TATA STEEL at 52 Week High; BSE 500 Index Up 0.2%
Thu, 31 Dec 01:38 PM

TATA STEEL share price has hit a 52-week high at Rs 651 (up 1.5%).

Meanwhile, the BSE 500 Index is at 18,331 (up 0.2%).

Among the top gainers in the BSE 500 Index today are TATA STEEL (up 1.5%) and SUN PHARMA ADV. RES. (up 8.9%).

CORPORATION BANK (down 3.9%) and JINDAL STAINLESS (HISAR) (down 3.2%) are among the top losers today.

Over the last one year, TATA STEEL has moved up from Rs 475 to Rs 651, registering a gain of Rs 176 (up 37.05%).

The BSE 500 has moved up from 15,748 to 18,331, registering a gain of 2,583 points (up 16.3%) during the last 12 months.

The top gainers among the BSE 500 Index stocks during this same period were ADANI GREEN ENERGY (up 571.0%), LAURUS LABS (up 392.8%) and SUZLON ENERGY (up 250.3%).

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What About the Benchmark Indices?

The BSE Sensex is at 47,866 (up 0.1%). The top gainers among the BSE Sensex stocks today are HDFC (up 2.1%), ICICI BANK (up 1.5%) and TATA STEEL (up 1.5%). Other gainers include TITAN (up 0.9%) and MARUTI SUZUKI (up 0.7%). The most traded stocks in the BSE Sensex are ONGC and ICICI BANK.

In the meantime, NSE Nifty is at 14,010 (up 0.2%). HDFC (up 2.2%) and TATA STEEL (up 1.8%) are among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved up from 41,558 to 47,866, registering a gain of 6,308 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 133.7x.



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

  

Stock Market Updates

Dec 31, 2020 01:28 PM

IRB INFRA share price is trading up by 5% and its current market price is Rs 116. The BSE REALTY is up by 1.1%. The top gainers in the BSE REALTY Index are IRB INFRA (up 5.2%) and SOBHA (up 6.0%). The top losers are OMAXE (down 0.2%) and DLF (down 1.1%).

Dec 31, 2020 01:14 PM

SAIL share price is trading up by 5% and its current market price is Rs 73. The BSE METAL is up by 0.4%. The top gainers in the BSE METAL Index is SAIL (up 5.4%). The top losers are NMDC (down 0.3%) and VEDANTA (down 0.8%).

Dec 31, 2020 01:02 PM

SOBHA share price is trading up by 5% and its current market price is Rs 404. The BSE REALTY is up by 1.4%. The top gainers in the BSE REALTY Index is SOBHA (up 5.2%). The top losers are DLF (down 0.3%) and OMAXE (down 0.5%).

Dec 31, 2020 12:44 PM

SAIL share price has hit a 52-week high. It is presently trading at Rs 71. BSE 500 Index is up by 0.1% at 18,331. Within the BSE 500, SAIL (up 2.2%) and SUN PHARMA ADV. RES. (up 8.2%) are among the top gainers, while top losers are CORPORATION BANK and JINDAL STAINLESS (HISAR).

Dec 31, 2020 12:30 pm

Share markets in India are presently trading marginally lower. The BSE Sensex is trading down by 30 points, down 0.1% at 47,715 levels.

Dec 31, 2020 12:20 PM

PERSISTENT SYSTEMS share price has hit a 52-week high. It is presently trading at Rs 1,540. BSE 500 Index is up by 0.1% at 18,331. Within the BSE 500, PERSISTENT SYSTEMS (up 0.4%) and SUN PHARMA ADV. RES. (up 8.6%) are among the top gainers, while top losers are CORPORATION BANK and GMR INFRA.

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