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Wednesday, December 7, 2016

Tata Metaliks Share Price dipped more than 5%


Tata MetaliksTata Metaliks share price saw a dip of more than 5 per cent to settle at Rs 349.35 apiece on NSE, down by 5 per cent.
As one of the leading manufacturers of foundry grade pig iron in the country, Tata Metaliks Ltd is committed to deliver excellence. Inspired by the rich heritage Tata, the Company has grown from strength to strength over the last two decades since its inception in the year 1990.
A subsidiary of Tata Steel, Tata Metaliks has its manufacturing plant at Kharagpur, West Bengal, India with an annual production capacity of 345,000 tonnes of pig iron and turnover of Rs 10.38 Billion in 2015 to 2016. With the help of its team of experienced professionals and state-of-the-art manufacturing facilities, the company produces one of the finest qualities of pig iron in India.
Meanwhile, the tension between Mistry and Tata Group continues and it has impacted share price of the Tata Group shares in the last few months.
Tata Metaliks is among the top 500 performing stocks for the current quarter recommended by the research team of Dynamic Levels owing to its strong fundamentals and financials. By firm fundamentals it is meant that the firm has not incurred any loss in the last couple of quarters. Its debt equity does not exceed 2 and pledge is less than 25 per cent.
Tata Metaliks share price opened at Rs 363.75 from the previous closing of Rs 367.65. A total of 10,08,550 shares of the company have been traded on the counter of NSE  aggregating to a total of Rs 3,605.36 lacs. The Lower Price Band is 294.15 and the Upper Price Band is 441.15.
The 52 week high as well as the lifetime high of the share is Rs 512.70 made on 22nd July 2016. The 52 week low is Rs 77.60 made on 12th February 2016 and the lifetime low of the share is Rs 6.60 made on 28th March 2000.Get the historical share price performance at Tata Metaliks share price history.

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