Sterlite Industries is currently trading at Rs. 94.65, up by 3.50 points or 3.84% from its previous closing of Rs. 91.15 on the BSE.
The scrip opened at Rs. 90.50 and has touched a high and low of Rs. 94.80 and Rs. 90.50 respectively. So far 2, 42,000 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 123.35 on 03-Jan-2013 and a 52 week low of Rs. 88.60 on 04-Jun-2012.
Last one week high and low of the scrip stood at Rs. 95.00 and Rs. 90.10 respectively. The current market cap of the company is Rs. 31,809 crore.
The promoters holding in the company stood at 53.31% while Institutions and Non-Institutions held 23.47% and 10.08% respectively.
Sterlite Industries is planning to increase its smelter capacity to 8 lakh tonne per annum (TPA) from 4 lakh TPA. Following this, the company’s contribution to gross state domestic product (GSDP) of Tamil Nadu would go from current 3.3 per cent to 4.5 per cent. In this regard, the company will invest around Rs 2,500 crore.
Currently, the company has completed the first unit of its 160 MW power plant, of 80 MW and plans to start the second unit of 80 MW in next one month. Further, the company’s employees’ count would also go up to 35,500.
On consolidated basis, the company reported 30.42% rise in its net profit at Rs 1191.41 crore for the quarter ended December 31, 2012 as compared to Rs 913.52 crore for the same quarter in the previous year. Total income of the company increased by 4.34% at Rs 11596.48 crore for quarter under review as compared to Rs 11113.27 crore for the quarter ended December 31, 2011.
| Company Name | CMP |
|---|---|
| Hindalco | 652.00 |
| Vedanta | 445.05 |
| Hindustan Zinc | 491.70 |
| Gravita India | 2090.50 |
| Ram Ratna Wires | 594.05 |
| View more.. | |
MoneyWorks4Me rating and ranking of funds for SIP is available to subscribers only. Moneyworks4Me is not a rating and ranking agency, however it is required that users have a way of selecting funds and building a Portfolio. The method used by it are described below to enable users to understand the logic behind the rating and ranking Subscriber will find more details on this in the various content made available from time to time. In case you need more please write to besafe@moneyworks4Me.com
MoneyWorks4Me rates and ranks mutual funds based on the following data-driven system:
Funds ranking in screeners: Performance Consistency and Quality are two parameters used for ranking funds for SIP. The ranking as follows GG, GO, GR, OG, OO, OR, RG, RO and RR.
With the same color-coded funds, the one with the higher Average 3-year rolling returns (over 5 to 10 years), the number that appears in the Performance tag, ranks higher.
Here is the summary:
The third tag Upside Potential is not relevant for SIP. It is relevant for lumpsum investments in Mutual Funds.
Make an informed decision for Stocks
Invest using an intelligent system with powerful data-driven tools that help you identify opportunities and make informed buy-hold-sell decisions
Buy quality Stocks when they are available at reasonable prices and supported by an upward price trend and Sell when they are Overvalued using the Decizen Rating System. Covers 3500+ stocks
Claim your FREE 15-day access to the most practical investing handbook.
Hurry, limited to the first 10 users today!
Become a savvy and confident
stock investor.
Don't miss out! First 10 users today get it FREE
Download APP
