Sterlite Industries (India) rose 1.74% to Rs 96.30 at 09:23 IST on BSE after the company's American depository receipt, or ADR, jumped 4.95% to settle at $6.99 on the New York Stock Exchange on Tuesday, 5 March 2013.
Meanwhile, the BSE Sensex was up 90.96 points, or 0.48%, to 19,234.13.
On BSE, 45,000 shares were traded in the counter as against an average daily volume of 5.46 lakh shares in the past one quarter.
The stock hit a high of Rs 96.40 and a low of Rs 95.45 so far during the day. The stock had hit a 52-week high of Rs 123.80 on 14 March 2012. The stock had hit a 52-week low of Rs 88.60 on 4 June 2012.
The stock had underperformed the market over the past one month till 5 March 2013, sliding 12.20% compared with the Sensex's 2.63% fall. The scrip had also underperformed the market in past one quarter, falling 16.09% as against Sensex's 1.28% fall.
The large-cap company has an equity capital of Rs 336.12 crore. Face value per share is Re 1.
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Sterlite Industries (India)'s consolidated net profit jumped 30% to Rs 1191 crore on 4% growth in net sales to Rs 10692 crore in Q3 December 2012 over Q3 December 2011.
Sterlite Industries (India) 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. The company has a strong organic growth pipeline of projects.
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