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Sterlite Industries shines on synchronizing first 80 MW unit at Tuticorin

08 Oct 2012 Evaluate

Sterlite Industries (India) is currently trading at Rs. 102.65, up by 1.70 points or 1.68% from its previous closing of Rs. 100.95 on the BSE.

The scrip opened at Rs. 100.95 and has touched a high and low of Rs. 102.90 and Rs. 100.50 respectively. So far 2,34,000 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 138.40 on 17-Feb-2012 and a 52 week low of Rs. 86.10 on 19-Dec-2011.

Last one week high and low of the scrip stood at Rs. 103.20 and Rs. 98.15 respectively. The current market cap of the company is Rs. 34,497.00 crore.

The promoters holding in the company stood at 53.31% while Institutions and Non-Institutions held 22.61% and 11.41% respectively.

Sterlite Industries (India) has successfully synchronized the first 80 MW unit of its 160 MW thermal power plant at Tuticorin. The power from the first unit will be predominantly used for captive consumption at its Copper Smelter operations at Tuticorin.

Sterlite Industries is India’s largest diversified metals and mining company. The company produces aluminium, copper, zinc, lead, silver, and commercial energy and has operations in India, Australia, Namibia, South Africa and Ireland.

Peers
Company Name CMP
Hindalco 1038.95
Vedanta 787.60
Hindustan Zinc 592.35
Jain Resource Recycl 420.90
Gravita India 1639.80
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