Thu, 29 Jul 11:55 AM
TATA STEEL share price has zoomed 6% and is presently trading at Rs 1,452.
Meanwhile, the BSE METAL Index is at 21,144 (up 5.1%).
Among the top Gainers in the BSE METAL Index today are TATA STEEL (up 6.1%) and HINDALCO (up 9.3%).
COAL INDIA (down 0.7%) is among the top loser today.
Over the last one year, TATA STEEL has moved up from Rs 353 to Rs 1,452, registering a gain of Rs 1,099 (up 310.5%).
On the other hand, the BSE METAL has moved up from 7,598 to 21,144, registering a gain of 13,546 points (up 178.1%) during the last 12 months.
The top buzzing stocks among the BSE METAL Index stocks during this same period were SAIL (up 312.7%), TATA STEEL (up 310.5%) and JSW STEEL (up 262.8%).
What About the Benchmark Indices?
The BSE Sensex is at 52,741 (up 0.5%).
The top gainers among the BSE Sensex stocks today are TATA STEEL (up 6.1%), BAJAJ FINSERV (up 2.5%) and HCL TECHNOLOGIES (up 2.2%). Other gainers include RELIANCE IND. (up 1.5%) and TITAN (up 1.4%). The most traded stocks in the BSE Sensex are SBI and TATA STEEL.
In the meantime, NSE Nifty is at 15,802 (up 0.5%). The top gainers in the NSE Nifty include HINDALCO (up 9.3%), TATA STEEL (up 6.2%) and JSW STEEL (up 4.0%). Other gainers include TATA MOTORS (up 3.1%) and BAJAJ FINSERV (up 2.4%) are among the top gainers in NSE Nifty.
Over the last 12 months, the BSE Sensex has moved up from 37,935 to 52,741, registering a gain of 14,806 points (up 38.90%).
TATA STEEL Financial Update…
TATA STEEL net profit stood at Rs 70 billion for the quarter ended March 2021, compared to a profit of Rs 39 billion a year ago. Net Sales rose 26.2% to Rs 499.8 billion during the period as against Rs 395.9 billion in January-March 2020.
For the year ended March 2021, TATA STEEL reported 698.6% increase in net profit to Rs 78.6 billion compared to net profit of Rs 9.8 billion during FY20.
Revenue of the company grew 4.9% to Rs 1,563 billion during FY21.
The current Price to earnings ratio of TATA STEEL, based on rolling 12 month earnings, stands at 22.2x.<!–
What else is happening in the markets today? Dig in…
Stock Market Updates
Jul 29, 2021 09:30 am
Asian share markets are trading on a positive note today as the US Federal Reserve signaled it was in no rush to taper stimulus.
Jul 29, 2021 09:53 AM
INFOSYS share price has hit an all time high at Rs 1,616 (up 0.6%). The BSE IT Index is up by 0.8%. Among the top gainers in the BSE IT Index today are INFOSYS (up 0.6%) and COFORGE (up 4.7%). The top losers include HEXAWARE TECHNOLOGIES and ECLERX SERVICES (down 0.6%).
Jul 29, 2021 09:45 AM
INOX WIND share price is trading up by 11% and its current market price is Rs 142. The BSE CAPITAL GOODS is up by 0.6%. The top gainers in the BSE CAPITAL GOODS Index is INOX WIND (up 10.7%). The top losers are HONEYWELL AUTOMATION (down 0.1%) and FINOLEX CABLES (down 0.1%).
Jul 29, 2021 09:33 AM
TATA STEEL share price has hit an all time high at Rs 1,378 (up 0.5%). The BSE METAL Index is up by 0.6%. Among the top gainers in the BSE METAL Index today are TATA STEEL (up 0.5%) and JSW STEEL (up 0.8%). The top losers include COAL INDIA (down 0.2%).
Jul 29, 2021 09:25 AM
AJANTA PHARMA share price has hit an all time high at Rs 2,350 (up 0.7%). The BSE HEALTHCARE Index is up by 0.4%. Among the top gainers in the BSE HEALTHCARE Index today are AJANTA PHARMA (up 0.7%) and SANOFI INDIA (up 0.7%). The top losers include ALKEM LABORATORIES and AUROBINDO PHARMA .
Jul 29, 2021 09:23 AM
ORACLE FINANCIAL share price is trading up by 5% and its current market price is Rs 4,624. The BSE IT is up by 0.4%. The top gainers in the BSE IT Index is ORACLE FINANCIAL (up 5.4%). The top losers are L&T TECHONOLOGY and MPHASIS (down 0.2%).