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Tuesday, November 29, 2016

Tinplate Share Price moves over 12 Per Cent Higher


TinplateTinplate share price moved over 12 per cent higher on the NSE today. The metal sector witnessed an up movement today. The scrip opened at Rs.75.70 from a previous closing of Rs.73.05. As of 12:16 pm, the day’s high of the stock stood at Rs.84.25 while the day’s low read at Rs.75.60. So far, the traded volume stands at 827526 shares with a traded value of Rs. 674.52 lac. 

Tinplate Share Holding:
For the quarter ended 30-Sep-2016, the company has posted a Standalone sales of Rs. 175.71 Cr, up 11.61 per cent from last quarter Sales of Rs. 157.43 Cr and down -21.36 per cent from last year same quarter Sales of Rs. 223.43 Cr Company has reported net profit after tax of Rs. 10.41 Cr in latest quarter.
Tinplate ranks among the top 500 Shares penned down by the Dynamic Levels Research Analysts at the end of each quarter, out of the 1700 Shares which are listed on the NSE. The Tinplate stock has strong fundamentals and commendable financials. Tinplate hasn’t made any loss in the last two quarters. Its debt equity is seen to be less than 2 and its pledge is recorded to be lower than 25 per cent.
The market cap of Tinplate amounts to Rs. 764.60 (Cr). Presently, Tinplate share price is trading 12.80 per cent higher at Rs.82.40 on the National Stock Exchange (NSE).The stock has an ADM or Average Daily Movement of 3.11. Its book value reads at 57.04. Its average volume of 20 days stands at 133924 shares. The P/E Ratio of the stock is recorded to be as follows:
 
Standalone FY 15-16 PE Ratio10.42
Standalone Trailing PE Ratio18.28

For more details on the fundamentals and financials stock, please pay a visit to Tinplate share price history.

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