are YES BANK (up 4.9%) and KOTAK MAHINDRA BANK (up 2.1%). The top losers are AU SMALL FINANCE BANK (down 5.4%) and INDUSIND BANK (down 7.4%).

Nov 11, 2020 01:00 PM

LUPIN share price is trading up by 5% and its current market price is Rs 903. The BSE HEALTHCARE is up by 2.6%. The top gainers in the BSE HEALTHCARE Index are LUPIN (up 5.1%) and TORRENT PHARMA (up 5.2%). The top losers are SANOFI INDIA (down 0.1%) and ASTRAZENECA PHARMA (down 0.3%).

Nov 11, 2020 12:54 PM

TORRENT PHARMA share price is trading up by 6% and its current market price is Rs 2,569. The BSE HEALTHCARE is up by 2.6%. The top gainers in the BSE HEALTHCARE Index are TORRENT PHARMA (up 5.5%) and APOLLO HOSPITALS (up 7.2%). The top losers are SANOFI INDIA (down 0.1%) and SYNGENE INTERNATIONAL (down 0.1%).

Nov 11, 2020 12:30 pm

Share markets in India are presently trading marginally higher. The BSE Sensex is trading up by 10 points, flat at 43,287 levels.

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