Tata Sponge Iron

Tata Sponge Consolidated June 2019 Net Sales at Rs 704.59 crore, up 170.02% Y-o-Y

Tata Sponge Standalone June 2019 Net Sales at Rs 704.59 crore, up 170.02% Y-o-Y

Tata Sponge Consolidated March 2019 Net Sales at Rs 254.07 crore, up 4.34% Y-o-Y

Tata Sponge Standalone March 2019 Net Sales at Rs 254.07 crore, up 4.34% Y-o-Y

Tata Sponge Consolidated December 2018 Net Sales at Rs 260.83 crore, Up 21.62% Y-o-Y.

Tata Sponge Standalone December 2018 Net Sales at Rs 260.83 crore, up 21.62% Y-o-Y

Tata Sponge Q3 Review: Cost pressures hurt earning; Usha Martin integration key factor to watch

The company faces twin pressures of falling steel prices and higher raw material costs on its profitability.

Tata Sponge Iron falls 2% after ICRA downgrades long term ratings

The rating for company's non-fund based limits reaffirmed at A1+ but removed from Watch with developing implications by ICRA.

Tata Sponge to acquire steel business of Usha Martin for up to Rs 4,700 cr

Last month, the Tata Group company had announced the execution of definitive agreements for the acquisition of the steel business of UML through a slump sale on a going concern basis.

Tata Sponge Q2 review: Profitability to improve, valuations remain attractive

The stock has corrected and currently trades at an attractive valuations of about 9 times its FY19 estimated earnings

Tata Sponge Standalone September 2018 Net Sales at Rs 216.21 crore, up 29.33% Q-o-Q

Tata Sponge Consolidated September 2018 Net Sales at Rs 216.21 crore, up 29.33% Q-o-Q

Tata Sponge consolidated Jun-2018 sales at Rs 260.94 crore

Tata Sponge Iron has reported a consolidated total income from operations of Rs 260.94 crore and a net profit of Rs 45.56 crore for the quarter ended Jun-2018

Accumulate Tata Sponge Iron; target of Rs 1055: Kotak Securities

Kotak Securities has recommended accumulate rating on Tata Sponge Iron with a target price of Rs 1055 in its research report dated July 19, 2018.

Tata Sponge Iron Jun qtr net profit rises 49% to Rs 45cr

The firm's total income also rose to Rs 272.84 crore in April-June quarter from Rs 201.76 crore in the year-ago period.

Tata Sponge Q4 up two-folds to Rs 47 cr

Tata Sponge Iron today reported over two-fold jump in standalone net profit to Rs 46.70 crore for the fourth quarter ended March 31, 2018.

On track to meet FY18 sales guidance; new long-steel product plant likely: Tata Sponge

The company is looking at setting up a long-steel product division for which they have the necessary land, and some infrastructure is readily available on site, said Sanjay Pattnaik, MD, Tata Sponge.

Tata Sponge Q3 consolidated profit up 3-fold at Rs 36 cr

The company had posted a consolidated net profit of Rs 10.97 crore in the corresponding quarter of the previous fiscal, the company said in a filing to the BSE.

Tata Sponge Iron Q2 net profit jumps 72% to Rs 28 cr

The company had posted a profit of Rs 16.05 crore in the corresponding quarter of previous fiscal, Tata Sponge Iron Ltd said in a BSE filing.

Overall demand picked up, see better FY18: Tata Sponge

Tata Sponge Iron posted a strong set of first quarter earnings. In an interview to CNBC-TV18, Sanjay Pattnaik, MD of the company spoke about the results and gave his outlook for the company.

Received environment nod to raise capacity to 425,000 TPA: Tata Sponge

In an interview to CNBC-TV18, Sanjay Pattnaik, MD of Tata Sponge said that the company received environment nod to raise capacity to 425,000 tonne per annum from 390,000 tonne per annum.

Tata Sponge Iron up 2% on environment clearance to increase capacity

The company has received environment clearance from Ministry of Environment, Forest & Climate Change, Government of India, for enhancement of DRI production by 35000 TPA.

Bull's Eye: Buy ICICI Bank, Bank of Baroda, Voltas, IFCI, Vijaya Bank, Pidilite

Pankaj Jain of SW Capital advises buying Bank of Baroda with a target of Rs 205.

Buy V-Guard, India Cements, BHEL, Federal Bank, GSFC: Gujral

Ashwani Gujral of ashwanigujral.com recommends buying V-Guard Industries, India Cements, BHEL, Federal Bank and Gujarat State Fertilizers & Chemicals.

HSBC Global Investment buys 1.45 lakh shares of Tata Sponge

On February 28, 2017 HSBC Global Investment Funds A/C HSBC Global Investment bought 1,45,743 shares of Tata Sponge.