The results were announced during trading hours today, 31 January 2008.
Meanwhile, BSE Sensex was down 25.47 points or 0.14% to 17,733.17.
On BSE, 4.39 lakh shares were traded in the counter. The scrip had an average daily volume of 6.32 lakh shares in the past one quarter.
The stock hit a high of Rs 731.70 and a low of Rs 695 so far during the day. The stock had a 52-week high of Rs 969.80 on 29 October 2007 and a 52-week low of Rs 352.64 on 8 March 2007.
The large-cap scrip had underperformed the market over the past one month 30 January 2008, declining 22.47% compared to the Sensex`s decline of 12.52%. It had also underperformed the market in the past one quarter, declining 18.26% compared to Sensex`s decline of 9.97%.
The company`s current equity is Rs 730.58 crore. Face value per share is Rs 10.
The current price of Rs 717.05 discounts its Q2 September 2007 annualized EPS of Rs 78.19, by a PE multiple of 9.17.
Tata Steel`s total income rose 10.34% to Rs 5040.95 crore in Q3 December 2007 over Q3 December 2006.
On 17 January 2008, Tata Steel entered into a joint venture agreement with Al Bahja Group for the development of Uyun limestone deposits at Salalah in the Sultanate of Oman.
On 3 January 2008, the company signed a joint venture agreement with the Steel Authority of India for incorporation of a joint venture company, for coal mining activities in Jharkhand, India.
On 30 November 2007, the company signed an agreement with Riversdale Mining to develop a hard coking and thermal coal project at key coal exploration tenements held by Riversdale in Mozambique.
Tata Steel, the world`s sixth-largest steel maker, is engaged in manufacture and distribution of steel, welded steel tubes, cold rolled strips, bearings and other related products and services.
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