Among other Tata Group stocks, Tata Steel, Tata Power and Titan look weak on the charts, and are likely to see more downside.
Tata Steel bought 75,000 tonnes of Russian coal in May; company pledged to cut business ties with Russia in April; Tata Steel says coal import deal struck before April decision
Global growth is projected to slowdown from an estimated 6.1% in 2021 to 3.6% in 2022. Given this, Tata Steel, Hindalco Industries, and Vedanta have shed up to 35 per cent in the past one month
An economic slowdown or other factors may affect the economic health of the US, UK, the European Union, Australia or those industries where IT revenues are concentrated.
Tata Steel, Tata Power Company, Tata Exlsi, Tata Chemicals and Tinplate Company of India traded at ex-dividend adjusted price on Wednesday.
Stocks to watch today: Bajaj Finance has raised fixed deposit rates by up to 20 basis points; Zydus Lifesciences will open its share buyback offer on June 23 and close on July 6.
BSL was admitted for insolvency proceedings on July 26, 2017
Tata Steel has unveiled a 7-million pound investment plan for its Hartlepool Tube Mill in north-east England that the Indian steel major says will cut carbon emissions, improve capacity and reduce cos
A total of 46 stocks from the Nifty500 index also hit their respective 52-week lows on the NSE today including Astral, Birla Corporation, CSB Bank, LIC Housing Finance, SpiceJet.
Welspun Corp Ltd (WCL) has partnered with Tata Steel to develop the "framework for and subsequently manufacturing" pipes for transportation of pure hydrogen and natural gas-blended hydrogen
The company plans to further expand it to 10 million tonnes per annum (MTPA) by around 2030, the official said.
In contrast, Tata Steel, IndusInd Bank, M&M, ITC, Kotak Mahindra Bank, Infosys and ICICI Bank were among the gainers, rising up to 0.99 per cent
Now, beginning June, steel mills are expected to announce a cut for monthly contracts
T. V. Narendran, chief executive of India's biggest steelmaker by revenue, said that while Tata Steel understood the inflationary concerns, such measures can hit the steel industry over longer term
Given lower earnings, fair value for steelmakers likely to reduce by 25%
The Nifty metals index fell as much as 8.9% on Monday, the fastest rate of decline since March 2020, while the Nifty auto index rose 2.9%
Charts of steel stocks signal further downside, indicating a fall up to 20 per cent in select shares; cement counters indicate a wait-and-watch approach
The government levied export duty on 11 iron and steel intermediates and key steel products.
At 10:36 am; Nifty Metal index was the top gainer among sectoral indices, up 4.4 per cent, as compared to 1.3 per cent rise in the Nifty50 index.
In some small companies and mid-cap IT services, 20-30 per cent of people are already back in office, especially in areas where heavy engineering and design concepts are required