Nifty
Sensex
:
:
15752.05
52907.93
-28.20 (-0.18%)
-111.01 (-0.21%)

Steel & Iron Products

Rating :
55/99

BSE: 500470 | NSE: TATASTEEL

872.85
01-Jul-2022
  • Day's Open
  • Day's High
  • Day's Low
  • Previous Close
  • 866.95
  • 875.00
  • 859.10
  • 867.05
  • Volume
  • Traded Value (lacs)
  • 52 Week High
  • 52 Week Low
  •  5476189
  •  47470.01
  •  1534.50
  •  827.00

Stock Summary

  • Market Cap(Crs)
  • Stock P:E
  • Face Value
  • 106,746.76
  • 2.66
  • 10
  • Enterprise Value(Crs)
  • Dividend Yield
  • Price:Book Value
  • 159,676.51
  • 5.84%
  • 0.94

Shareholding Pattern

  • Promoter
  • Corporate
  • Public
  • 33.92%
  • 0.90%
  • 17.56%
  • FII
  • DII
  • Others
  • 22.87%
  • 20.34%
  • 4.41%

Chart

Price | P:E | P:BV | EV:EBITDA | MCap:Sales | EPS

Revenue CAGR (%)

  • 10 Years
  • 5 Years
  • 3 Years
  • 6.12
  • 13.02
  • 17.87

EBITDA CAGR (%)

  • 10 Years
  • 5 Years
  • 3 Years
  • 17.95
  • 26.04
  • 28.93

PAT CAGR (%)

  • 10 Years
  • 5 Years
  • 3 Years
  • 20.62
  • 24.48
  • 206.76

P:E (Median)

  • 8 Years
  • 5 Years
  • 3 Years
  • 4.20
  • 4.89
  • 4.81

P:BV (Average)

  • 8 Years
  • 5 Years
  • 3 Years
  • 1.17
  • 1.24
  • 1.15

EV:EBITDA (Average)

  • 8 Years
  • 5 Years
  • 3 Years
  • 7.33
  • 6.50
  • 6.63

Quarterly Results

Consolidated Figures in Rs. Crores /

Standalone
Description
Mar 22
Mar 21
Var%
Dec 21
Dec 20
Var%
Sep 21
Sep 20
Var%
Jun 21
Jun 20
Var%
Net Sales
69,323.50
50,028.37
38.57%
60,783.11
41,935.21
44.95%
60,282.78
38,939.94
54.81%
53,371.81
25,474.52
109.51%
Expenses
54,293.89
35,844.29
51.47%
44,889.44
32,366.97
38.69%
43,826.66
32,727.23
33.91%
37,261.26
24,935.29
49.43%
EBITDA
15,029.61
14,184.08
5.96%
15,893.67
9,568.24
66.11%
16,456.12
6,212.71
164.88%
16,110.55
539.23
2,887.70%
EBIDTM
21.68%
28.35%
26.15%
22.82%
27.30%
15.95%
30.19%
2.12%
Other Income
292.20
272.18
7.36%
59.61
217.66
-72.61%
270.85
217.85
24.33%
162.23
187.91
-13.67%
Interest
1,098.51
1,866.27
-41.14%
1,532.49
1,786.01
-14.19%
1,019.77
1,948.00
-47.65%
1,811.43
2,006.43
-9.72%
Depreciation
2,243.39
2,392.41
-6.23%
2,244.09
2,341.53
-4.16%
2,288.85
2,325.05
-1.56%
2,324.54
2,174.65
6.89%
PBT
11,705.62
9,206.45
27.15%
11,983.30
5,504.81
117.69%
13,934.31
2,200.67
533.18%
11,954.48
-3,395.58
-
Tax
2,029.85
2,194.95
-7.52%
2,567.42
1,582.25
62.26%
1,571.87
609.15
158.04%
2,308.41
1,267.55
82.12%
PAT
9,675.77
7,011.50
38.00%
9,415.88
3,922.56
140.04%
12,362.44
1,591.52
676.77%
9,646.07
-4,663.13
-
PATM
13.96%
14.02%
15.49%
9.35%
20.51%
4.09%
18.07%
-18.31%
EPS
79.89
55.48
44.00%
78.39
32.29
142.77%
99.13
13.67
625.16%
74.11
-38.58
-

Annual Results

Consolidated Figures in Rs. Crores /

Standalone
Description
TTM
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Mar 16
Mar 15
Mar 14
Mar 13
Net Sales
-
243,959.17
156,477.40
148,971.71
167,301.73
132,314.90
115,423.19
114,716.45
139,503.73
148,613.55
134,711.54
Net Sales Growth
-
55.91%
5.04%
-10.96%
26.44%
14.63%
0.62%
-17.77%
-6.13%
10.32%
 
Cost Of Goods Sold
-
83,478.74
56,617.58
63,606.98
67,441.91
52,228.94
40,301.68
44,463.22
55,781.01
62,810.18
60,678.35
Gross Profit
-
160,480.43
99,859.82
85,364.73
99,859.82
80,085.96
75,121.51
70,253.23
83,722.72
85,803.37
74,033.19
GP Margin
-
65.78%
63.82%
57.30%
59.69%
60.53%
65.08%
61.24%
60.01%
57.74%
54.96%
Total Expenditure
-
180,469.22
125,973.14
131,149.76
137,682.67
112,353.37
102,283.32
109,274.84
127,059.48
132,258.66
122,533.82
Power & Fuel Cost
-
8,028.29
5,708.42
6,343.85
5,316.56
4,440.43
5,220.83
4,993.89
6,845.38
7,125.20
6,544.38
% Of Sales
-
3.29%
3.65%
4.26%
3.18%
3.36%
4.52%
4.35%
4.91%
4.79%
4.86%
Employee Cost
-
23,264.10
19,908.81
19,152.23
19,355.98
17,657.41
18,233.27
21,299.45
21,407.64
20,303.41
18,912.00
% Of Sales
-
9.54%
12.72%
12.86%
11.57%
13.34%
15.80%
18.57%
15.35%
13.66%
14.04%
Manufacturing Exp.
-
38,145.42
24,228.60
23,683.22
22,925.54
18,606.24
16,987.60
17,032.00
21,200.32
21,799.67
18,763.04
% Of Sales
-
15.64%
15.48%
15.90%
13.70%
14.06%
14.72%
14.85%
15.20%
14.67%
13.93%
General & Admin Exp.
-
16,563.49
9,637.12
10,586.57
14,523.64
11,978.92
9,165.15
7,773.44
13,340.06
12,123.91
10,735.35
% Of Sales
-
6.79%
6.16%
7.11%
8.68%
9.05%
7.94%
6.78%
9.56%
8.16%
7.97%
Selling & Distn. Exp.
-
12,464.15
9,657.72
9,361.35
8,648.53
8,205.40
7,503.09
7,090.51
9,109.58
9,300.03
7,705.44
% Of Sales
-
5.11%
6.17%
6.28%
5.17%
6.20%
6.50%
6.18%
6.53%
6.26%
5.72%
Miscellaneous Exp.
-
1,414.93
1,980.58
733.56
1,134.79
236.89
5,636.41
7,715.30
543.68
323.05
7,705.44
% Of Sales
-
0.58%
1.27%
0.49%
0.68%
0.18%
4.88%
6.73%
0.39%
0.22%
0.38%
EBITDA
-
63,489.95
30,504.26
17,821.95
29,619.06
19,961.53
13,139.87
5,441.61
12,444.25
16,354.89
12,177.72
EBITDA Margin
-
26.02%
19.49%
11.96%
17.70%
15.09%
11.38%
4.74%
8.92%
11.00%
9.04%
Other Income
-
784.89
895.60
1,827.61
1,423.25
2,855.22
595.47
521.83
887.68
572.93
622.64
Interest
-
5,462.20
7,606.71
7,580.72
7,741.88
5,501.91
5,111.54
4,203.02
4,847.75
4,336.83
3,968.11
Depreciation
-
9,100.87
9,233.64
8,707.67
7,579.32
5,961.66
5,689.77
5,393.08
5,943.60
5,841.22
5,575.32
PBT
-
49,711.77
14,559.51
3,361.17
15,721.11
11,353.18
2,934.03
-3,632.66
2,540.58
6,749.77
3,256.93
Tax
-
8,477.55
5,653.90
-2,552.90
6,708.79
3,405.40
2,786.02
744.39
2,567.41
3,058.16
3,229.44
Tax Rate
-
17.10%
41.83%
162.77%
43.05%
16.25%
-200.40%
208.09%
-184.96%
45.49%
-78.14%
PAT
-
39,504.77
7,162.88
1,368.57
9,996.06
13,218.42
-4,248.45
-272.36
-3,942.21
3,594.05
-7,147.93
PAT before Minority Interest
-
41,100.16
7,862.45
984.49
8,876.06
17,546.90
-4,176.22
-386.67
-3,955.50
3,663.97
-7,362.39
Minority Interest
-
-1,595.39
-699.57
384.08
1,120.00
-4,328.48
-72.23
114.31
13.29
-69.92
214.46
PAT Margin
-
16.19%
4.58%
0.92%
5.97%
9.99%
-3.68%
-0.24%
-2.83%
2.42%
-5.31%
PAT Growth
-
451.52%
423.38%
-86.31%
-24.38%
-
-
-
-
-
 
EPS
-
326.00
59.11
11.29
82.49
109.08
-35.06
-2.25
-32.53
29.66
-58.99

Results Balance Sheet

Consolidated Figures in Rs. Crores /

Standalone
Description
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Mar 16
Mar 15
Mar 14
Mar 13
Shareholder's Funds
114,443.04
74,238.77
73,576.30
68,925.08
60,870.62
37,819.32
43,732.55
33,806.31
43,158.90
36,826.80
Share Capital
1,221.21
1,972.61
3,419.95
3,419.94
3,419.95
3,245.24
3,245.24
3,266.41
3,266.41
3,267.62
Total Reserves
113,221.83
72,262.38
70,156.35
65,505.14
57,450.65
34,574.07
40,487.31
30,539.90
39,892.49
33,559.18
Non-Current Liabilities
74,735.21
95,533.61
111,325.31
100,449.77
91,253.59
82,685.30
84,416.53
77,789.52
62,915.86
56,453.07
Secured Loans
7,629.54
25,378.02
37,337.17
27,631.15
20,790.88
17,725.58
21,742.18
22,997.79
27,972.61
24,337.24
Unsecured Loans
37,134.53
40,319.99
56,767.80
52,711.58
51,998.22
46,296.69
43,130.60
42,677.41
24,393.80
22,520.38
Long Term Provisions
8,239.69
8,191.71
7,833.25
6,699.67
6,854.80
6,945.96
7,369.96
7,503.76
6,156.48
5,356.44
Current Liabilities
90,588.00
70,867.13
61,660.91
61,034.13
55,661.41
50,341.05
47,953.97
45,971.52
64,123.14
52,285.42
Trade Payables
36,764.87
25,967.49
21,380.85
21,716.96
20,413.81
18,574.46
18,556.70
19,189.86
22,904.37
19,339.59
Other Current Liabilities
28,326.68
26,090.93
18,681.07
26,509.26
17,199.15
11,616.73
11,041.11
14,479.59
21,994.85
19,454.98
Short Term Borrowings
21,187.04
9,492.11
19,184.48
10,802.08
15,884.98
18,328.10
15,722.12
9,598.55
16,026.18
10,547.56
Short Term Provisions
4,309.41
9,316.60
2,414.51
2,005.83
2,163.47
1,821.76
2,634.04
2,703.52
3,197.74
2,943.29
Total Liabilities
282,421.67
243,909.19
249,149.12
232,773.44
208,722.14
172,447.37
176,883.99
159,271.20
171,935.62
147,234.65
Net Block
133,287.83
135,775.18
134,550.66
124,441.91
96,104.89
92,006.55
72,199.76
68,100.33
74,906.93
68,001.60
Gross Block
221,751.76
217,939.26
201,046.98
178,428.08
145,443.86
131,301.96
112,647.02
164,617.97
171,891.37
147,839.47
Accumulated Depreciation
76,126.95
69,791.49
59,773.30
49,608.65
46,251.12
35,373.20
36,021.63
84,913.17
88,452.28
72,715.84
Non Current Assets
189,865.06
183,697.29
190,416.40
173,782.46
140,844.98
121,512.34
131,092.03
104,103.06
113,080.79
91,952.00
Capital Work in Progress
22,045.55
19,007.40
19,496.83
18,641.21
16,614.41
15,784.13
35,996.09
28,678.12
26,822.45
14,276.62
Non Current Investment
4,615.43
3,463.04
2,853.31
3,213.31
2,990.50
6,783.99
6,050.16
2,080.43
2,425.07
2,497.37
Long Term Loans & Adv.
29,166.16
24,795.49
32,894.79
25,114.49
23,856.47
5,591.68
15,653.25
5,106.57
8,781.73
7,097.65
Other Non Current Assets
750.09
656.18
620.81
2,371.54
1,278.71
1,345.99
1,192.77
137.61
144.61
78.76
Current Assets
92,556.61
60,211.90
58,732.72
58,990.98
67,877.16
50,935.03
45,791.96
53,740.14
57,989.41
54,224.77
Current Investments
8,524.42
7,218.89
3,431.87
2,524.86
14,908.97
5,673.13
4,663.55
1,374.62
2,668.40
760.29
Inventories
48,824.39
33,276.38
31,068.72
31,656.10
28,331.04
24,803.82
20,013.33
25,149.91
26,880.00
24,091.19
Sundry Debtors
12,246.43
9,539.84
7,884.91
11,811.00
12,415.52
11,586.82
12,066.22
13,309.87
16,005.77
13,993.96
Cash & Bank
15,898.93
5,782.18
8,054.72
3,341.37
7,937.85
4,921.05
6,186.34
8,749.94
8,604.50
9,833.92
Other Current Assets
7,062.44
3,020.25
5,514.84
5,955.30
4,283.78
3,950.21
2,862.52
5,155.80
3,830.74
5,545.41
Short Term Loans & Adv.
2,369.19
1,374.36
2,777.66
3,702.35
3,091.60
1,986.06
1,803.25
4,748.34
3,192.99
4,060.54
Net Current Assets
1,968.61
-10,655.23
-2,928.19
-2,043.15
12,215.75
593.98
-2,162.01
7,768.62
-6,133.73
1,939.35
Total Assets
282,421.67
243,909.19
249,149.12
232,773.44
208,722.14
172,447.37
176,883.99
159,271.20
171,935.62
147,234.65

Cash Flow

Consolidated Figures in Rs. Crores /

Standalone
Description
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Mar 16
Mar 15
Mar 14
Mar 13
Cash From Operating Activity
44,380.99
44,326.68
20,168.72
25,335.95
8,023.39
10,824.36
11,455.35
11,879.77
13,145.89
14,035.29
PBT
50,226.87
13,843.69
-1,380.44
15,807.12
21,168.20
-1,382.55
247.30
-1,388.09
6,722.13
-4,132.95
Adjustment
15,673.52
14,696.00
19,458.87
12,032.54
-981.06
18,963.99
6,576.71
15,343.52
10,785.05
16,896.56
Changes in Working Capital
-9,617.70
16,491.31
4,196.20
2,590.51
-9,275.53
-4,914.42
6,165.62
351.35
-1,348.55
3,840.66
Cash after chg. in Working capital
56,282.69
45,031.00
22,274.63
30,430.17
10,911.61
12,667.02
12,989.63
14,306.78
16,158.63
16,604.27
Interest Paid
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Tax Paid
-11,901.70
-704.32
-2,105.91
-5,094.22
-2,888.22
-1,842.66
-1,534.28
-2,427.01
-3,012.74
-2,568.98
Other Direct Exp. Paid
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Extra & Other Items
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Cash From Investing Activity
-10,881.23
-9,322.88
-14,530.35
-29,210.93
-12,025.63
-9,075.59
-9,253.82
-8,422.14
-16,451.11
-13,296.86
Net Fixed Assets
-5,954.46
-36,592.85
-6,310.57
-3,407.30
-2,367.51
-3,973.03
-18,394.26
-7,466.60
-10,899.25
-7,721.82
Net Investments
-7,313.41
13,911.94
-10,689.35
-15,129.79
-10,611.22
-1,880.29
41,378.90
1,497.48
-4,243.00
-136.28
Others
2,386.64
13,358.03
2,469.57
-10,673.84
953.10
-3,222.27
-32,238.46
-2,453.02
-1,308.86
-5,438.76
Cash from Financing Activity
-23,401.09
-37,089.67
-1,694.62
-672.70
6,639.94
-2,579.36
-4,729.12
-2,617.19
1,014.56
-1,780.41
Net Cash Inflow / Outflow
10,098.67
-2,085.87
3,943.75
-4,547.68
2,637.70
-830.59
-2,527.59
840.44
-2,290.66
-1,041.98
Opening Cash & Equivalents
5,532.08
7,732.34
3,270.30
7,783.50
4,850.48
6,076.94
8,177.13
8,406.33
9,669.10
10,513.11
Closing Cash & Equivalent
15,606.96
5,532.08
7,732.34
3,270.30
7,783.50
4,832.29
6,109.05
8,647.78
8,451.30
9,669.10

Financial Ratios

Consolidated /

Standalone
Description
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Mar 16
Mar 15
Mar 14
Mar 13
Book Value (Rs.)
929.94
610.93
624.37
581.53
510.51
0.00
378.16
0.00
0.00
328.37
ROA
15.62%
3.19%
0.41%
4.02%
9.21%
0.00%
-0.23%
0.00%
0.00%
-5.00%
ROE
44.03%
10.87%
1.43%
14.20%
38.91%
0.00%
-1.13%
0.00%
0.00%
-19.61%
ROCE
32.67%
12.26%
3.34%
14.47%
19.60%
0.00%
3.87%
0.00%
0.00%
-0.16%
Fixed Asset Turnover
1.11
0.75
0.79
1.03
0.96
0.00
0.86
0.00
0.00
1.00
Receivable days
16.30
20.32
24.13
26.43
32.89
0.00
38.89
0.00
0.00
37.96
Inventory Days
61.42
75.05
76.84
65.44
72.81
0.00
69.21
0.00
0.00
65.32
Payable days
137.14
152.62
123.66
58.31
66.70
0.00
69.51
0.00
0.00
58.40
Cash Conversion Cycle
-59.43
-57.25
-22.68
33.55
39.01
0.00
38.59
0.00
0.00
44.88
Total Debt/Equity
0.61
1.09
1.58
1.46
1.52
0.00
2.01
0.00
0.00
1.92
Interest Cover
10.08
2.78
0.79
3.01
4.81
0.00
1.09
0.00
0.00
-0.04

News Update:


  • Tata Steel planning to spend around Rs 1,200 crore on new technology development
    30th Jun 2022, 11:49 AM

    In the new materials business, the company has been focusing on graphene

    Read More
  • Tata Steel planning to boost operation of Neelachal Ispat Nigam after completing acquisition
    29th Jun 2022, 11:56 AM

    However, the ramping up of the operations of Neelachal Ispat Nigam would be subject to obtaining statutory clearances

    Read More
  • Moody's changes Tata Steel's outlook to positive from stable
    28th Jun 2022, 15:40 PM

    he outlook change to positive shows the domestic steel giant's track record of delivering a solid operating performance

    Read More
  • Tata Steel plans for transition to low carbon technologies for making steel in UK, Netherlands
    23rd Jun 2022, 15:28 PM

    Both, Tata Steel UK and Tata Steel Netherlands have been developing detailed plans for transition to low CO2 technologies in line with the company's goal to produce CO2-neutral steel by 2050 in Europe

    Read More
  • Tata Steel inks MoU with C-MET Thrissur, Digital University Kerala to set up IICG
    23rd Jun 2022, 10:37 AM

    The Company will play a key role in operationalising the Centre

    Read More
  • Tata Steel’s arm acquires additional 10% stake in Rohit Ferro-Tech
    16th Jun 2022, 10:12 AM

    Upon completion of the transaction, the equity stake of TSML in RFT will increase from 90% to 100%

    Read More
  • Tata Steel unveils 7-million pound investment plan for Hartlepool Tube Mill in England
    13th Jun 2022, 16:00 PM

    The investment is forecast to pay for itself in less than three years

    Read More
  • Tata Steel, Welspun Corp sign MoU to develop, manufacture green pipes for hydrogen transportation
    9th Jun 2022, 15:58 PM

    This MoU will enhance the general understanding and knowledge of the transportation of hydrogen globally

    Read More
  • Tata Steel acquires 12.17% stake in TRF
    9th Jun 2022, 11:00 AM

    The company has acquired 16,50,00,000 NCRPS aggregating to Rs 165 crore

    Read More
  • Tata Steel’s Jamshedpur plant wins World Economic Forum’s Advanced 4IR Lighthouse Award
    28th May 2022, 11:45 AM

    With this new milestone, Tata Steel is one of the few enterprises with three manufacturing sites in the Global Lighthouse network

    Read More
  • Tata Steel acquires stake in Tata Steel Downstream Products
    26th May 2022, 09:30 AM

    The company has acquired 3,55,871 equity shares of Rs 10 each at a premium of Rs 130.50 per share, of TSDPL

    Read More
  • Tata Steel acquires 11.25% OCRPS of TRF
    9th May 2022, 09:45 AM

    With this acquisition, Tata Steel will hold 1,20,00,000, 11.25% OCRPS representing 100% of the preference share capital of TRF

    Read More
  • Tata Steel to install Electric Arc Furnaces in north, south and west India
    5th May 2022, 09:30 AM

    Electric Arc Furnaces use recycled steel or steel scrap and the company will install its first facility in Punjab

    Read More
  • Tata Steel to complete acquisition of Neelachal Ispat Nigam by end of current quarter
    4th May 2022, 16:23 PM

    On January 31, Tata Steel announced winning the bid for acquiring 93.71 per cent stake in Odisha-based steel maker NINL for Rs 12,100 crore

    Read More
  • Tata Steel reports 37% rise in Q4 consolidated net profit
    4th May 2022, 09:46 AM

    The company has reported a standalone net profit of Rs 7,839.46 crore for the quarter ended March 31, 2022

    Read More
  • Tata Steel - Quarterly Results
    3rd May 2022, 19:16 PM

    Read More
  • Tata Steel sets up CAAQMS at Jharia Colliery division: Report
    26th Apr 2022, 11:05 AM

    This is the second CAAQMS device installed in the Jharia division of Tata Steel

    Read More
  • Tata Steel to stop doing business with Russia
    21st Apr 2022, 11:28 AM

    Tata Steel does not have any operations or employees in Russia

    Read More
  • Tata Steel inks business cooperation agreement with Thiess
    20th Apr 2022, 09:49 AM

    The company will work closely with Thiess India Engineering Hub, which provides technical support to Thiess' global operations

    Read More
  • Tata Steel, Tata Steel Europe recognised by worldsteel as 2022 Steel Sustainability Champions
    19th Apr 2022, 11:50 AM

    The World Steel Association has recognised ten companies as Steel Sustainability Champions for their work in 2021

    Read More
  • Tata Steel enters into MoU with RITES
    13th Apr 2022, 09:53 AM

    RITES and Tata Steel would collaborate to offer services in the areas of railway rolling stock exports

    Read More
  • Tata Steel’s arm acquires 90% stake in Rohit Ferro-Tech
    13th Apr 2022, 09:22 AM

    The investment from TSML to RFT has been made through a combination of equity of Rs 10 crore and inter-corporate loan of Rs 607.12 crore

    Read More
  • Tata Steel acquires entire equity stake of SAIL held in S&T Mining
    12th Apr 2022, 16:19 PM

    On completion of the acquisition, S&T Mining has become a wholly owned subsidiary of the Company

    Read More
  • Tata Steel joins World Economic Forum’s Global Parity Alliance
    12th Apr 2022, 15:38 PM

    The GPA is a cross-industry group of global organisations taking holistic action to accelerate diversity, equity & inclusion

    Read More
  • NCLT approves resolution plan of Tata Steel’s arm for acquisition of Rohit Ferro-Tech
    8th Apr 2022, 14:51 PM

    Tata Steel is also in the process to acquire Odisha-based Stork Ferro and Mineral Industries for Rs 155 crore in an all-cash deal

    Read More
  • Tata Steel inks pact to acquire entire stake held by SAIL in S&T Mining
    7th Apr 2022, 12:13 PM

    The acquisition is part of Tata Steel Group portfolio restructuring and simplification strategy

    Read More
  • Tata Steel reports around 3% fall in consolidated steel output at 7.57 MT for Q4FY22
    6th Apr 2022, 09:36 AM

    The company’s total sales rose by over 4 per cent to 7.82 MT in the fourth quarter, from 7.51 MT in the year-ago period

    Read More
  • Tata Steel uses inland waterways for Kalinganagar plant expansion project
    5th Apr 2022, 17:32 PM

    The move will pave the way for a sustainable logistics model with a potential cost advantage, which will be achieved through consolidation and import of plant and machinery in an assembled condition

    Read More
  • Tata Steel to acquire itemized assets from SFML
    31st Mar 2022, 09:47 AM

    The asset purchase transaction will be carried out for cash consideration of Rs 155 crore plus applicable tax

    Read More
  • Tata Steel uses bacteria technology to recycle its emissions in UK
    29th Mar 2022, 11:45 AM

    A pilot project, led by the University of South Wales, has been set up at the two Tata Steel UK Port Talbot ironmaking furnaces in Wales

    Read More

Source: www.accordfintech.com | DISCLAIMER: Information is provided " as is" and solely for informational purposes, not for trading purposes or advice, and may be delayed.