Narendran said. In Q2, Tata Steel commissioned the 5 mt blast furnace at Kalinganagar – as a part of its strategy to scale up the high margin business. A cold rolling mill is already running. The Tata ...
Tata Steel stock has fallen 8%, underperforming benchmark index Nifty50, as investor sentiment is weighed down by the losses ...
Tata itself had earlier guided to reach 40 million tonne (mt) capacity by 2030 in India. It would close this fiscal with ...
Tata Steel Ltd (STU:HWHG) reports robust performance in India with strategic expansions, while navigating international market pressures and rising debt.
T. V. Narendran noted that without government support and customer willingness to pay for greener steel, Indian producers ...
The company spent Rs 48 billion capex in Q2 compared to Rs 38 billion in Q1 primarily towards phased commissioning of the 5mt ...
Meanwhile, Tata Steel anticipates improved cost efficiency as its expansion plans for the Kalinganagar plant in Odisha take ...
Tata Steel's Managing Director, TV Narendran, expressed concerns over the global steel industry's profitability, stating that ...
Tata Steel reconsiders capex plans due to cheap imports, pricing pressure, focusing on completing current projects before ...
A bunch of factors were at play in the second quarter of FY25 for Tata Steel — restructuring in the UK, Kalinganagar ...
Tata Steel surpassed expectations in its Q2FY25 results, posting a net profit of ₹758 crore—significantly higher than the CNBC-TV18 poll estimate of ₹210 crore. This reflects a robust turnaround from ...