Meanwhile, the BSE Sensex was down 209.69 points, or 1.25% to 16,570.77.
On BSE, 96,644 shares were traded in the counter as against an average daily volume of 3.89 lakh shares in the past one quarter.
The stock hit a high of Rs 799 and a low of Rs 776.25 so far during the day. The stock hit a 52-week high of Rs 928 on 6 January 2010 and a 52-week low of Rs 234 on 3 March 2009.
The large-cap stock had underperformed the market over the past one month till 25 January 2010, falling 6.62% as compared to the Sensex's 3.34% fall. It had also underperformed the market in the past one quarter, declining 3.24% as compared to the Sensex's decline of 0.18%.
The company's equity capital is Rs 168.08 crore. Face value per share is Rs 2.
The current price of Rs 777.05 discounts the company's Q3 December 2009 annualized EPS of Rs 2.22, by a PE multiple of 350.02.
The slump in net profit is due an exceptional (expenses) item of Rs 273.50 crore accounted in the quarter ended December 2009. Sterlite has provided Rs 273.50 crore for the quarter ended December 2009 to cover a loss on the ASARCO deal, after a US bankruptcy court advised ASARCO to terminate its deal with Sterlite.
Sterlite Industries (India)'s net sales rose 39.8% to Rs 3611.99 crore in Q3 December 2009 over Q3 December 2008.
However, on a consolidated basis, the company's net profit surged 76.7% to Rs 1211.63 crore on 50.2% increase in net sales to Rs 6676.96 crore in Q3 December 2009 over Q3 December 2008. The company announced the results after market hours on Monday, 25 January 2010. The Indian market was closed on Tuesday, 26 January 2010 for a public holiday.
Sterlite Industries' American depository receipt (ADR) fell 2.59% to $16.57 on Tuesday, 26 January 2010.
Sterlite Industries is India's largest non-ferrous metals and mining company with interests and operations in aluminum, copper, zinc and lead and power. Sterlite Industries' main operating subsidiaries are Hindustan Zinc for its zinc and lead operations; Copper Mines of Tasmania Pty for its copper operations in Australia; and Bharat Aluminum Company for its aluminum operations.
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