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Tata Steel Long Products climbs high after turning black in Q4
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Tata Steel Long Products is currently trading at Rs. 847.30, up by 13.10 points or 1.57% from its previous closing of Rs. 834.20 on the BSE.
The scrip opened at Rs. 868.35 and has touched a high and low of Rs. 875.90 and Rs. 835.10 respectively. So far 16463 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 876.15 on 18-Jan-2021 and a 52 week low of Rs. 213.50 on 05-May-2020.
Last one week high and low of the scrip stood at Rs. 875.90 and Rs. 758.35 respectively. The current market cap of the company is Rs. 3828.99 crore.
The promoters holding in the company stood at 74.91%, while Institutions and Non-Institutions held 5.40% and 19.69% respectively.
Tata Steel Long Products has reported results for fourth quarter and year ended March 31, 2021.
The company has reported a net profit of Rs 339.85 crore for the quarter under review against net loss of Rs 133.25 crore for the same quarter in the previous year. Total income of the company increased by 52.05% at Rs 1,562.21 crore for Q4FY21 as compared Rs 1,027.42 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported net profit of Rs 339.86 crore for the quarter under review against net loss of Rs 133.23 crore for the same quarter in the previous year. Total income of the company increased by 52.05% at Rs 1,562.22 crore for Q4FY21 as compared Rs 1,027.44 crore for the corresponding quarter previous year.
For the year ended March 31, 2021, the company has reported net profit of Rs 571.97 crore against net loss of Rs 516.28 crore for the previous year. Total income of the company increased by 35.19% at Rs 4,828.10 crore for year under review as compared to Rs 3,571.25 crore for year ended March 31, 2020.
For the year ended March 31, 2021, on the consolidated basis, the company has reported a net profit of Rs 572.04 crore against net loss of Rs 516.23 crore for the previous year. Total income of the company increased by 35.19% at Rs 4,828.15 crore for year under review as compared to Rs 3,571.31 crore for year ended March 31, 2020.
