TATA STEEL Share Price Down by 5%; BSE METAL Index Down 3.2%
Thu, 20 May 02:25 PM

TATA STEEL share price has plunged 5% and is presently trading at Rs 1,140.

Meanwhile, the BSE METAL Index is at 18,986 (down 3.2%).

Among the top losers in the BSE METAL Index today is TATA STEEL (down 5.0%).

Over the last one year, TATA STEEL has moved up from Rs 266 to Rs 1,140, registering a gain of Rs 873 (up 327.8%)..

The BSE METAL has moved up from 6,071 to 18,986, registering a gain of 12,915 points (up 212.7%) during the last 12 months.

The top buzzing stocks among the BSE METAL Index stocks during this same period were JINDAL STEEL & POWER (up 357.8%), SAIL (up 348.5%) and JSW STEEL (up 325.8%).

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What About the Benchmark Indices?

The BSE Sensex is at 50,099 (down 0.3%). The top gainers among the BSE Sensex stocks today are M&M (up 2.3%). The most traded stocks in the BSE Sensex are INDUSIND BANK and M&M.

In the meantime, NSE Nifty is at 15,070 (down 0.5%). M&M (up 2.2%) is among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved up from 30,029 to 50,099, registering a gain of 20,070 points (up 65.71%).

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 271.4x.



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

  

Stock Market Updates

May 20, 2021 12:30 pm

Share markets in India are presently trading marginally lower. The BSE Sensex is trading down by 8 points, flat at 49,894 levels.

May 20, 2021 09:30 am

Indian share markets open flat. The BSE Sensex opened down by 61 points, while the Nifty is trading lower by 46 points.

May 20, 2021 09:43 AM

TATA STEEL share price is trading down by 5% and its current market price is Rs 1,140. The BSE METAL is down by 4.1%. The top losers are TATA STEEL (down 5.3%) and JINDAL STEEL & POWER (down 6.0%).

May 20, 2021 09:43 AM

ADANI TRANSMISSION share price has hit an all time high at Rs 1,388 (up 4.0%). The BSE POWER Index is up by 0.3%. Among the top gainers in the BSE POWER Index today are ADANI TRANSMISSION (up 4.0%) and BHEL (up 3.1%). The top losers include THERMAX (down 0.2%) and NTPC (down 0.5%).

May 20, 2021 09:42 AM

HINDALCO share price is trading down by 5% and its current market price is Rs 394. The BSE 500 is down by 0.4%. The top gainers in the BSE 500 Index are RCF (up 5.8%) and CHAMBAL FERTILISERS (up 5.2%). The top losers are HINDALCO (down 5.1%) and JINDAL STEEL & POWER (down 6.1%).

May 20, 2021 09:31 AM

PIDILITE INDUSTRIES share price has hit an all time high at Rs 1,947 (up 1.3%). The BSE FMCG Index is down by 0.2%. Among the top gainers in the BSE FMCG Index today are PIDILITE INDUSTRIES (up 1.3%) and P&G HYGIENE (up 0.1%). The top losers include ADVANCED ENZYME TECHNOLOGIES (down 0.1%) and HUL (down 0.3%).

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