The stock has been quite volatile in the last few days due to high volatility in metal prices on LME.

Sterlite Industries has reported a profit after tax before extra-ordinary items of Rs 240.71 crore for Q4 March 2006 as compared to Rs 86.60 crore for Q4 March 2005. Net sales has risen 117.8% to Rs 2,515.40 crore (Rs 1154.62 crore). Higher metal prices boosted Sterlite’s performance in Q4 March 2006.

Sterlite manufactures and markets cast copper rods, copper cathodes, aluminium cold rolled products and conductors. Its presence in aluminium is through a subsidiary, Bharat Aluminum Company (Balco). It also has a significant presence in zinc through another subsidiary, Hindustan Zinc.