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As on Apr 27, 2017 12:00 AM Your results on : Hot Pursuit    
Strong Q4 earnings boost Tata Sponge Iron
27-Apr-2017 (11:58)
The result was announced after market hours yesterday, 26 April 2017.

Meanwhile, the S&P BSE Sensex was down 36.95 points or 0.12% at 30,096.40. The S&P BSE Small-Cap index was up 17.40 points or 0.11% at 15,300.06.

On the BSE, 1.11 lakh shares were traded on the counter so far as against the average daily volumes of 85,704 shares in the past one quarter. The stock was volatile. It surged as much as 4.56% at the day's high of Rs 871.85 so far during the day. It rose 0.59% at the day's low of Rs 838.80 so far during the day.

The stock had hit a 52-week high of Rs 900 on 11 April 2017 and a 52-week low of Rs 474.95 on 9 November 2016. It had outperformed the market over the past one month till 26 April 2017, advancing 22.69% compared with the Sensex's 2.42% rise. The scrip had also outperformed the market over the past one quarter, gaining 34.17% as against the Sensex's 8.75% rise.

The small-cap company has equity capital of Rs 15.40 crore. Face value per share is Rs 10.

Tata Sponge Iron is a sponge iron manufacturer. Tata Steel is the promoter of Tata Sponge Iron. Tata Steel owned 54.5% stake in the company end March 2017.

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