The scrip opened at Rs 203.0 and touched an intraday high and low of Rs 238.05 and Rs 200.05, respectively, in the session so far. The stock of Tata Steel quoted a 52-week high of Rs 294.1 and a 52-week low of Rs 49.0.
Total market cap of the Tata Steel stood at Rs 84746.46 crore at the time of writing this report.
Key Financials
The company reported consolidated net sales of Rs 39809.05 crore for the quarter ended 31-Dec-2020, up 6.51 per cent from previous quarter’s Rs 37376.13 crore and up 11.78 per cent from the year-ago quarter’s Rs 35613.34 crore.
The net profit for latest quarter stood at Rs 3697.22 crore.
Shareholding pattern
As of 31-Dec-2020, DIIs held 10.05 per cent stake in the company, while foreign institutional investors held 16.87 per cent and the promoters 34.41 per cent.
Valuation ratio
According to BSE data, the stock traded at a price-to-earnings multiple of -133.4 and a price-to-book ratio of 0.43. A higher P/E ratio shows investors are willing to pay a higher price because of better future growth expectations. Price-to-book value indicates the inherent value of a company and is the measure of the price that investors are ready to pay even for no growth in the business.
Tata Steel belongs to the Steel – Integrated industry.
