Tata Steel Long Products Archives

Tata Steel to issue 7.58 crore shares to Tata Steel Long Products shareholders under merger plan

1 November 2023 by Admin

MUMBAI – The Tata Steel Ltd board has approved the issuance of up to 7.58 crore shares to the shareholders of Tata Steel Long Products under the proposed merger plan, following the approval of the National Company Law Tribunal. Shareholders of Tata Steel Long Products will get 67 shares of Tata Steel for every 10 … Read more

CLSA, Morgan Stanley bullish on Tata Steel

23 April 2021 by Admin

Mumbai: CLSA sees upside risk to its estimates on and on consensus estimates after the company’s subsidiary Bhushan Steel reported higher-than-expected earnings before interest, taxes, depreciation, and amortisation per tonne. The brokerage, which has a ‘buy’ rating and target price of Rs 950 on Tata Steel, said long products segment also reported strong operating earnings … Read more