Meanwhile, the BSE Sensex was down 310.43 points, or 3.31%, to 9,074.99.On BSE, 2.64 lakh shares were traded in the counter. The stock had an average daily volume of 9.54 lakh shares in the past one quarter.The stock hit a high of Rs 232.90 and a low of Rs 215.90 so far during the day. The stock has 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 mid-cap stock had underperformed the market over the past one month till 14 November 2008, declining 30.09% as compared to the Sensex's decline of 18.27%. It had also underperformed the market in the past one quarter, declining 63.37% as compared to the Sensex's decline of 36.26%.
The company's current equity is Rs 141.74 crore. Face value per share is Rs 2.
The current price of Rs 217 discounts the company's Q2 September 2008 annualized EPS of Rs 26.14, by a PE multiple of 8.30.
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.
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