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Tata Steel
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Posted by :
GuestTracked by: 0 Boarder
good stock for LTI(Long Term Investors)...
Uptick over due now ..
Posted by :
w.sharekhoj.komTracked by: 0 Boarder
yes good stock at low price...
In reply to:
Uptick over due now ..
Posted by :
ank1977
Yes u r absolutely right, Tisco has paid 1000 cr. advance tax against 450 cr previous quarter.
multibaggerstocktipsadvisor.blogspot. com
Posted by :
GuestTracked by: 0 Boarder
good stocks will always give good return and that could be easily availed from the title of this message...
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Tatas decision to buy out Corus came from
Posted by :
latikavTracked by: 0 Boarder
Tatas decision to buy out Corus came from mere talks----------------------NEW DELHI: Tata Steel's, now the world's sixth largest steel maker, decision to bid for Anglo Dutch entity Corus sprouted from mere discussions in late 2005 between the two companies on how they could work together, says a new book.
And when the idea of a buyout was mooted by Tata Group Chairman Ratan Tata, even Tata Steel s Managing Director B Muthuraman and the then Deputy Managing Director Tridibesh Mukherjee were taken back.
They perhaps did not take his words very seriously, says the book on Tata Steel published by Penguin.
During a meeting with Corus Chief Executive Philippe Varin, a statement from him struck Ratan Tata making him ponder over a possible acquisition, says the book 'A Century of Trust, The Story of Tata Steel'.
"Corus and Tata Steel have capacities of 20 and 5 million tonnes respectively. Corus and Tata Steel have approximately the same market value and have similar product lines. Can we not put our businesses together in some meaningful way?" Varin had said.
After pondering over having a grander alliance with Corus, Ratan Tata told Muthuraman and Mukherjee, "Look, we are wasting our time on these smaller issues. Why don t we look at buying Corus?"
"Both of them were a little taken aback and did not take Tata's words seriously", the book says.
Later during another meeting, Ratan Tata stated categorically that whatever structure was decided upon, the identity of Tata Steel would have to remain intact.
In early 2007, Tata Steel snapped up Corus for little more than 11 billion dollars after edging out Brazil s CSN with a higher bid of 608 pence per share.
The book notes that once the news of Tata Steel winning the auction for Corus emerged early morning, Ratan Tata celebrated quietly by sipping fruit juice.
"It was perhaps too early in the morning for champagne. The more knowledgeable say that Ratan Tata has no special penchant for alcohol," says the book.
Chronicling the history of Tata Steel, the book says the idea of Tata Steel germinated in the early days of British Raj, if the legend is to be believed, from just a lecture delivered by Scottish historian Thomas Carlyle.
In 1867, legendary JRD Tata fired up by the historian's words, "the nation which gains control of iron soon acquires the control of gold," envisioned the setting up of a iron and steel factory in India, said the book.
Though JRD Tata did not live to see his dream come true, his son Dorabji Tata established Tata Iron and Steel about forty years later in 1907.
On the difficulties faced by Dorabji Tata in setting up the company, the book quotes Frederick Upcott, the then Chairman of the Railway Board.
He told Page Perin, the consulting engineer of New York who was working for establishing the firm, "Do you mean to say that the Tatas propose to make steel rails up to British specifications? Why, I will undertake to eat every pound of rail they succeed in making."
On hearing this, the book said, Dorabji made the following wry comment: If he had carried out his undertaking, he would have had some slight indigestion.
DNA.............................
S O T projection for TOMORROW !
Posted by :
DUstocksTracked by: 0 Boarder
At the current Speed Of Trend, TATASTEEL will become OVERSOLD (getting bearish) on 29th September, 2008, at about Rs. 454.41.
These figures may change drastically by Monday evening (29th September, 2008), depending upon the nature of cues from the US markets.
Please don't interpret SOT figures in ABSOLUTE terms for setting up your trades, use them only for general directional guidance - all at your risk & responsibility of course. If you do not understand what SOT projections are all about, just ignore this post, rather than setting up your trade upon something you know nothing about....
Feather in sensex pack
Posted by :
GuestTracked by: 0 Boarder
Once again u convince people of yr no-dick-ness !...
In reply to:
Feather in sensex pack
Posted by :
Nodick
It seems Artificial diamond as of noew and will reach at no. 22 within one year
Feather in sensex pack
Posted by :
NodickTracked by: 0 Boarder
It seems Artificial diamond as of noew and will reach at no. 22 within one year...
In reply to:
Feather in sensex pack
Posted by :
k_bhide2000
Tata Steel is a diamond in the sensex pack. It may become no.2 compnay after Reliance Ind. in a very short period.... Guess what are the reasons.....can anybody answer.
Feather in sensex pack
Posted by :
k_bhide2000Tracked by: 0 Boarder
Tata Steel is a diamond in the sensex pack. It may become no.2 compnay after Reliance Ind. in a very short period.... Guess what are the reasons.....can anybody answer....
Support-Resistance LEVELS for MONDAY !
Posted by :
DUstocksTracked by: 0 Boarder
R3 R2 R1 P S1 S2 S3
505.33 495.11 478.48 468.26 451.63 441.41 424.78
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Uptick over due now ..
Posted by :
ank1977Tracked by: 0 Boarder
Yes u r absolutely right, Tisco has paid 1000 cr. advance tax against 450 cr previous quarter....
In reply to:
Uptick over due now ..
Posted by :
w.sharekhoj.kom
good adv.tax number watch out this stock
Uptick over due now ..
Posted by :
steadyinvestorTracked by: 0 Boarder
I am still Long .. ...
In reply to:
Uptick over due now ..
Posted by :
steadyinvestor
Still long .. I expect to see 550 soon ..
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SUPPORT, RESISTANCE levels for TODAY
Posted by :
DUstocksTracked by: 0 Boarder
RESISTANCE (R1,R2,R3) and SUPPORT (S1,S2,S3) levels for Friday, 26th Septemeber, 2008, the FIST day of the new FnO month - October, 2008
TATASTEEL : 528.46 514.23 499.46 485.23 470.46 456.23 441.46
Details of lot more major counters is available at my HomePage here at MMB.
I may remind interested boarders that my long-promised FnO WORKSHOP for BEGINNERS has already been launched right here at my MMB HomePage - just click my ID "DUstocks" above to get there.
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Uptick over due now ..
Posted by :
tarkeshwar kumaTracked by: 0 Boarder
no it not possible see 550 soon, it is playing between 460-525 i think so...
In reply to:
Uptick over due now ..
Posted by :
steadyinvestor
Still long .. I expect to see 550 soon ..
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Uptick over due now ..
Posted by :
DN007Tracked by: 0 Boarder
Next week it will surge to target mentioned by you. Any updates on today block deal ?...
In reply to:
Uptick over due now ..
Posted by :
steadyinvestor
Still long .. I expect to see 550 soon ..
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Uptick over due now ..
Posted by :
steadyinvestorTracked by: 0 Boarder
Still long .. I expect to see 550 soon ..
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In reply to:
Uptick over due now ..
Posted by :
steadyinvestor
I am still holding my long positions ...
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