Tata Steel reported a higher-than-expected consolidated net profit at Rs 6,644 crore in the March quarter (Q4) of FY21, against a net loss of Rs 1,481 crore in the corresponding period last year
Third private sector company to report quarterly revenue of Rs 50,000 crore
Fitch Ratings has assigned JSW Hydro Energy's proposed US-dollar senior secured notes an expected rating of 'BB+(EXP)' with a stable outlook
Tata Steel's market capitalisation more than quadrupled since March 2020 from around Rs 30,400 crore to Rs 1.27 trillion now
Amid a sharp rally in the stock, the steelmaker overtakes Titan after a gap of nearly 6 years
Major metal stocks are not witnessing any selling pressure despite trading in the overbought category of RSI
The company's m-cap is up 27% in April so far, and has trebled since Sept 2020
Some have temporarily shut down units in the wake of rising Covid cases, but at least three major suppliers to the auto industry said the move was unlikely to impact negotiations
The 30-share bluechip index is rebalanced on a semi-annual basis with next rejig slated for June 18
Indian steel major Tata Steel has filed a commercial court claim in the UK against British Indian steel tycoon Sanjeev Gupta led GFG Alliance
The Indian steel industry has the capacity to supply about 3,000 tonnes a day of medical oxygen
Tata Steel BSL's consolidated net profit more-than-doubled to Rs 1,913 crore in Q4FY21, against Rs 913 crore in December quarter (Q3FY21)
The live trade finance transaction involved export of steel by Tata Steel, India to Universal Tube & Plastic Industries, UAE
Had acquired three Chromite mines with 50-year leases in the 2020 mineral auctions
Shares of steel cos have been on a tear recently, owing to a sharp rally in steel prices. Price of Asian flat HRC has shot up over 20% while that in Europe has gained 40% this calendar year
On Tuesday, March 6, Standard and Poor's raised the credit rating of Tata Steel and its subsidiary ABJA Investment Co from 'B+' to 'BB-'
CARE Ratings has assigned Wockhardt's proposed non-convertible debenture issue of Rs 200 crore a rating of 'BBB-, with a stable outlook
Domestic steel giant Tata Steel on Tuesday said its consolidated steel production remained almost flat at 7.4 million tonnes (MT) in the quarter ended March 31, 2021.
In the base-case scenario, Tata Steel's adjusted debt could decline by about 30 per cent by March 2023 from the March 2020 level of about Rs 1 trillion
In Tata Steel, FPI holding was up by 5.69% and in SAIL by 0.93% between October and December; in JSPL and JSW Steel, it was marginally down by 0.72% and 0.03%, respectively