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Source: Live Mint Stocks to buy under ₹200: The domestic equity benchmark indices, Sensex and Nifty 50, ended lower for the second consecutive session on Friday, as conflict in the Middle East between Israel and Iran spooked investors. The Sensex declined 573.38 points, or 0.70%, to close at 81,118.60, while the Nifty 50 closed 169.60…
Source: Live Mint Tepid steel prices in the domestic market dragged down Tata Steel’s standalone revenue and profit for the fourth fiscal quarter, even as volumes saw a marginal uptick. A weak show in its European operations further weighed on the profitability of Asia’s oldest steelmaker. The steelmaker will infuse $2.5 billion (about ₹21,411 crore)…
Source: Live Mint Most metal stocks have posted strong gains in recent days, lifting the sectoral index, which had been under pressure for five consecutive months. As of March 18 close, the Nifty Metal index has gained about 10 per cent this month, significantly outperforming the Nifty 50 index which has risen a little over…
Source: Live Mint Stocks to buy for the long term: The Indian stock market benchmark Nifty 50 slipped about 0.70 per cent for the trading week ending Thursday, March 13. It ended 73 points, or 0.33 per cent, down at 22,397.20. Friday, 14 March, was a holiday on account of Holi. The index has declined…
Source: Live Mint Tata Steel on Thursday said it has acquired over 191 core equity shares of T Steel Holdings Pte Ltd for USD 300 million ( ₹2,603.16 crore). T Steel Holdings Pte.Ltd (TSHP) is the Singapore-based arm of home-grown steel giant Tata Steel. “Tata Steel has today i.e., on February 20, 2025, acquired 191,08,28,025…
Source: Live Mint Tata Steel board at its meeting held today, February 14, considered and approved fundraising via non-convertible debentures. Tata Steel plans to raise ₹3,000 crore via issuance of 3,00,000 NCDs of ₹1,00,000 each. The NCDs, it said, will be issued to eligible investors on a private placement basis. The tentative date of allotment…
Source: Live Mint Stocks to buy for short term: Indian stock market benchmark Nifty 50 has been down for the third consecutive session. On the monthly scale, however, the index is up with a nominal gain of about 0.20 per cent after four consecutive months of losses since October. Nifty 50 ended 43 points, or…
Source: Live Mint Indian steel majors Tata Steel Ltd and JSW Steel Ltd experienced strong domestic demand in the December quarter (Q3FY25), which helped offset a 12-13% drop in realization for both companies. Tata Steel’s standalone Ebitda declined 8% year-on-year, but was 24% higher than analysts’ estimates, supported by lower other expenses and 8% growth…
Source: Live Mint Tata Steel Q3 results: Tata Group-owned Indian steel manufacturing giant Tata Steel announced its October to December quarter results on Monday, January 27. The company’s net profit for the third quarter dropped 43 per cent to ₹295.49 crore, compared year-on-year (YoY) with ₹522.14 crore in the same period a year ago, according…
Source: Business Standard 3 min read Last Updated : Sep 12 2024 | 11:03 AM IST Tata Steel share surges: Shares of steel behemoth Tata Steel surged as much as 2.86 per cent to hit an intraday high of Rs 152.40 per share on Thursday, September 12, 2024. The upward move in Tata…
