Tata Sponge Iron

it has come back

Posted by : nd1020
Price when posted : BSE: Rs 263.50 ( 10.16 % ), NSE: Rs. 266.05 ( 10.69 % )

Started its march towards Rs300...

hold or sell

Posted by : vikasbargale
Price when posted : BSE: Rs 274.20 ( -1.53 % ), NSE: Rs. 275.10 ( -1.13 % )

Check the quarterly results. will come below book value tomorrow. And I am waiting for it!...

BSE Announcements on Tata Sponge Iro

Posted by : MMB Messenger
Price when posted : [Tata Sponge Iro - BSE:Rs. 274.20 NSE:Rs. 118.20 when posted]

Tata Sponge Iron Ltd has informed BSE about the Financial Results for the Quarter & Half Year ended September 30, 2009....

hold or sell

Posted by : mohitrathi8
Price when posted : BSE: Rs 278.45 ( 0.22 % ), NSE: Rs. 278.25 ( 0.31 % )

hold.. is fundamentally good.. looks to make new lifetime highs.. crossing 300 important.....

hold or sell

Posted by : cpaunwala
Price when posted : BSE: Rs 280.50 ( 0.95 % ), NSE: Rs. 278.25 ( 0.31 % )

i have 100 @ 280........... what to do??? hold or sell...

Tata sponge has made a upflag today, target 320

Posted by : the-new-analyst
Price when posted : BSE: Rs 269.15 ( 3.60 % ), NSE: Rs. 269.90 ( 4.21 % )

Tata sponge has made a upflag today, target 320...

Buy tata sponge for short term

Posted by : raj72
Price when posted : BSE: Rs 252.25 ( -1.81 % ), NSE: Rs. 252.55 ( -1.44 % )

Well the stock is on an upswing no doubt for the last 3-4 trading sessions...maybe in anticipation of some news or on news of revival of steel industries...maybe investment on LN Mittal in Uttam Galva Steel be another driver...the fundamentals & the management is good & so the target u are mentioning maybe achieved in the short term.
Rajesh Nair...

Buy tata sponge for short term

Posted by : pratikshah83
Price when posted : BSE: Rs 256.90 ( 9.60 % ), NSE: Rs. 256.25 ( 9.25 % )

Buy around CMP Rs 256 for a target of Rs 300 and a SL Rs 238
source: swingtradingtips. net...

what is cooking in

Posted by : kjjossy
Price when posted : BSE: Rs 256.90 ( 9.60 % ), NSE: Rs. 256.25 ( 9.25 % )

Dear,

why thir is sudden move of 10% in a day this one was sleeping in 190/ 220 rang for long...

Cup & Handle

Posted by : ibulled
Price when posted : BSE: Rs 256.90 ( 9.60 % ), NSE: Rs. 256.25 ( 9.25 % )

Good upside today. Hope it continues....

Cup & Handle

Posted by : ibulled
Price when posted : BSE: Rs 234.40 ( -0.78 % ), NSE: Rs. 234.55 ( -1.18 % )

If I am not mistaken, the chart (June till date) has formed a cup and handle indicating further upside. ...

Corus

Posted by : ibulled
Price when posted : BSE: Rs 234.40 ( -0.78 % ), NSE: Rs. 234.55 ( -1.18 % )

Will it have any corus effect due to TISCO. ...

views

Posted by : pkumar73
Price when posted : BSE: Rs 236.00 ( 2.72 % ), NSE: Rs. 237.35 ( 2.95 % )

It can touch 275 in near term....

views

Posted by : Guest
Price when posted : BSE: Rs 229.75 ( 1.41 % ), NSE: Rs. 230.55 ( 2.13 % )

Seniors pls share your views on this counter.
Thanks....

Reserves

Posted by : raj72
Price when posted : BSE: Rs 231.10 ( -2.06 % ), NSE: Rs. 232.10 ( -1.11 % )

Dear Friend
You are right the reserves are of 334 Cr & the BV is close to Rs.227 per share...but the problem with the scrip is that the almost the entire production is consumed by Tata Steel & it does not much to outsiders...so the scrip is dependent on the movement of TISCO scrip...so what MF do is better invest in TISCO than invest in Tata Sponge as it the same...Even after sitting on such huge reserves & such low equity the management is not rewarding the shareholders which does not go with other Tata group companies do...so for reasons also the scrip does not find favour with MF Managers.
Rajesh...