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Stocks to Watch for May 22: LIC, ITC, Max Health, Nykaa, Tata Steel and more
From ITC reporting a 5% year-on-year increase in consolidated net profit to Sun TV Network reporting a subdued set of fourth-quarter earnings, here are some stocks to track ahead of Friday's trading session.
SC stays ₹890 crore GST demand against Tata Steel in ITC dispute
Supreme Court of India has granted a stay on further proceedings in a GST input tax credit dispute involving a tax demand of ₹890.52 crore for the period FY2018-19 to FY2020-21, informed Tata Steel.
Buyback boom, IT pay shake-up, and Tata Steel’s oil warning - India Inc faces a changing economic reality | Editor's Picks from Moneycontrol - LinkedIn
Buyback boom, IT pay shake-up, and Tata Steel’s oil warning - India Inc faces a changing economic reality | Editor's Picks from MoneycontrolLinkedIn
Buy, Sell Or Hold: Bharat Electronics, Tata Steel, HDFC Bank, Epack Durable, And More — Ask Profit
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Stock Market Today: Sensex falls 600 pts, Nifty drops below 23,450; Tata steel top loser - Zee Business
Stock Market Today: Sensex falls 600 pts, Nifty drops below 23,450; Tata steel top loserZee Business
Sensex opens 600 points lower, Nifty below 23,500; Tata Steel falls 2% - India Today
Sensex opens 600 points lower, Nifty below 23,500; Tata Steel falls 2%India Today
Tata Steel Share Price Live Updates: Tata Steel Volume Analysis
Tata Steel bets on higher prices, cost savings to lift FY27 margins
Tata Steel anticipates improved margins this fiscal year, driven by higher steel prices and domestic volume growth, alongside ongoing cost savings. However, escalating raw material expenses and European operational challenges may temper this expansion. The company expects a significant increase in Indian realisations, partly due to renewed automotive contracts, while managing rising input costs and geopolitical freight pressures.
Tata Steel UK wins exemption from US steel tariff rules
Tata Steel UK has received a special exemption from US tariffs. This allows steel processed in Britain to be exported to America at a lower duty rate. The exemption applies even though the raw materials are sourced from overseas. This arrangement is in place as Tata Steel UK transitions to new electric-arc furnace production at its Port Talbot plant.
Tata Steel Share Price Live Updates: Tata Steel's Market Performance Yesterday
Tata Steel rules out joint ventures in India, bets on solo expansion for better control
The company looks to buy out its existing joint venture partners wherever possible to merge all steelmaking operations under one company.
Europe learnings to put Tata Steel ahead in India
Tata Steel anticipates its UK operations will achieve break-even this fiscal year. This positive outlook stems from recovering steel prices and implemented cost-saving measures. In India, the company plans significant production capacity expansion solely through brownfield development. This strategic move aims to align with market growth and maintain market share.