Tata Steel: Why an endgame for Europe matters to the India business

While Tata Steel is shedding debt faster, finding a solution for the European steel business remains a long term imperative

Tata Steel: Should investors initiate a fresh long?

Deleveraging to remain a priority for Tata Steel

Tata Steel share price gains 3% post Q3 results; Motilal Oswal keeps neutral rating

Consolidated revenue from operations grew by 11.5 percent year-on-year to Rs 39,594 crore in Q3FY21.

Tata Steel Consolidated December 2020 Net Sales at Rs 39,594.09 crore, up 11.47% Y-o-Y

Tata Steel Standalone December 2020 Net Sales at Rs 17,965.66 crore, up 17.71% Y-o-Y

Focus is on improving cash flows of European operations, says Tata Steel

Tata Steel will, however, continue with the process to separate the Dutch and UK units of its European operations, the company said after announcing financial results for the third quarter ending December 31, 2020.

Tata Steel Q3 result | Company beats estimates, posts profit of Rs 3,989 crore with 1,380 bps operating margin expansion

In Europe, the underlying performance has improved quarter-on-quarter while the reported EBIDTA was negatively impacted by a few one-offs, said TV Narendran, CEO & Managing Director.

Tata Steel to report Q3 earnings today: Brokerages expect strong profit growth

Kotak Institutional Equities which sees profit at Rs 4,153 crore on revenue growth of 12.3 percent YoY.

For Tata Steel, answer to its European woes may now lie outside the continent

Tata Steel has met with two failures in its attempts to find a solution to its operations in Europe. Who can be its saviour?

Setback for Tata Steel, talks with SSAB to sell Dutch unit collapse

SSAB says the deal will be difficult for technical reasons

Elon Musk will give away $100 million for this, but what is Carbon Capture and why is it relevant?

Injecting carbon dioxide for EoR is a widely-used technology by oil and gas companies globally.

Indian companies prepare to buy vaccines for employees

Indian factories are recovering from one of the world's strictest lockdown last year, which led to large-scale job losses and migration of workers back to their villages.

Tata Steel run TMH hospital in Jamshedpur to start vaccinating 3,000 health professionals from January 16

Run by Tata Steel, the TMH in Jamshedpur has been the largest COVID care facility in Jharkhand, with over 1,000 beds dedicated for the purpose.

Tata Steel transfers stake in processing arms to TSDPL

Tata Steel said that the step was taken to reorganise the company's India footprint into four clusters to drive scale, synergies and simplification.

Tata Steel optimistic about demand for steel in 2021: CEO TV Narendran

TV Narendran, MD and CEO of Tata Steel, said the steel demand in the country should grow at least at the rate of GDP growth or higher in FY22.

Nava Bharat Ventures inks pact with Tata Steel arm for conversion of high carbon ferro chrome

The company added that the agreement postulates that the entire smelting capacity of the Odisha plant is dedicated to TSML to produce up to 70,000 metric tonnes of high carbon ferro chrome per annum.

Buy Tata Steel; target of Rs 625: ICICI Direct

ICICI Direct is bullish on Tata Steel recommended buy rating on the stock with a target price of Rs 625 in its research report dated November 17, 2020.

Neutral Tata Steel; target of Rs 456: Motilal Oswal

Motilal Oswal recommended Neutral rating on Tata Steel with a target price of Rs 456 in its research report dated November 16, 2020.

Tata Steel Europe’s final gambit in play

Tata Steel’s decision to sell its profitable Netherlands business may leave it with a struggling UK steel business

Need more support from UK govt to secure operations in long term, says Tata Steel CEO Narendran

TV Narendran's call for help is important as the UK unit is under focus with the company in talks with SSAB to sell the Dutch arm of Tata Steel Europe. Can the UK unit survive by its own?

What should investors do with Tata Steel post Q2 results: Buy, sell or hold?

Total revenue from operations stood at Rs 37,154 crore against Rs 34,579 crore YoY. EBITDA stood at Rs 6,217 crore against Rs 3,893 crore YoY.

Tata Steel: Improvement in demand and recovery in steel prices augur well

Divestment of Netherlands business and de-leveraging of the balance sheet hold the key for Tata Steel

Tata Steel shares climb 3% on Muhurat trading session

The company said it achieved the best-ever quarterly volumes in India, registering growth both on QoQ and YoY basis.

Tata Steel Q2 profit falls 60% to Rs 1,635.4 crore; revenue rises to Rs 37,154 crore

Tata Steel said it achieved the best-ever quarterly volumes in India, registering growth both on QoQ and YoY basis

Tata Steel confirms talks with Sweden's SSAB to sell Dutch unit

Proceeds from the sale will be used to lower the debt on Tata Steel's books