 | Print this page |
|
| |
Sterlite Industries mirrors weakness in ADR
Sterlite Industries India fell 2.5% to Rs 168 at 9:26 IST after the company's American depository receipt, or ADR tumbled 4.18% to $14.45 on the New York Stock Exchange on Wednesday, 11 August 2010.
Meanwhile, the BSE Sensex was down 126.03 points, or 0.70%, to 17,944.16.
On BSE, 2.11 lakh shares were traded in the counter as against an average daily volume of 12.46 lakh shares in the past one quarter.
The stock hit a high of Rs 170.90 and a low of Rs 167.40 so far during the day. The stock had hit a 52-week high of Rs 232 on 6 January 2010 and a 52-week low of Rs 150.13 on 19 August 2009.
The stock had outperformed the market over the past one month till 11 August 2010, gaining 2.83% compared with the Sensex's 1.33% rise. It underperformed the market in past one quarter, falling 6.08% as against 5.42% rise in the Sensex.
India's largest copper maker by sales has an equity capital of Rs 336.16 crore. Face value per share is Rs 1.
On a consolidated basis, Sterlite Industries' net profit rose 49.90% to Rs 1008.43 crore on 29.40% increase in net sales to Rs 5924.50 crore in Q1 June 2010 over Q1 June 2009.
| Previous Stories |
|
| More 4 |
| Other Stories |
|
4
Cairn India recovers after 3-day 7.4% slide (24-May 15:21 Hrs IST) |
|
4
SBI drops 9.11% in two days on weak Q4 earnings (24-May 15:18 Hrs IST) |
|
4
MRPL hits 52-week low after reverse turnaround in Q4 (24-May 14:55 Hrs IST) |
|
4
Jaiprakash Associates gains on bargain hunting (24-May 14:55 Hrs IST) |
|
4
Maruti Suzuki recovers after 3-day 5.4% slide (24-May 14:27 Hrs IST) |
|
4
Coal India in demand ahead of FY 13 consolidated earnings (24-May 14:12 Hrs IST) |
|
4
PTC India gains after good Q4 earnings (24-May 14:10 Hrs IST) |
|
4
KVB inches up after Q4 results (24-May 13:49 Hrs IST) |
|
4
Volumes jump at Carborundum Universal counter (24-May 13:21 Hrs IST) |
|
4
Adani Power rises on bargain hunting (24-May 12:30 Hrs IST) |
| Next4 |