Breaking News

You are here » Indian-Commodity  :  Equity & Shares  :  Tata Steel gains on reporting around 4-fold jump in Q2 consolidated net profit

14-Nov2018

Tata Steel gains on reporting around 4-fold jump in Q2 consolidated net profit

Tata Steel is currently trading at Rs. 603.00, up by 13.85 points or 2.35% from its previous closing of Rs. 589.15 on the BSE.

The scrip opened at Rs. 606.00 and has touched a high and low of Rs. 610.00 and Rs. 597.10 respectively. So far 799459 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 747.25 on 31-Jan-2018 and a 52 week low of Rs. 493.50 on 19-Jul-2018.

Last one week high and low of the scrip stood at Rs. 610.00 and Rs. 569.00 respectively. The current market cap of the company is Rs. 72855.25 crore.

The promoters holding in the company stood at 33.12%, while Institutions and Non-Institutions held 44.98% and 20.86% respectively.

Tata Steel has reported around 3 fold jump in its net profit of Rs 3,267.86 crore for the quarter ended September 30, 2018 as compared to Rs 1,294.08 crore for the same quarter in the previous year. Total income of the company increased by 29.07% at Rs 18,677.14 crore for Q2FY19 as compared Rs 14,470.41 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported around 4 fold jump in its net profit of Rs 3,604.21 crore for the quarter ended September 30, 2018 as compared to Rs 975.87 crore for the same quarter in the previous year. Total income of the company increased by 34.35% at Rs 43,898.53 crore for Q2FY19 as compared Rs 32,675.55 crore for the corresponding quarter previous year.


Related News

View all news

SBI trades in green on the bourses

State Bank of India is currently trading at Rs. 265.15, up by 2.20 points or 0.84% from its previous closing of Rs. 262.95 on the BSE.The scrip opened at Rs. 263.05 and has touched a high and low of Rs.......

Mahindra Lifespace Developers gains on the bourses

Mahindra Lifespace Developers is currently trading at Rs. 376.95, up by 0.60 points or 0.16% from its previous closing of Rs. 376.35 on the BSE.The scrip opened at Rs. 372.70 and has touched a high and......

Lemon Tree Hotels strengthens on the BSE

Lemon Tree Hotels is currently trading at Rs. 72.50, up by 0.50 points or 0.69% from its previous closing of Rs. 72.00 on the BSE.The scrip opened at Rs. 72.20 and has touched a high and low of Rs. 74.00......

Top News

View all news

V-Mart Retail, KPI Global Infrastructure and PNC Infratech to see some action today

V-Mart Retail has opened a new store in the state of Bihar. With this total number of stores remains to 201 Stores in 163 cities across 16 states and total the tally of stores in Bihar to 40.KPI......

V-Mart Retail opens new store in Bihar

V-Mart Retail has opened a new store in the state of Bihar. With this total number of stores remains to 201 Stores in 163 cities across 16 states and total the tally of stores in Bihar to 40.V-Mart Retail......

KPI Global Infrastructure bags 213.75KW solar power project

KPI Global Infrastructure has bagged an order for executing 213.75KW solar power project under 'Captive Power Producer (CPP)' category from Govindam Knit Fab, Surat for which the Letter of Intent (LoI)......