TATA STEEL LTD Q1 RESULTS
Brokerages remain bullish on Tata Steel
The company on Tuesday reported a consolidated net profit of Rs 3,989 crore for the December quarter. It had posted a loss of Rs 1,166 crore in the year-ago period. Shares of Tata Steel ended up 0.5 per cent at Rs 693.45 on Thursday.
Tata Steel may focus on lowering debt
Tata Steel’s stock showed weakness over the past two trading sessions following a fall in steel prices ...
Tata Steel India business has delivered 20% margin even in worst time: TV Narendran
For Tata Steel, the India business has consistently been ...
Tata Steel’s stellar Q3 show draws wows & cynicism both
Some analysts say the Tata Steel stock is primed for another leg of the rally.
Stocks in the news: Titan, Eicher Motors, Gujarat Gas, Hindalco, GAIL & Tata Steel
Aurobindo Pharma, IGL, Page Industries, Bata India and Gujarat State Petronet are among companies which will announce their December quarter results on Wednesday.
NMDC Q3 results: Net profit jumps 53% to Rs 2,109 cr
“The various steps are undertaken to reduce costs, improve output and maximize profitability have led us to bounce back after initial set back in Q1 due to COVID-19 pandemic and set new records in this quarter,” said Sumit Deb, Chief Managing Director, NMDC.
Tata Steel Q3 results: Company reports net profit of Rs 4,011 crore versus a loss of Rs 1,229 crore in FY20
Tata Steel posted a 49.5% fall in consolidated net profits at Rs 1,665.07 crore for the September quarter of FY 21.
Tata Steel Q3 results: Firm reports net profit of Rs 3,989 cr, beats estimates; revenue rises 11%
Analysts had expected the company to report consolidated net profit of Rs 3,458.5 crore on consolidated revenues of Rs 38,909 crore.
Stocks in the news: Adani Ports, Tata Steel, Berger Paints, FRL and Bodal Chemicals
Muthoot Finance, Max Financial India, Indian Overseas Bank, Endurance Technologies and Torrent Power are among companies, which will disclose their third quarter results today.
SSAB ends talks with Tata Steel on Netherlands biz take over: What’s next?
While announcing the Q2 results, steelmaker Tata Steel said that it was in discussions with SSAB concerning a possible acquisition of the IJmuiden steel mill and related downstream assets.
Tata Metaliks Q3 results: Net profit up 55% to Rs 75 crore
Revenue from operations was Rs 526 crore for the quarter, marginally higher from Rs 518 crore registered in the corresponding period of FY20.
Stocks in the news: TCS, Biocon, NTPC, Union Bank, Tata Power and JSW Steel
Power giant NTPC served notices to six states and two Union Territories for non-payment of dues.
Tata Steel Q2 takeaways: Debt comes down; Tata Metaliks, Indian Steel to merge into Tata Steel Long Products
The metal major announced its results post market hours. Earlier in the day, shares of the company closed 2.82 per cent up at Rs 486.50. On the other hand, the benchmark BSE Sensex settled 0.20 per cent up at 43,443.
Tata Steel Q1 results: Net loss deepens to Rs 4,609 crore; misses Street estimates
Analysts in an ETNow survey had estimated Rs 2,200 crore loss for the quarter. The company had posted a net profit of Rs 695.19 crore for the year-ago quarter.
Tata Steel Q1 results preview: Firm may report over Rs 2,000 crore net loss
Edelweiss Securities believes the metal major may report a net loss of Rs 2,393 crore on 34.50 per cent fall in top line. The brokerage firm also sees a steep 96 per cent YoY dip in EBITDA in Q1FY21.