Tata Steel rose via eight% to Rs. 530.8, in sturdy marketplace. On November 17, stocks of Tata Steel opened at Rs. 504.70 after its November thirteen, close of 492.10.
The Stock hit intra day excessive of Rs. 530.80 and intra day low of Rs. 502.
Today inventory had hit fifty two-week high of Rs. 530.Eighty and on March 30, 2020 the inventory hit fifty two wekk low of Rs. 250.90.
Tata Steel reported Q2 income:
Net profit fell with the aid of 59.6% YoY to Rs. 1,635.4 crore Vs Rs. 4,043.5 crore
Total revenue from operations rose with the aid of 7.4% YoY to Rs. 37,154 crore Vs Rs. 34,759 crore
EBITDA improved by fifty nine.7% YoY to Rs. 6,217 crore Vs Rs. Three,893 crore
EBITDA margin elevated to 16.7% from 11.3% (YoY).
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