In the past six months, the stock has zoomed 120 per cent, as compared to a 6.8 per cent rise in the S&P BSE Sensex
In an interview with Business Standard, T V Narendran talks about the company's thrust on exports in 2021-22 (FY22), Europe operations becoming self-sufficient, and the domestic demand scenario
Most analysts remain bullish on the stock
With its unrelated new initiatives, the group will enter the turfs dominated by the likes of Intel, Samsung, Tesla, Huawei, Amazon and Walmart- all of which are more focused than it - writes T N Ninan
On the contrary, broader indices underperformed and ended mildly lower
NMDC posted an over six-fold jump in its consolidated net profit to Rs 3,191.30 crore in the first quarter ended June
Led by strong steel prices, top line or total revenue from operations in the period under review stood at Rs 53,372 crore, up 108 per cent from the same period last year
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Even though the demand is seen recovering in India, domestic steel prices continue to be at a steep discount to China import parity prices, says CEO Narendran
The Nifty IT index jumped 3 per cent and ended around record high levels of 32,245.
State-owned Power Grid Corporation of India board has decided to infuse fresh equity up to Rs 425 crore in Energy Efficiency Services
Tata Steel BSL set up the world's first ultraviolet oxidation plant in the industry at its facility in Odisha's Dhenkanal to treat cyanide in coke oven wastewater, a deadly pollutant, the company said
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An improving balance sheet is aiding the bullish sentiment as Tata Steel joins scores of Indian corporates who are using record-low interest rates to trim their liabilities.
Tata Steel BSL Ltd on Wednesday returned to the black, posting a consolidated net profit of Rs 2,478 crore in the quarter ended June 30.
The outlook on ratings is stable and reflects the view that the company can adequately deleverage to reduce volatility in credit metrics during industry downturns
Tata Steel hogged the limelight in the Sensex pack, rallying 6.87%
It accounts for 9.2% of group m-cap, highest in a decade
In the third instalment of a four-part series on how some of the defining numbers in key sectors are springing back to the pre-pandemic level, Ishita Ayan Dutt looks at India's metals industry
Tata Steel Foundation on Friday said it has inked pacts with non-profit bodies - KMCO and CIF in a bid to boost education among underprivileged children and youth in Jamshedpur.