Tinplate Company of India ltd - 504966

Name of Company	Tinplate Company of India ltd
BSE Code	504966
NSE Code	TINPLATE
ICICI Code
Established
My Take	So-So
Headquarters	Kolkata
Promoters	Tata group
Story	A Tata Enterprise company which is India's largest manufacturer of  tin plates
Sector	Metals
Sub-sector	Tin plate manufacturing (leading manufacturer in India)
Website	http://www.tatatinplate.com/
Positives	Makes regular profits, but margin keeps varying. 45% promoter holding,
Negatives	Not a regular dividend payer, Prices are raw materials are increasing and may continue to rise for some time.
Peers
News
Price @ blogged	62.5 (11-Feb-11)
Cost of company	450 Cr market cap for a FY10 NP of 67 Cr makes it less than 7 times. For a 5% average NPM company(wavering) with 237 Cr reserves and 207 Cr debt, this seems slightly costly.