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Managing Director and Chief Executive Officer TV Narendran said Tata Steel’s Rs 16,000 crore capex in FY24 is on track. India demand continues to be strong.
July 24, 2023 12:51 PM IST Tata Steel Q1: The company's consolidated net sales are expected to come in at Rs 56,337.80 crore, while net loss is estimated at Rs 122.80 crore, analysts said.
January 20, 2023 12:18 PM IST Net Sales are expected to increase by 5.7 percent Y-o-Y (up 7.3 percent Q-o-Q) to Rs. 64,262.5 crore, according to Motilal Oswal.
October 31, 2022 07:14 AM IST Investors may focus on the management’s guidance on European operations, and the impact of the depreciating GBP.
July 25, 2022 10:31 AM IST The performance of the company during the quarter was impacted by decline in volumes due to the imposition of export duty as well as increase in coking coal costs which inflated the operating costs.
May 03, 2022 02:03 PM IST Analysts are likely to keep an eye on the management commentary on profitability and cash flow from European operations, and update on growth capex.
April 19, 2022 11:48 AM IST Net Sales are expected to increase by 35 percent Y-o-Y (up 11 percent Q-o-Q) to Rs. 67,710 crore, according to ICICI Direct.
January 19, 2022 04:11 PM IST Net Sales are expected to increase by 41 percent Y-o-Y (down 2 percent Q-o-Q) to Rs. 59,280 crore, according to ICICI Direct.
January 13, 2022 03:24 PM IST Steel companies profitability likely to be challenged by higher coal costs, reduced prices amid lower demand. Non ferrous companies are likely to post strong performance on the back of increased prices and higher volumes.
October 18, 2021 03:10 PM IST Net Sales are expected to increase by 62 percent Y-o-Y (up 13 percent Q-o-Q) to Rs 60,254 crore, according to ICICI Direct.
October 07, 2021 08:54 PM IST Although overall earnings growth is expected to be strong, analysts expect it to be driven by a handful of sectors.
July 13, 2021 12:31 PM IST Net Sales are expected to increase by 113 percent Y-o-Y (up 3 percent Q-o-Q) to Rs. 51,636 crore, according to ICICI Direct.
May 05, 2021 08:07 AM IST Kotak expects profit to rise 266 percent, revenue to see a 40 percent growth and EBITDA to rise 215 percent in Q4 FY21 on a YoY basis.
February 09, 2021 07:22 AM IST Kotak Institutional Equities which sees profit at Rs 4,153 crore on revenue growth of 12.3 percent YoY.
August 13, 2020 07:31 AM IST 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.
November 06, 2019 07:55 AM IST According to Edelweiss, European operations are likely to post a loss at the EBITDA level as high cost iron ore inventory is likely to be consumed in this quarter.
October 10, 2019 04:40 PM IST Net Sales are expected to decrease by 19.2 percent Y-o-Y (down 2.2 percent Q-o-Q) to Rs. 35,172.5 crore, according to ICICI Direct.
August 08, 2019 02:43 PM IST Lower realisations, due to falling steel prices and higher cost, led to this poor performance at the operating level
India’s three largest steel players are trading at 6-8 times their estimated EV/EBITDA for FY20, which is a bit on the higher side in light of the expected cut in earnings
July 17, 2019 12:23 PM IST Net Sales are expected to increase by 0.3 percent Y-o-Y (down 10.6 percent Q-o-Q) to Rs. 37,935.4 crore, according to Kotak.
July 10, 2019 05:49 PM IST Net Sales are expected to increase by 0.2 percent Y-o-Y (down 10.7 percent Q-o-Q) to Rs. 37,897.7 crore, according to ICICI Direct.
July 10, 2019 11:46 AM IST Net Sales are expected to decrease by 1.8 percent Y-o-Y (down 12.4 percent Q-o-Q) to Rs. 37,163.1 crore, according to Prabhudas Lilladher.
July 10, 2019 11:44 AM IST Net Sales are expected to increase by 0.3 percent Y-o-Y (down 13.9 percent Q-o-Q) to Rs. 16,461.9 crore, according to Prabhudas Lilladher.
April 26, 2019 09:53 AM IST At its April 25 closing price of Rs 510 per share, its stock is trading at seven times its FY20 estimated price-to-earnings, which is quite reasonable
April 15, 2019 06:14 PM IST Tata Steel Q4 PAT may dip 51.2% YoY to Rs. 1,617.6 cr: ICICI Direct