Tata Metaliks

Closing Bell: Within sectors, the Nifty metal index closed with most strength, up 1.5 per cent, followed by financials and pharma pockets, while PSB index slumped the most by over 1 per cent

Stocks to watch today: Tata Metaliks reported a sharp fall of 73 per cent in its December quarter net profit at Rs 9.48 crore, on account of increased expenses

The company had posted a Rs 35.65 crore net profit in the year-ago period, according to a statement

'Move would also drive synergies' and increase value for shareholders, says company

Shares of the to-be merged subsidiaries, Tata Steel Long Products, Tinplate Company of India, Tata Metaliks, and TRF declined 2 - 9 per cent each.

Stocks to Watch: State Bank of India (SBI) has clarified that it has not been identified as a nodal bank for handling Russia-related rupee transactions

he Tata Group company, engaged in pig iron business, had PAT of Rs 94.72 crore in the year-ago quarter (Q1FY22)

Stocks to watch today: Tata Elxsi, L&T Infotech will report their June quarter results 2022 on Thursday July 14; Mindtree posted 37.3 per cent rise in net profit to Rs 471.6 crore for Q1FY23.

It had reported a net profit of Rs 94.72 crore in the April-June quarter of financial year 2021-22, the company said in a regulatory filing.

The BSE Sensex fell 372 points at close to 53,514. The index had previously risen 325 points to the day's high.

Stocks to watch today: Mindtree, Tata Metaliks will report their June quarter 2022 (Q1FY23) results on Wednesday, July 13; NMDC will be removed from the Nifty CPSE index post hive off of NMDC Steel.

Stocks to Watch Today: Shares of pharma company - Aurobindo, Sun Pharma and Jubilant are likely to be in focus as the trio have recalled different products in the US market as per the latest USFDA

The company had clocked a Rs 74.99 crore net profit during January-March period of preceding 2020-21 fiscal, Tata Metaliks said in a BSE filing.

In Q2, EBITDA margin came in at 15.5 per cent, lower by 998 basis points (bps) QoQ and 559 bps YoY on the back of higher operating costs

Shares of Tata Metaliks Ltd jumped over 8% after the firm reported a net profit of Rs 94.72 crore for the quarter ended June 30, 2021.

The firm was helped higher sales and price realisation

During the first half of this week, 15,750 - 15,800 are the levels to watch out for and the first of sign of strength would come only after reclaiming 15,800 on a closing basis

Tata Group companies, on Friday, rallied up to 6 per cent in intra-day trade on the BSE post the Supreme Court ruling

Higher margins boosted the pig iron and ductile pipe maker

Among individual stocks, Tata Motors advanced 13 per cent to Rs 250 today in the intra-day trade, surging 26 per cent in the past two trading sessions