Tata Steel BSL Share Price Today Full Info

The Tata Steel BSL share price is currently trading at Rs. 85.80 and the company has a market cap of Rs. 11,340 crore (US$1,515 million). The stock is up by 18% in the last year and offers a dividend yield of 3%.

Tata Steel BSL Share Price

The company’s net profit was down by 31% to Rs. 1,290 crore (US$194 million) during FY18 due to higher input costs on raw materials like iron ore and coal which increased from $60 per tonne in FY17 to $95 per tonne in FY18 owing to an increase in their prices globally. This led Tata Steel BSL shares lower than expected earnings for the quarter ended March 2018 with its consolidated net profit falling short of analysts’ estimates.

Tata Steel BSL Share Price

However, the company is expecting a turnaround in its fortunes in the current financial year on the back of improvement in steel prices and expects its net profit to grow by 20%. The stock looks attractive at its current price and offers good value. Investors can consider investing in this stock for the long term to benefit from the company’s expected earnings growth.

The Tata Steel BSL share price is currently trading at Rs. 216.80 and the company has a market cap of Rs. 10,054 crore (US$1,515 million). The stock is up by 18% in the last year and offers a dividend yield of 3%.

 Stock Market?

The company’s net profit was down by 31% to Rs. 1,290 crore (US$194 million) during FY18 due to higher input costs on raw materials like iron ore and coal which increased from $60 per tonne in FY17 to $95 per tonne in FY18 owing to an increase in their prices globally. This led Tata Steel BSL shares lower than expected earnings for the quarter ended March 2018 with its consolidated net profit falling short of analysts’ estimates.

What is Stock Market?

However, the company is expecting a turnaround in its fortunes in the current financial year on the back of improvement in steel prices and expects its net profit to grow by 20%. The stock looks attractive at its current price and offers good value. Investors can consider investing in this stock for the long term to benefit from the company’s expected earnings growth.

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Tata Steel BSL Live Stock Price

Tata Steel BSL share price is currently trading at Rs. 336.05 as compared to its previous closing of Rs. 325.20 on the BSE. The total number of shares traded during the session was 0 and the current price represents a percentage change of 1.65% from its last close.

Tata Steel BSL Share Price Today

Tata Steel BSL share price is done by 1.41% from its previous closing of Rs. 338 on the National Stock Exchange (NSE). The total number of shares traded during the session was 0 and the current price represents a percentage change of -1.82% from its last close.

What is a Share?

When you invest money in the stock market, you actually buy shares. A share is a part of a company and represents your stake in the company. Let’s understand this with an example: if the face value (also known as nominal value) of a share is Rs 100 and you want to purchase 10 such units of that share, then their total price would be Rs 1,000.

The money invested by you will be used by the company for various business purposes. As long as the company performs well financially, it will return some benefits back to its shareholders – which are basically people who own stocks/shares of that company.

What is a Mutual Fund?

A mutual fund is a financial vehicle that pools money from several investors and invests it in stocks, bonds, or other securities. The profits generated by the fund are then shared among the investors in the fund. Mutual funds can be open-ended or closed-ended:

Open-ended funds allow investors to buy and sell shares at any time, while closed-ended funds have a fixed number of shares that are not issued publicly. Mutual funds are operated by money managers who invest the pooled money into various types of securities in order to generate profits for the investors.

Mutual funds can be a good investment option for those who want to invest in stocks but don’t have the time or knowledge to do so themselves. Money managers invest in stocks on behalf of investors and charge fees for their services.

If the fund cannot beat the market index over a certain time frame, then investors can withdraw their money from that fund without any penalties or fees.

Final words

Tata Steel BSL share price is currently trading at a discount to its book value and offers good value for investors. The stock is expected to benefit from improvement in steel prices and offers good potential for capital appreciation. Investors can consider investing in this stock for the long term.

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