Tata Steel has 1.73M shares traded in a block
Tata Steel's shares fell by 2.09% in today's session, trading at Rs 156.30, according to data from the stock exchange. The decline comes despite the company's positive financial performance for the quarter ending June 2025.
The company reported a revenue of Rs 53,178.12 Crore for the quarter, a decrease from Rs 54,771.39 Crore in June 2024. However, the net profit for the same period was Rs 1,927.64 Crore, significantly higher than the Rs 826.06 Crore reported in June 2024. The Earnings Per Share (EPS) also increased to Rs 1.67 in June 2025 from Rs 0.77 in June 2024.
The annual consolidated revenue for the year ending March 2025 was Rs 218,542.51 Crore, a decrease compared to the Rs 229,170.78 Crore in March 2024. The net profit for the year ending March 2025 was Rs 2,982.97 Crore, a recovery from the loss of Rs -4,851.63 Crore in March 2024. The annual EPS increased to Rs 2.74 in March 2025 from Rs -3.62 in March 2024.
Key valuation ratios show a P/E ratio of 56.29 and a P/B ratio of 2.11. The company also announced a final dividend of Rs 3.60 per share on May 12, 2025.
Meanwhile, Trishakti Industries, a provider of infrastructure and oil & gas exploration services, saw its shares gain 0.06% to close at Rs 159.75, after securing a work order from Tata Steel worth around Rs 65 lakh. The order is to be executed within 12 months.
Tata Steel's performance reflects a shift in investor sentiment in today's session. The company's shares have been traded in a block of 1.73M shares, indicating significant trading activity.
References:
[1] https://www.tradingview.com/news/moneycontrol:699e36adf094b:0-tata-steel-shares-fall-2-09-in-today-s-session/
[2] https://www.business-standard.com/markets/capital-market-news/trishakti-industries-bags-work-order-from-tata-steel-125083000406_1.html
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