Page 31 - Tata Steel
Stocks to watch: Mindtree, Tata Elxsi, Infosys, ACC, L&T Infotech, Raymond
Stocks to watch today: Tata Elxsi, L&T Infotech will report their June quarter results 2022 on Thursday July 14; Mindtree posted 37.3 per cent rise in net profit to Rs 471.6 crore for Q1FY23.
 "Stocks to watch: Mindtree, Tata Elxsi, Infosys, ACC, L&T Infotech, Raymond")
Muted near-term iron prices likely to keep NMDC stock under pressure
Other triggers such as demerger/listing of steel plant unlikely this year
 "Muted near-term iron prices likely to keep NMDC stock under pressure")
Tata Metaliks Q1 net profit falls sharply to Rs 1.22 cr on higher expenses
It had reported a net profit of Rs 94.72 crore in the April-June quarter of financial year 2021-22, the company said in a regulatory filing.
 "Tata Metaliks Q1 net profit falls sharply to Rs 1.22 cr on higher expenses")
Are metal stocks bottoming out as China pushes for a stimulus package?
Until major hurdles are not conquered by Metal index, the turnaround scenario may fade sooner
 "Are metal stocks bottoming out as China pushes for a stimulus package?")
Stocks to Watch Today: Adani Power, Biocon, Tata Steel, NTPC, PSU Banks
Stocks to Watch Today: Among airline shares, SpiceJet has reported seven aircraft related incidents in the last two months; while IndiGo said has hired over 1,500 cabin crew staff to counter likely at
 "Stocks to Watch Today: Adani Power, Biocon, Tata Steel, NTPC, PSU Banks")
Export levy impact: Tata Steel deliveries drop 2% YoY despite higher output
Tata Steel said domestic despatches were up 5% YoY, leveraging a strong marketing network and an agile business model
 "Export levy impact: Tata Steel deliveries drop 2% YoY despite higher output")
Employee costs surge over 12% to a record Rs 10.8 trillion in FY22
Employee costs rose over 12% in FY22, the fastest in 8 years
 "Employee costs surge over 12% to a record Rs 10.8 trillion in FY22")
Stocks to Watch Today: Cipla, RIL, PNB, Reliance Power, Metals, Restaurants
Stocks to Watch Today: Shares of metal companies are also to be in focus as copper prices fell to 17-month lows amid new COVID restrictions in China, slowing global manufacturing activity and a jump i
 "Stocks to Watch Today: Cipla, RIL, PNB, Reliance Power, Metals, Restaurants")
Tata Steel completes Rs 12,100 cr acquisition of NINL via step-down arm
Apart from a 1.1 mt plant, Neelachal Ispat Nigam has iron ore mines with reserves of 90 million tonnes and 2,500 acres of land providing scope for future expansion
 "Tata Steel completes Rs 12,100 cr acquisition of NINL via step-down arm")
Tata Steel to work 'expeditiously' to restart NINL, expand capacity
Tata Steel on Monday said it will work "expeditiously" to restart NINL and simultaneously draw a plan to expand its capacity to produce 4.5 MTPA long products complex in the next few years.
 "Tata Steel to work 'expeditiously' to restart NINL, expand capacity")
Stocks to Watch Today: RIL, HDFC, Birlasoft, IndiGo, Coal India, IT shares
Stocks to Watch Today: HDFC and HDFC Bank are likely to be in focus as the stocks exchanges have approved the proposed merger for these two corporates.
Sensex, Nifty end flat in choppy session; metals, auto, IT packs slip most
Stock market LIVE updates: The broader markets suffered more losses than the frontline indices. The BSE MidCap and SmallCap indices shed 0.5 and 0.7 per cent, respectively.
 "Sensex, Nifty end flat in choppy session; metals, auto, IT packs slip most")
Stocks to watch: Tata Steel, HDFC, Jet Airways, JSW Steel, Biocon, PVR
Stocks to watch today: HDFC, slated to merge with HDFC Bank, raised Rs 4,000 crore through a paper with a maturity of 21 months; Jet Airways plans to lease 6 to 8 planes as part of re-launch.
 "Stocks to watch: Tata Steel, HDFC, Jet Airways, JSW Steel, Biocon, PVR")
Stocks to watch: Reliance, Tata Motors, Biocon, Tata Steel, J&K Bank, BoB
Stocks to watch today: Akash M Ambani will take over as non-executive director and chairman of the board of directors of Reliance Jio; Tata Motors will hike prices of CVs by 1.5 to 2.5 per cent.
 "Stocks to watch: Reliance, Tata Motors, Biocon, Tata Steel, J&K Bank, BoB")
We'll stay the course in our strong expansion of Tata Steel: Chandrasekaran
Tells investors at AGM that Indian steel industry is globally competitive and companies should be able to expand capacity in value-added products for both, Make in India and Make for The World
 "We'll stay the course in our strong expansion of Tata Steel: Chandrasekaran")
Tata Steel to ramp up NINL operation to 1.1 MTPA within a year: Chairman
The ramping up of the operations of Neelachal Ispat Nigam Ltd (NINL) would be subject to obtaining statutory clearances.
 "Tata Steel to ramp up NINL operation to 1.1 MTPA within a year: Chairman")
Sensex, Nifty end flat after volatile session; metal, energy stocks shine
CLOSING BELL: M&M, Tech M, Dr Reddy's Labs, Reliance Industries, HCL Tech, and Tata Steel were the top gainers on the 30-pack index
 "Sensex, Nifty end flat after volatile session; metal, energy stocks shine")
Stocks to watch: Bajaj Auto, TVS Motor, Tata Steel, Cipla, JSW Steel, FRL
Stocks to watch today: Bajaj Auto approved buyback of shares worth up to Rs 2,500 crore; Moody's upgraded Tata Steel's outlook to 'positive' from 'stable'
 "Stocks to watch: Bajaj Auto, TVS Motor, Tata Steel, Cipla, JSW Steel, FRL")
Moody's upgrades Tata Steel's outlook to 'positive' from 'stable'
Action reflects company's track record of delivering a solid operating show while maintaining conservative financial policies; firm is poised to reduce its debt by at least $1 billion in FY23
NMDC's steel plant sale may fetch enterprise valuation of up to $4 bn
Lenders, shareholders meeting to demerge steel company on Tuesday
 "NMDC's steel plant sale may fetch enterprise valuation of up to $4 bn")