Meanwhile, the BSE Sensex was up 145.05 points, or 1.62%, to 9082.02.On BSE, 5.77 lakh shares were traded in the counter. The scrip had an average daily volume of 9.54 lakh shares in the past one quarter.The stock hit a high of Rs 234.90 and a low of Rs 219 so far during the day. The stock had a 52-week high of Rs 1140 on 7 December 2007 and a 52-week low of Rs 164.50 on 27 October 2008.
The stock had underperformed the market over the past one month till 18 November 2008, declining 19.94% as compared to the Sensex's 10.41% decline. It had also underperformed the market in the past one quarter, falling 64.35% as compared to the Sensex's fall of 38.98%.
India's biggest copper and zinc produce has an equity capital of Rs 141.74 crore. Face value per share is Rs 2.
The current price of Rs 230.10 discounts its Q2 September 2008 annualised EPS of Rs 26.14, by a PE multiple of 8.80.
On the London Metal Exchange, copper for delivery in three months rose $90, or 2.5%, to $3,750 a metric ton.
Sterlite Industries (India)'s net profit surged 117.5% to Rs 462.93 crore on 5.5% increase in net sales to Rs 3738.65 crore in Q2 September 2008 over Q2 September 2007.
Sterlite Industries is a leading producer of copper in India. It is a part of Vedanta Resources, a London listed metals and mining major, with aluminum, copper and zinc operations in India and Australia.
No comments:
Post a Comment