Monday, 11 April 2016

Equity Trading Tips with Tata Steel Stock Price

Tata Steel due to begin formal UK sale process
Tata Steel is due on Monday to begin the formal sale process for its loss-making British units which employ 15,000 people, a source close to the company said. 

Tata, one of the world's biggest steelmakers, said on March 30 it was putting its British assets up for sale, citing a global oversupply of steel, high costs, weak domestic demand and a volatile currency.

Tata Steel Stock Price
On April 11, 2016, at 13:36 hrs Tata Steel was quoting at Rs 328.10, up Rs 5.85, or 1.82 percent. The 52-week high of the share was Rs 384.20 and the 52-week low was Rs 200.00. 

The company's trailing 12-month (TTM) EPS was at Rs 51.88 per share as per the quarter ended December 2015. The stock's price-to-earnings (P/E) ratio was 6.32. The latest book value of the company is Rs 686.39 per share. At current value, the price-to-book value of the company is 0.48.

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