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Tata Steel hits 52-week low

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Capital Market

Meanwhile, the S&P BSE Sensex was down 20.64 points or 0.11% at 19,122.36.

On BSE, 5.88 lakh shares were traded in the counter as against average daily volume of 8.27 lakh shares in the past one quarter.

The stock hit a low of Rs 273.25 so far during the day, which is a 52-week low for the counter. The stock hit a high of Rs 281.35 so far during the day. The stock had hit a 52-week high of Rs 454.90 on 4 July 2012.

The stock had underperformed the market over the past one month till 11 June 2013, declining 11.7% compared with the Sensex's 4.87% fall. The scrip had also underperformed the market in past one quarter, falling 21.63% as against Sensex's 2.56% decline.

 

The large-cap company has equity capital of Rs 971.21 crore. Face value per share is Rs 10.

Shares of Tata Steel have declined 7.43% in five trading sessions from a recent high of Rs 299.15 on 5 June 2013.

Tata Steel reported consolidated net loss of Rs 6528.51 crore in Q4 March 2013, as against net profit of Rs 433.46 crore in Q4 March 2012. Net sales rose 0.9% to Rs 34180.05 crore in Q4 March 2013 over Q4 March 2012.

Tata Steel Group is among the top-ten global steel companies with an annual crude steel capacity of over 26.5 million tonnes per annum (mtpa).

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First Published: Jun 12 2013 | 1:03 PM IST

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