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Page 11 - Tata Steel

Tata Steel PAT up 139% to Rs 9,598 cr in Dec qtr on economic recovery

Consolidated turnover was at Rs 60,783 crore in the quarter compared to Rs 41,935 crore a year back

Tata Steel PAT up 139% to Rs 9,598 cr in Dec qtr on economic recovery
Updated On : 04 Feb 2022 | 11:37 PM IST

Tata Steel Q3 net profit surges 139% to Rs 9,598 cr, revenue rises 45%

Tata Steel said it is conducting trials to inject Coal Bed Methane gas into a blast furnace to reduce coke consumption during steelmaking

Tata Steel Q3 net profit surges 139% to Rs 9,598 cr, revenue rises 45%
Updated On : 04 Feb 2022 | 8:13 PM IST

Sensex slips 143 pts; Nifty holds 17,500; Realty, PSBs dip, metals shine

Among the Sensex pack, SBI was the biggest loser as it dropped over 2 per cent. M&M, NTPC, Kotak Bank, Bajaj Finserv, HDFC, Power Grid, and RIL were the other losers, all down between 1-1.8 per cent

Sensex slips 143 pts; Nifty holds 17,500; Realty, PSBs dip, metals shine
Updated On : 04 Feb 2022 | 3:44 PM IST

Tata Steel can acquire NINL without sacrificing rating headroom: S&P

Tata Steel's debt is expected to continue to decline over the next two years, despite the Rs 12,100 crore deployed for the acquisition of NINL

Tata Steel can acquire NINL without sacrificing rating headroom: S&P
Updated On : 03 Feb 2022 | 9:31 AM IST

Budget impact: Nifty Metal index soars 4%; Tata Steel, SAIL rally up to 8%

This government has allocated Rs 7.5 trillion towards capital expenditure, up 35.4 per cent higher compared to the previous year's figure of Rs 5.5 trillion.

Budget impact: Nifty Metal index soars 4%; Tata Steel, SAIL rally up to 8%
Updated On : 01 Feb 2022 | 3:28 PM IST

Tata Steel arm to buy govt stake in Neelachal Ispat for Rs 12,100 crore

This is the first time a public sector steel manufacturing company has been privatised in India

Tata Steel arm to buy govt stake in Neelachal Ispat for Rs 12,100 crore
Updated On : 01 Feb 2022 | 2:15 AM IST

Market wrap: Sensex gains 814 points ahead of Budget in broad-based rally

Govt okays Neelachal Ispat sale to Tata Steel Long Products; stock rises 6%; Adani Wilmar IPO subscribed 17.36 times; GMP halves in a week; Hotel stocks rally on improved outlook after third wave

Market wrap: Sensex gains 814 points ahead of Budget in broad-based rally
Updated On : 31 Jan 2022 | 5:44 PM IST

Govt approves sale of NINL to Tata Steel Long Products for Rs 12,100 cr

Neelachal Ispat is a joint venture of 4 CPSEs and 2 Odisha government PSUs

Govt approves sale of NINL to Tata Steel Long Products for Rs 12,100 cr
Updated On : 31 Jan 2022 | 3:26 PM IST

Metals poised for a rally, suggest charts; JSPL, Tata Steel are top picks

A Double Bottom breakout on metal index indicates an upside towards 6,300-level, which is 7% higher from current levels.

Metals poised for a rally, suggest charts; JSPL, Tata Steel are top picks
Updated On : 14 Jan 2022 | 11:26 AM IST

Vodafone Idea, Paytm: Trading strategies for buzzing stocks of the day

Vodafone Idea continues to attract risky traders as medium-term outlook remains robust

Vodafone Idea, Paytm: Trading strategies for buzzing stocks of the day
Updated On : 11 Jan 2022 | 2:43 PM IST

Tata Steel's output grows 2% to 7.68 MT in Dec quarter; sales fall 3%

India headquartered Tata Steel Group is among the top global steel companies with an annual capacity of 34 MT

Tata Steel's output grows 2% to 7.68 MT in Dec quarter; sales fall 3%
Updated On : 07 Jan 2022 | 7:48 PM IST

Rail rake shortage hurts steel delivery of Odisha, Karnataka steel mills

Industry officials said inventory build-up at various plant locations is also an issue

Rail rake shortage hurts steel delivery of Odisha, Karnataka steel mills
Updated On : 29 Dec 2021 | 1:03 AM IST

Stocks to Watch: Medplus, Tata Motors, Tata Steel, GE Ship, Inox Wind, HFCL

The Grey Market Premium (GMP) indicates a likely listing gain of 15-20 per cent for Medplus Health Services

Stocks to Watch: Medplus, Tata Motors, Tata Steel, GE Ship, Inox Wind, HFCL
Updated On : 23 Dec 2021 | 8:44 AM IST

Tata Steel UK plant helps build world's largest offshore wind farm

Tata Steel said hundreds of tonnes of its products, able to endure the harsh North Sea conditions, will be used for the giant wind farm project located 130 km off the north-east coast of England

Tata Steel UK plant helps build world's largest offshore wind farm
Updated On : 23 Dec 2021 | 12:15 AM IST

Odisha bags proposals worth Rs 2.48 trillion from steel sector in 6 months

Raw material, port facilities, slurry pipe infrastructure make the state a "popular" choice

Odisha bags proposals worth Rs 2.48 trillion from steel sector in 6 months
Updated On : 20 Dec 2021 | 12:59 PM IST

India Ratings upgrades Tata Steel to 'IND AA+'; outlook 'stable'

The ratings agency said that reducing exposure to loss-making overseas units, sustained positive free cash flows at European operations are positives for the steelmaker

India Ratings upgrades Tata Steel to 'IND AA+'; outlook 'stable'
Updated On : 16 Dec 2021 | 2:54 PM IST

Ind-Ra upgrades Tata Steel's long-term issuer rating to 'AA+' from 'AA'

India Ratings and Research (Ind-Ra) on Wednesday said it has upgraded Tata Steel's long-term issuer rating to 'AA+' from 'AA'.

Ind-Ra upgrades Tata Steel's long-term issuer rating to 'AA+' from 'AA'
Updated On : 16 Dec 2021 | 7:56 AM IST

Breakout on the cards? Tata Steel, Vedanta, SAIL can rise up to 12%

The metal index is on the verge of breakout, if crosses 5,800 mark, another 6 per cent jump is very certain.

Breakout on the cards? Tata Steel, Vedanta, SAIL can rise up to 12%
Updated On : 14 Dec 2021 | 12:07 PM IST

Commissioned 10 PSA oyxgen plants in J'Khand, says Tata Steel Foundation

Tata Steel Foundation on Friday said it has commissioned 10 state-of-the-art Pressure Swing Adsorption (PSA) oxygen plants at various locations across Jharkhand.

Commissioned 10 PSA oyxgen plants in J'Khand, says Tata Steel Foundation
Updated On : 04 Dec 2021 | 2:33 AM IST

Current steel rally might make FY22 a turnaround year for Tata Steel Europe

The removal of "Section 232" - 25 per cent tariffs by the US while allowing limited volumes of steel from the European Union - should also augur well for TSE

Current steel rally might make FY22 a turnaround year for Tata Steel Europe
Updated On : 03 Dec 2021 | 6:10 AM IST