A good chart about history of $TATASTEEL in the last 64 years #bearish
A mix of MRTP restrictions and government emphasis on public sector undertakings forced Tisco to cede market share-first to government-owned Hindustan Steel (now Steel Authority of India Ltd, or SAIL) and, subsequently, to new entrant Jindal Iron & Steel Company (now JSW Steel).
Now, it is the third-largest steel maker in India (10 per cent volume share), after SAIL and JSW Steel.
Dalip Malhan 09:58 PM 15-05-2015
$TATASTEEL has writen off $785m of the value of their European assets. For the second time #bearish
Sumita Raman 12:55 AM 21-04-2015
$TATASTEEL I am not that negative as all the investors below, Tata has very experienced management and will find a way how to optimise costs and make Tata Steel value-generating business in the current environment #hold
Matthew Cameron 11:02 PM 16-04-2015
$TTST UK unions Community, GMB, Ucatt and Unite will start balloting 17,000 members over 6 May strike action which would be Britain’s biggest since the 1980s - not a good time to ask for more pensions
Jai Alamuddin 03:26 PM 14-04-2015
$JSWSTEEL$TATASTEEL$COALINDIA China's yesterday announced imports and exports decline means much weaker demand for global commodities like steel coal oil #bearish
Samer Shahani 02:35 PM 10-04-2015
$JSWSTEEL$SAIL$TATASTEEL Bad for Indian steel stocks:"China’s metals demand is plummeting,” wrote Kenneth Hoffman, the metals analyst who spent a week traveling across the country, meeting with executives, traders, industry groups and analysts. “Demand is rapidly deteriorating as the government slows its infrastructure building and transforms into a consumer economy.” #bearishbloomberg.com/news/articl...-economy
Nita Bhardwaj 05:26 PM 28-03-2015
$TATASTEEL is trading at 10.99 P/E and price/book at 3.55 - still quite expensive for a highly volatile sector
Samer Shahani 04:43 PM 28-03-2015
$TATASTEEL stock is at 52 weeks low & the best option in metal sector.
Meera Sharma 02:42 PM 27-03-2015
$TATASTEEL Experts are expecting more correction in the broader markets in the days to come. I see Tata Steel falling below RS 300
Marichi Sanyal 11:35 AM 28-02-2015
$TATASTEEL 2015FY revenue expected to fall 1%, EBITDA to fall -7%. Investors are just projecting the trend and selling the stock. I don't see any redound in the coming 6 months.
Sumita Raman 02:46 PM 08-12-2014
$TATASTEEL Facing iron ore crunch for the first time in its over 100 years of history, Tata Steel is now operating its 9.7 million tonnes per annum facility in Jamshedpur with raw material bought from domestic sources besides imports. articles.economictimes.in...ta-steel
Nikhil Mahadevia 05:25 PM 05-12-2014
$TATASTEEL industry demand/supply ratio is bad and the stock is expensive so it's a clear #sell for at least a year.
Marichi Sanyal 05:38 PM 25-11-2014
$TATASTEEL had 4.3x Net Debt to EBITDA at the end of 2014FY (March 31 2014) which is very high for a cyclical industry #sell the stock
Marichi Sanyal 05:18 PM 23-11-2014
$TATASTEEL global commodities are still going down: oil, coal, steel. #sell
Nita Bhardwaj 05:45 PM 22-11-2014
$TATASTEEL wait for global steel prices to start growing and than buy... not before
Tata Steel Limited manufactures and sells steel and steel products in India and internationally. It operates through Steel, Ferro Alloys and Minerals, and Others segments. The company offers steel products to vehicle manufacturers and component suppliers, and aerospace sector; structural frames, infrastructure, building envelope, and internal fit out application products used for heating and ventilation, partition walls, etc.; and hot rolled coil products and high-gloss pre-finished steel perforated blanks primarily for use in domestic appliances, furniture and office equipment, racking and shelving, battery cases, bake-ware, and lighting applications. It also provides hot rolled and cold rolled sheets, wire rod and wire, sections, plates, bearings, and tubes for engineering companies; agricultural implements; wire products for farming and fencing applications; and engineering services. In addition, the company offers tinplate, ECCS, and Protact polymer-coated steel products for can making industry; formable steels for steel drums, and pails in the industrial packaging sector; strips and coils, quenched and tempered plates, and special profiles for track shoe and forklift masts, as well as engineered steel bars and tubes for lifting and excavating sector; welded pipeline packages and prefabricated structural products for wind, and oil and gas structures; light fabricated systems for solar farm foundations; and semi finished steel components for drilling and power generation. Further, it provides plates, bulb flats, angles, tubes, sections, and bars for shipbuilding; rail sections size, steel sleeper, noise reduction, other specialized track, and rail products for rail sector; and steel plate and sections, armored steel, blast protective structures, perimeter security, and anti-attack vehicle barriers, as well as engineering consultancy and solutions for defense and security sector. The company was founded in 1907 and is headquartered in Mumbai, India.