Shares of Tata Steel opened gap down with a fall of 2.24 per cent at Rs 211.95 against the previous close of Rs 216.80 on the BSE as benchmark indices tumbled in early trade amid weak global cues, as fresh escalation in tensions in West Asia resulted in a surge in oil prices. The stock tumbled further amid profit and touched a low of Rs 205.10, representing a fall of 5.39 per cent. Last seen, the stock was trading at Rs 209.30 with a fall of Rs 7.50 or 3.46 per cent. The market cap of the company stood at Rs 2,60,966.37 crore. The action in the stock comes amid a spurt in trading volume by more than 1.02 times.
The stock has fallen despite the company posting more than two-fold rise in consolidated net profit in the January-March quarter of FY 2025-26.
Tata Steel Q4 Results
The company has posted a consolidated net profit of Rs 2,965 crore for the January-March quarter of 2025-26. According to the company, the profit is driven by higher revenues from India operations. It had reported a net profit of Rs 1,201 crore during the same period a year ago. During January-March, the company's total income rose to Rs 63,518.60 crore from Rs 56,679.11 crore in the fourth quarter of 2024-25.
The revenue of the company stood at Rs 38,447.96 crore in the fourth quarter, higher than Rs 34,398.84 crore in the last quarter of FY25. Neelachal Ispat and other Indian operations jointly generated revenue of over Rs 6,604 crore, higher from Rs 4,277 crore in Q4 2024-25.
Tata Steel share price history
Tata Steel's share price has remained volatile in the near term. It has been losing for the last 2 days and has fallen 5.47 per cent in this period.
Technically, it is trading higher than the 50-day, 100-day and 200-day moving averages but lower than the 5-day and 20-day moving averages.
According to BSE Analytics, the stock has yielded a strong return of 571.24 per cent in 10 years and 76.30 per cent in five years. On a year-to-date (YTD) basis, it has gained 14.35 per cent, compared to the correction of 12.30 per cent in the benchmark index.
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(This article is for informational purposes only and should not be construed as investment, financial, or other advice.)
