Saturday 18 Aug, 2018 11:34 PM
Site map | Locate Us | Login
   Federal Bank Ltd leads losers in 'A' group    CL Educate Ltd leads losers in 'B' group    Ashok Leyland advances after new order win    Volumes soar at KIOCL Ltd counter    HDFC Bank Ltd drops for fifth straight session    Biocon Ltd soars 2.31%, Gains for third straight session    Sun Pharmaceuticals Industries Ltd up for third straight session    Lupin Ltd spurts 4.77%, up for third straight session    Dr Reddys Laboratories Ltd up for third straight session    Tech Mahindra Ltd spurts 1.14%, rises for third straight session    United Spirits Ltd soars 1.25%, rises for third straight session    Tata Global Beverages Ltd gains for third straight session    GAIL (India) Ltd soars 1.57%, Gains for third straight session    ITC Ltd soars 1.79%, rises for fifth straight session    Amara Raja Batteries Ltd spurts 1.32%, gains for five straight sessions 
Saravan Stocks
       
Hot Pursuit
Scrips, which has significant changes during the market hours.
Tata Steel slips after Q4 results
17-May-18   09:34 Hrs IST

The result was announced after market hours yesterday, 16 May 2018.

Meanwhile, the S&P BSE Sensex was up 45.25 points, or 0.13% to 35,433.13.

On the BSE, 3.10 lakh shares were traded in the counter so far compared with average daily volumes of 5.07 lakh shares in the past one quarter. The stock had hit a high of Rs 632 and a low of Rs 606 so far during the day. The stock hit a 52-week high of Rs 747.25 on 31 January 2018. The stock hit a 52-week low of Rs 438.97 on 17 May 2017.

On a consolidated basis, Tata Steel's net sales rose 7.05% to Rs 35737.19 crore in Q4 March 2018 over Q4 March 2017. The company received one-time exceptional gain of Rs 11376.14 crore in March quarter. The exceptional gain includes a non-cash gain of Rs 14077 crore on account of restructuring of UK pension scheme.

Commenting on the result, TV Narendran, CEO & MD said that Tata Steel performance has been robust in FY 2018 driven by strong execution strategy and supported by favourable global demand-supply balance. During the year, the company's Indian operations delivered volume growth better than the market on the back of the ramp-up at Kalinganagar plant and the strength of the firm's marketing network and brand equity. Growth was broad-based across marketing segments.

Gross debt as on 31 March 2018 increased to Rs 92147 crore, mainly driven by foreign exchange translation impact. Net debt declined to Rs 69215 crore.

Tata Steel is currently the world's second-most geographically diversified steel producer.

Powered by Capital Market - Live News

   Attention Investors : Prevent Unauthorized Transactions in your demat account --> Update your Mobile Number with your Depository Participant. Receive alerts on your Registered Mobile for all debit and other important transactions in your demat account directly from CDSL on the same day........issued in the interest of investors.
   Attention Investors : Prevent unauthorised transactions in your account Update your mobile numbers/email IDs with your stock brokers / Depository Participant. Receive information of your transactions directly from Exchange / Depositories on your mobile / email at the end of the day .... Issued in the interest of Investors.
   Attention Investors : KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary.
   Attention Investors : No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account."
Email ID: info@ssplwealth.com       Customers grievances : grievances@ssplwealth.com     Compliance officer : Mr.G Anand , anand@ssplwealth.com
Hit Count : 9270797
SEBI Regn.Nos : NSE Cash : INB231122137  |  NSE F&O  : INF231122137  |  BSE Cash : INB011122133  |  BSE F&O : INF011122133  |  NSE CD : INE231122137  
MCX-SX CD :INE261122137   |  USE CD : INE271122132  |  CDSL : IN-DP-CSDL-262-2016/, AMFI Regn.No : 2662, FMC Regn. No : MCX / TCM / CORP / 0186 | MCX :12815 * 
Member IDs : NSE :11221  |  BSE :6292  |  USE :11221  |  MCX-SX :25500  |  CDSL :12045000   ( * through associate company SSPL commodities)
Designed , Developed & Content provided by CMOTS INFOTECH.(ISO 9001:2015 certified) © Copyright 2011 All Rights Reserved. Saravana Stocks Pvt. Ltd