Tata Steel registers high hot metal, crude steel production
2 April 2015
Tata Steel registered hot metal and crude steel production of 10.15 million tonnes and 9.32 million tonnes respectively in the financial year 2015.
The sale able steel production was higher at 9.07 million tonnes, 1.6 percent up as compared to last year's figure of 8.93 million tonnes.
Hot metal production, which was 9.90 million tonnes last year, recorded 2.52 percent increase at 10.15 million tonnes while the crude steel was up by 1.85 percent against 9.15 million tones in Fy-14, a Tata Steel press release today said.
On the raw-material front, the company has recorded highest ever Bharat Coking Coal Limited purchase of 5 lakh tonnes in FY15 than the previous year's best of 3.67 lakh tonnes.
The West Bokaro achieved additional revenue generation through sales of middling on Gross Calorific Value basis, the release said.
Tata Steel stock price
On April 01, 2015, Tata Steel closed at Rs 324.00, up Rs 7.15, or 2.26 percent. The 52-week high of the share was Rs 578.60 and the 52-week low was Rs 311.30.
The company's trailing 12-month (TTM) EPS was at Rs 78.29 per share as per the quarter ended December 2014. The stock's price-to-earnings (P/E) ratio was 4.14. The latest book value of the company is Rs 629.60 per share. At current value, the price-to-book value of the company is 0.51