Tata Steel stock needs more  than  amalgamation

Shares of four listed companies with which Tata Steel intends to amalgamate fell by 5-12% on Friday, tracking their respective swap ratios. The scheme is in keeping with Tata steel’s strategy of simplifying the group structure.
#TataSteel #News #Business #Economy


4 days ago

Stock Market Live: Nifty plunges below 17,500

The Nifty 50 plunges below 17,500. The duo share their thoughts on Paytm, Tata Steel and Hindalco.
#Paytm #Nifty50 #News #Business #Markets


6 days ago

Market Fatafat: Stocks that are making news today

IStockKEY HIGHLIGHTS Tata Steel has approved the scheme of amalgamation between seven of its group companies and itself. Seven of the group companies are in focus today, according to sources. RALLISRallis' pre-quarterly conference call highlighted:- domestic crop care business likely to post subdued performance- exports at a better-off position.
#TataSteel #News #Business #Markets


6 days ago

Tata Steel to amalgamate seven group companies with itself

The proposed amalgamation is part of Tata Steel’s continuing journey to simplify the group holding structure. It is expected to result in focused growth and operational efficiencies, and create synergies amongst the business.
#TataSteel #News #Business #Economy


6 days ago

Market LIVE Updates: SGX indicates a negative start for Indian indices; RIL, Tata Steel, M&M in focus

US stock markets ended on the lower side on Thursday as investors reacted to the Federal Reserve's latest aggressive move to rein in inflation by selling growth stocks. NASDAQ was down by 1.37% to 11066 levels. Asian markets are trading on a negative note.
#RIL #Indian #NASDAQ #News #Business #Markets


6 days ago

Stock Market Sectors: Stock market update: Sugar stocks up as market falls - The Economic Times

The 30-share BSE Sensex was down 28.89 points at 59690.85 at around 11:26AM on monday. The top gainers were adani Ports & Special Economic Zone (down 3.23%), Shree Cement(down 2.46%), Tata Steel(up 0.71%), Tech Mahindra (up 0.62%), NTPC (down 1.85%),..
#TheEconomicTimes #News #Business #Markets


1 weeks ago

Financial And It Shares Give Sensex And Nifty A Big Lift As Global Markets Await Fed Rate Decision

The Sensex jumped 692.6 points to touch 59,833.8 at the strongest level of the day. The Nifty50 climbed to as high as 17,833.4, up 211.1 points from its previous close. ICICI Bank, Axis Bank, Bajaj Finserv, Tata Steel and Larsen & Toubro were among the top gainers.
#ICICIBank #Nifty50 #News #Business #Markets


1 weeks ago

Nifty Realty: Stock market update: Nifty Realty index falls 2.51% - The Economic Times

The Nifty Realty index closed 2.51 per cent down at 439.1. Phoenix Mills(up 0.32 per cent) ended the day as top gainers in the pack. Godrej Properties(down 4.55 per cent), Macrotech Developers(down 3.58%) and Oberoi Realty(down 2.67 per cent). Zomato Ltd., Tata Steel, YES Bank and DB Corp. Hit their fresh 52-week highs.
#PhoenixMills #News #Business #Markets


1 months ago

Markets fall in early trade; Sensex declines nearly 420 points - OrissaPOST

The 30-share BSE benchmark, which had started the trade on a weak note, further fell 419.69 points to 59,226.46. The broader NSE Nifty declined 140.6 points to 17,617.85. Kotak Mahindra Bank, Tata Steel, Wipro, Tech Mahindara, Axis Bank, Bajaj Finserv and HCL Technologies were the major laggards.
#Sensex #News #Business #Markets


1 months ago

Tata Steel to invest ₹12,000 crore in FY23 on India, Europe operations: CEO Narendran

Tata Steel plans to invest 8,500 crore in India and 3,500 crore on its operations in Europe. The company is in process of expanding capacity of its plant in Kalinganagar, Odisha to 8 MT from 3 MT.
#Narendran #TataSteel #India #News #BusinessNews #CompanyNews


2 months ago

Sensex down 341 points in early trade amid weak global markets

The 30-share BSE benchmark opened on a weak note and declined 340.76 points to 54,054.47 in initial trade. The broader NSE Nifty dipped 72.65 points to 16,143.35. Among the Sensex constituents, Tata Steel, Titan, HDFC, UltraTech Cement, Nestle, Bajaj Finance and ICICI Bank were the major laggards.
#Sensex #Finance #Investing #BusinessIndustrial


2 months ago

Market Roundup: Sensex rises 303 points, Nifty closes at 16,220; check top winners and losers

BSE Sensex jumped over 300 points, NSE Nifty 50 climbed above 16,200. Metal and realty were the only sectors to end lower. L&T, Power Grid, NTPC, ICICI Bank and Axis Bank were the top achievers. Tata Steel, IndusInd Bank, Maruti, Tata Consultancy Services (TCS) and Wipro were the biggest draggers.
#BSESensex #Finance #Investing #BusinessIndustrial


2 months ago

Stock Market Update: Sensex Jumps 275 pts, Nifty Above 16,200; Key Points

M&M, L&T, ICICI Bank, NTPC, Infosys, Axis Bank, Kotak Bank, ITC, HCL Tech and Tech M were the top winners on the Sensex. On the flip side, Asian Paints, Titan, Tata Steel, JSW Steel, Dr Reddy’s, Hindalco and ONGC were top losers across the two benchmarks.
#M&M #Sensex #BusinessIndustrial #News #BusinessNews


2 months ago

Metal stocks rally as China considers $220 billion stimulus plan

The BSE Metal index finished 4.5 per cent higher. Vedanta and Hindalco gained over 6 per cent each, while Tata Steel added 5 per cent. The revival in is key for the improvement in prospects of global metal and commodity companies, say analysts.
#Vedanta #China #Finance #Investing #BusinessIndustrial


2 months ago

Sensex climbs for 2nd day amid firm global cues; Titan jumps 6 pc

The 30-share BSE Sensex rose 427.49 points or 0.80 per cent to close at 54,178.46. Tata Steel, Larsen & Toubro, IndusInd Bank, M&M, ICICI Bank, Kotak Mahindra Bank and HDFC Bank were the other major gainers, rising up to 4.88 per cent.
#Sensex #Finance #Investing #News


2 months ago

Stocks to Watch Today: Adani Power, Biocon, Tata Steel, NTPC, PSU Banks, IndiGo, SpiceJet

The SGX Nifty futures quoted at 15,851, indicating a marginal gain of 30-odd points at the opening bell. The Gautam-Adani led firm would seek approval of shareholders for the proposed related-party transaction worth up to Rs 5,000 crore with Adani ConneX.
#AdaniConneX #Finance #Investing #BusinessIndustrial


2 months ago

Sensex pares intra-day gains to settle over 100 points lower

30-share BSE index declined 100.42 points or 0.19% to settle at 53,134.35. During the day, it jumped 631.16 points or 1.18% to 53,865.93. Power Grid, Bajaj Finserv, Hindustan Unilever, Sun Pharma, Reliance Industries and Tata Steel were among the major gainers.
#PowerGrid #BSE #BusinessIndustrial #News #BusinessNews


2 months ago

Stocks to Watch Today: Tata Steel, Vedanta, Adani Enterprises, LIC and Others

The market started off the week on a positive note with the benchmark indices rising more than half a per cent in the previous session. The BSE Sensex climbed 327 points to 53,235, while the Nifty50 rose 83 points to 15,835. The cast metal aluminium production at smelters rose by 3 per cent YoY to 5.65 lakh tonnes.
#TataSteel #Finance #Investing


2 months ago

Tata Steel completes Rs 12,100 cr acquisition of NINL via step-down arm

Tata Steel completes takeover of 93.71 per cent in Neelachal Ispat Nigam Limited (NINL) through its listed step-down subsidiary, Long Products (TSLP) TSLP was declared the winning bidder for the one million tonne (mt) NINL.
#TataSteel #BusinessIndustrial #Finance #Investing


2 months ago

Tata Steel to work 'expeditiously' to restart NINL, expand capacity

Tata Steel has completed acquisition of Odisha-based one million tonne per annum (MTPA) steel mill. It also has to increase NINL's capacity to 10 MTPA by 2030. The acquisition has been made by step-down company Long Products Ltd for a consideration amount of Rs 12,000 crore.
#TataSteel #Odisha #BusinessIndustrial #MetalsMining


2 months ago