The result of the third quarter ended 31 December 2010 was announced on 15 February. BSE sensex was up by 0.23% or 41.40 points to 18,315.20.

In the past one quarter on BSE, average daily volume traded in the counter was 16.04 lakh shares.

During the day, the stock touches the high of Rs. 629.80 and a low of Rs. 606.10. While the stock hit the 52-week high of Rs. 737 on 26 March 2010 and a 52-week low of Rs. 448.65 on 26 July 2010.

Tata Steel, India’s largest steel maker by sales has an equity capital of Rs. 959.21 crore, with Rs 10 per share as a face value.

Over the past one month, Tata Steel had outperformed the broader market falling by 0.4% compared with the Sensex 3.49% decline. The stock had also outperformed the market in last three months, rising 2.13% as against 9.7% decline in the Sensex.

It was learnt that company has performed well in the Q3 despite of the inflationary apprehensions. The company has also recovered by improved product mix and efficiency enhancement measures, said Tata Steel Managing Director H. M. Nerurkar.

He further said that company is optimistic with the opening of the new plant at Jamshedpur.