Quant Pick - Tata Steel: ICICI Direct

According to ICICI Direct, Buy Tata Steel in range of Rs 392-402,Target: Rs 475,Stop Loss: Rs 355,Time frame: Three months.

Tata Steel shares gain after Jefferies retain buy for a target of Rs 485

Jefferies is of the view that BSL gives strong start to Q2 steel results adding that BSL's performance has positive read through for Tata and JSW’s standalone results.

Tata Steel share price gains as India production jumps 53% QoQ

The steel maker's total production was up 31.3 percent at 7.26 mt against 5.53 mt (QoQ). Total production however was down 3.5 percent at 7.26 mt against 7.52 mt (YoY).

Tata Steel reports highest-ever quarterly deliveries

Peer JSW Steel also reports pre-COVID-19 levels in production and capacity utilisation

China's Jingye mulls takeover of Tata Steel's UK business: Report

The Tata Group has sought financial assistance from the UK government after its business was hurt by the COVID-19 pandemic.

Deploy 'sell on rally' strategy till Nifty closes above 11,350; bulls likely to boost Tata Steel

Overall, Nifty can trade in a range of 20 DMA standing around 11,350 mark and 200 DMA placed near 10,800 levels for the coming week.

How Tata Steel woes and a Rs 2 crore aid in 1920s gave Shapoorji Pallonji entry into Bombay House

Decades later, it's Tata Steel again that has featured in Shapoorji Pallonji's exit. While the Mistry family has highlighted the issues at Tata Steel, the Tatas have reiterated that the problem has shrunk

Tata Steel management, workers' union sign pact for annual bonus payment

"Despite a difficult year due to COVID-19, Tata Steel honoured its three-year commitment to ensure complete bonus payment to employees," the steel major said in a release.

UK government appoints Credit Suisse to chart out Tata Steel rescue plan

Talks with Tata Steel have been ongoing for months and in July the company had put forth a proposal aimed at securing nearly 900 million pounds from the government for its UK operations

This is how JSW Steel plans to do an Amazon

The steelmaker plans to launch an e-marketplace in nine months.

Tata Steel Chairman N Chandrasekaran says discussions on with UK government for financial aid

N Chandrasekaran's clarification came after reports that the UK government has declined to support the company's struggling UK operations

Buy Tata Steel; target of Rs 594: ICICI Securities

ICICI Securities is bullish on Tata Steel has recommended buy rating on the stock with a target price of Rs 594 in its research report dated August 14, 2020.

Auditors doubtful if Tata Steel Europe can continue as a going concern: Report

A Tata Steel Europe spokesperson said that it "remains an ongoing concern and constructive talks are on with the UK government on areas of potential support"

Neutral Tata Steel; target of Rs 433: Motilal Oswal

Motilal Oswal recommended Neutral rating on Tata Steel with a target price of Rs 433 in its research report dated August 15, 2020.

Hold Tata Steel; target of Rs 450: ICICI Direct

ICICI Direct recommended hold rating on Tata Steel with a target price of Rs 450 in its research report dated August 16, 2020.

Reduce Tata Steel; target of Rs 300: Prabhudas Lilladher

Prabhudas Lilladher recommended reduce rating on Tata Steel with a target price of Rs 300 in its research report dated August 17, 2020.

Tata Steel Europe may have got a much-needed push 

The UK government’s denial of a bailout package to Tata Steel UK may hasten a restructuring of the European business

Tata Steel Consolidated June 2020 Net Sales at Rs 24,288.51 crore, down 32.43% Y-o-Y

Tata Steel Standalone June 2020 Net Sales at Rs 9,338.78 crore, down 41.96% Y-o-Y

Tata Steel: The worst may be over, but worries remain

With a higher share of domestic volumes and better product mix, we expect Tata Steel's operating profit for the domestic operations to stage a smart recovery

World economy to see 'worst contraction' in 2020; steel output, demand to fall: N Chandrasekaran

Chandrasekaran also said that this is for the first time since the Great Depression, that both advanced and developing economies are in recession together.

Realisations to improve by Rs 3,000 a ton in Q2, says Tata Steel

Better prices and demand in the second quarter will improve realisation, said MD and CEO TV Narendran

Tata Steel share price rises post June quarter earnings

Total revenue from operations fell to Rs 24,288.51 crore in Q1 FY21 against Rs 33,769.95 crore sequentially and Rs 35,947.11 crore year-on-year.

Tata Steel reports consolidated Q1 loss at Rs 4,648 crore; management says worst is behind it

Total revenue from operations fell to Rs 24,288.51 crore in Q1 FY21 against Rs 33,769.95 crore sequentially and Rs 35,947.11 crore year-on-year

Tata Steel likely to post a loss in Q1 as lockdown hits demand

Motilal Oswal expects consolidated loss at Rs 2,928.6 crore for the quarter with 81 percent fall YoY (down 78 percent QoQ) in EBITDA YoY.