May 17, 2018 11:18 AM IST
Realisations and steel prices are much better compared to last year’s average, which makes the management even more confident of delivering better numbers
January 19, 2018 03:24 PM IST
Tata Sponge has been able to capitalise on this trend thanks to the support from Tata Steel, parent company, for the supply of iron ore and its proximity to iron ore belt and ports.
October 31, 2017 10:39 AM IST
Though brokerage houses have maintained their buy calls on the stock, they also highlighted that the earnings figures missed expectations. However, going forward, the situation improve, they added.
October 31, 2017 09:56 AM IST
Tata Steel's Q2 has missed street estimates as its European business struggled for the quarter. In an interview to CNBC-TV18, Ritesh Shah of Investec shared his readings on the numbers.
October 31, 2017 07:55 AM IST
The right product mix and consolidation among marginal players have helped companies like Tata Steel grow faster even in a seasonally weak quarter.
October 30, 2017 11:49 AM IST
Operating profit is expected to increase 75 percent year-on-year to Rs 5,200 crore and margin may expand 520 basis points to 16 percent in July-September quarter.
August 08, 2017 03:02 PM IST
"We expect continued focus on the EU turnaround plans for much of the current fiscal year," JM Financial said while revising estimates upwards primarily on higher spreads at Corus at USD 75 per tonne FY18/19.
August 05, 2017 05:47 PM IST
More than the results the street will watch out India EBITDA per tonne, Europe EBITDA per tonne, debt reduction plan and JV with Thyssenkrupp.
May 17, 2017 04:57 PM IST
We will pursue an aggressive growth path in India because India is a place where demand opportunity is going to grow, Koushik Chatterjee, ED (Finance and Corporate), Tata Steel.
May 15, 2017 05:24 PM IST
The company had posted net loss of Rs 3,213 crore on the back of an exceptional item of Rs 2,857 crore.
February 06, 2017 05:49 PM IST
Analysts say India business may look good on yearly basis as sales volumes may grow 27 percent YoY (14 percent QoQ) to 2.99 million tonnes, driven by value added products and ramp-up at Kalinganagar. Blended sales realisation is estimated to increase Rs 3000-4000 per tonne QoQ.
January 17, 2017 12:34 PM IST
Net Sales are expected to increase by 9.6 percent Q-o-Q (up 7.4 percent Y-o-Y) to Rs 30110 crore, according to Religare.
November 15, 2016 09:14 AM IST
Pritesh Jani of Religare Capital said, "we are entering an uncertain profitability scenario because of coking coal."
November 10, 2016 06:02 PM IST
Tata Steel's second quarter profit may fall 46.3 percent year-on-year to Rs 821 crore and revenue is seen declining 7.4 percent to Rs 27,150 crore, according to average of estimates of analysts polled by CNBC-TV18.
October 08, 2016 03:59 PM IST
Sales are expected to increase by 5.7 percent Q-o-Q (down 9 percent Y-o-Y) to Rs 26679 crore, according to ICICI Securities.
September 12, 2016 06:40 PM IST
Pritesh Jani of Religare Capital Markets says the EBITDA/tonne for Indian business was in line with their expectations. However, Europe at USD 50/tonne was a positive surprise because in last quarter they were at minus USD 15/tonne, so it was a swing of plus USD 65
September 12, 2016 01:05 PM IST
Tata Steel's first quarter profit is seen falling 61.7 percent to Rs 292 crore and revenue declining 3.9 percent to Rs 29,110 crore compared to year-ago period, according to average of estimates of analysts polled by CNBC-TV18.
July 18, 2016 01:54 PM IST
Sales are expected to decrease by 1.8 percent Q-o-Q (down 4.4 percent Y-o-Y) to Rs 28970.8 crore, according to ICICI Securities
May 24, 2016 05:45 PM IST
UK assets sale and likely further revival in Indian operations will be key factors to watch out for.
February 05, 2016 02:17 PM IST
Credit Suisse maintains an underperform rating with a target price of Rs 180 per share. It expects continued weakness at the European operations as it mothballs existing downstream facilities and realigns production while incurring related fixed costs for a few more quarters.
February 03, 2016 05:22 PM IST
Revenue is likely to decline 15.7 percent to Rs 28,355 crore in quarter ended December 2015 compared to Rs 33,633 crore in corresponding quarter of last fiscal.
November 04, 2015 06:06 PM IST
Operating profit may decline 32.3 percent year-on-year to Rs 2,465 crore and margin may contract 190 basis points to 8.3 percent during the quarter.
October 19, 2015 12:58 PM IST
Sanjiv Paul, MD of Tata Metaliks says that lack of structural changes, like new projects, is dragging the demand.
August 11, 2015 10:05 AM IST
Revenue during the quarter is seen falling 18.9 percent to Rs 29,526 crore compared to Rs 36,427 crore in same quarter last fiscal.
July 08, 2015 12:34 PM IST
Weak commodity prices, delayed capex recovery and soft rural demand are the key factors that will weigh on June quarter corporate earnings, says CRISIL Research.
