tata metaliks share price: Tata Metaliks hits near 2.5 year low as profit drops - The TheIndianSubcontinentNever miss a great news story!Get instant notifications from TheIndianSubcontinentAllowNot nowYou can switch off notifications anytime using browser settings.Stock Analysis, IPO, Mutual Funds, Bonds - MoreShares of Tata Metaliks fell as much as 6.8 per cent to Rs 541.8, lowest since March 2017.Reuters|Jul 16, 2019, 11.21 AM ISTGetty ImagesThe pig iron manufacturer posted a nearly 35 per cent fall in June-quarter consolidated profit on Monday as a 10 per cent rise in raw material cost drove expenses higher.Shares of Tata Metaliks fell as much as 6.8 per cent to Rs 541.8, their lowest since March 2017. The pig iron manufacturer posted a nearly 35 per cent fall in June-quarter consolidated profit on Monday as a 10 per cent rise in raw material cost drove expenses higher. The stock is on track for its third straight session of loss. Up to last close, shares had fallen 6.3 per cent this year.

While for peer JSW Steel, shares were down 11.7 per cent for the same period. Commenting feature is disabled in your country/region.Browse CompaniesABCDEFGHIJKLMNOPQRSTUVWXYZ|123456789To see your saved stories, click on link hightlighted in bold