TATA STEEL at 52 Week High; BSE 500 Index Up 0.5%
Mon, 14 Dec 09:44 AM

TATA STEEL share price has hit a 52-week high at Rs 639 (up 2.6%).

Meanwhile, the BSE 500 Index is at 17,847 (up 0.5%).

Among the top gainers in the BSE 500 Index today are TATA STEEL (up 2.6%) and IFB INDUSTRIES (up 8.2%).

PC JEWELLER (down 5.3%) and DHFL (down 4.9%) are among the top losers today.

Over the last one year, TATA STEEL has moved up from Rs 402 to Rs 639, registering a gain of Rs 236 (up 58.58%).

The BSE 500 has moved up from 15,223 to 17,847, registering a gain of 2,624 points (up 17.1%) during the last 12 months.

The top gainers among the BSE 500 Index stocks during this same period were LAURUS LABS (up 392.8%), DIXON TECHNOLOGIES (up 285.3%) and DEEPAK NITRITE (up 155.9%).

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What About the Benchmark Indices?

The BSE Sensex is at 46,373 (up 0.4%). The top gainers among the BSE Sensex stocks today are ONGC (up 3.0%), TATA STEEL (up 2.6%) and NTPC (up 1.4%). Other gainers include ICICI BANK (up 1.2%) and SBI (up 1.2%). The most traded stocks in the BSE Sensex are HDFC and ONGC.

In the meantime, NSE Nifty is at 13,598 (up 0.4%). CIPLA (up 3.7%) and COAL INDIA (up 3.4%) are among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved up from 40,240 to 46,373, registering a gain of 6,133 points (up 15.0%).

TATA STEEL Financial Update...

TATA STEEL net profit declined 231.7% YoY to Rs 16 billion for the quarter ended September 2020, compared to a loss of Rs 12 billion a year ago. Net Sales rose 4.6% to Rs 371.5 billion during the period as against Rs 355.2 billion in July-September 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 131.1x.



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

  

Stock Market Updates

Dec 14, 2020 10:14 AM

CYIENT share price has hit a 52-week high. It is presently trading at Rs 517. BSE 500 Index is up by 0.3% at 17,847. Within the BSE 500, CYIENT (up 4.1%) and IFB INDUSTRIES (up 9.3%) are among the top gainers, while top losers are IFCI and YES BANK.

Dec 14, 2020 10:02 AM

MRPL share price is trading up by 6% and its current market price is Rs 37. The BSE OIL & GAS is up by 1.3%. The top gainers in the BSE OIL & GAS Index is MRPL (up 6.2%). The top losers is RELIANCE IND. (down 0.2%).

Dec 14, 2020 09:52 AM

OMAXE share price is trading up by 5% and its current market price is Rs 87. The BSE REALTY is down by 0.2%. The top gainers in the BSE REALTY Index is OMAXE (up 5.2%). The top losers are GODREJ PROPERTIES (down 0.2%) and PHOENIX MILL (down 0.5%).

Dec 14, 2020 09:30 am

Asian stock markets started a busy week with gains as investors gauged the chance of added US fiscal and monetary stimulus.

Dec 14, 2020 09:44 AM

PC JEWELLER share price is trading down by 5% and its current market price is Rs 26. The BSE 500 is up by 0.5%. The top gainers in the BSE 500 Index are J.B.CHEMICALS (up 6.4%) and GSK CONSUMER (up 5.1%). The top losers is PC JEWELLER (down 5.3%)..

Dec 14, 2020 09:32 AM

J.B.CHEMICALS share price is trading up by 5% and its current market price is Rs 1,049. The BSE HEALTHCARE is up by 0.8%. The top gainers in the BSE HEALTHCARE Index is J.B.CHEMICALS (up 5.2%). The top losers are GRANULES INDIA and BLISS GVS PHARMA .

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