Mon, Jul 24, 2023
Tata Steel Q1 results: Tata Steel on Monday posted over 93 per cent decline in consolidated net profit to Rs 524.85 crore for the April-June quarter of 2023-24 on account of higher expenses.
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Tata Steel Q1 preview: Analysts at ICICI Securities note in the Q1FY24 preview report that ferrous players look better placed than non-ferrous players considering the improving spot spreads and better traction in the domestic market.
Tue, Jul 26, 2022
The brokerage has maintained a Reduce rating given the current scenario for metals and kept the price target unchanged at Rs 827 apiece which also happens to be its current 52-week low.
Earlier on Monday, the steel major posted a 21 per cent fall in its consolidated net profit to Rs 7,714 crore for the April-June quarter due to higher costs of materials and finance costs, the company said in a regulatory filing.
Tue, Aug 08, 2017
The 31-scrip index was trading at 32,316.58 above 42 points or 0.13%, while the 51-scrip gained over 21 points or 0.21% trading at 10,078.50.
Tue, Sep 13, 2016
Hans Fischer, MD & CEO of Tata Steel in Europe, said, "Modest forecasted growth in European steel demand this year is still being undermined by increased imports which is leading to continued declines in domestic deliveries. That's why its vital we continue every effort to improve our competitiveness."
Mon, Sep 12, 2016
Recently, Thyssenkrupp was in merger talks with Tata Steel's European steel business.
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