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Tata Steel in fray to buy 2 Arcelor Mittal furnaces; stk up

Tata Steel is in fray to buy 2 Arcelor Mittal furnaces in France, reports The Financial Express.

November 30, 2012 / 09:59 IST
     
     
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    Tata Steel is in fray to buy 2 Arcelor Mittal furnaces in France, reports The Financial Express.
     
    At 09:50 hrs Tata Steel was quoting at Rs 381.70, up Rs 4.75, or 1.26%. It has touched an intraday high of Rs 382.50 and an intraday low of Rs 377.
     
    It was trading with volumes of 110,690 shares. In the previous trading session, the share closed up 0.24% or Rs 0.90 at Rs 376.95.


    The company's trailing 12-month (TTM) EPS was at Rs 71.58 per share. (Sep, 2012). The stock's price-to-earnings (P/E) ratio was 5.33. The latest book value of the company is Rs 537.64 per share. At current value, the price-to-book value of the company was 0.71. The dividend yield of the company was 3.14%.

    first published: Nov 30, 2012 09:54 am

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