Tata Metaliks rises on reporting 18% rise in Q4 internet profit

Tata Metaliks rises on reporting 18% rise in Q4 internet profit

by admin- Tuesday, April 16th, 2019 03:40:59 PM

Tata Metaliks is currently buying and selling at Rs. 678.45, up by using 10.65 points or 1.Fifty nine% from its previous ultimate of Rs. 667.80 on the BSE.

The scrip opened at Rs. 678.50 and has touched a excessive and low of Rs. 685.00 and Rs. 675.25 respectively. So a long way 9418 stocks were traded at the counter.

The BSE group ‘A’ inventory of face price Rs. 10 has touched a 52 week high of Rs. 878.00 on 27-Apr-2018 and a fifty two week low of Rs. 545.00 on eleven-Oct-2018.

Last one week high and occasional of the scrip stood at Rs. 677.90 and Rs. 648.05 respectively. The cutting-edge market cap of the company is Rs. 1909.36 crore.

The promoters conserving in the agency stood at 50.09 % while Institutions and Non-Institutions held 17.Seventy two % and 32.18 % respectively.

Tata Metaliks has said a rise of 17.75% in its internet earnings at Rs sixty four.35 crore for the fourth area ended March 31, 2019 underneath evaluate as compared to Rs 54.Sixty five crore for the identical quarter within the preceding year. Total income of the corporation expanded by using 7.35% at Rs 596.Sixty two crore for Q4FY19 in comparison Rs 555.Seventy seven crore for the corresponding zone previous 12 months.

For the yr ended March 31, 2019, the organisation has reported a rise of 14.27% in its internet profit at Rs 181.89 crore in comparison to Rs 159.18 crore for the previous year. Total income of the agency multiplied by using 12.90% at Rs 2,161.Seventy six crore for yr below overview compared to Rs 1,914.81 crore for year ended March 31, 2018.

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