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Tata Metaliks gains on reporting over 3-fold jump in Q1 net profit Tata Metaliks is currently trading at Rs. 827.15, up by 3.00 points or 0.36% from its previous closing of Rs. 824.15 on the BSE. The scrip opened at Rs. 835.15 and has touched a high and low of Rs. 835.90 and Rs. 817.95 respectively. So far 6176 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 874.35 on 19-Jan-2023 and a 52 week low of Rs. 645.00 on 14-Jul-2022. Last one week high and low of the scrip stood at R...
Tata Metaliks gains on reporting over 3-fold jump in Q1 net profit
Tata Metaliks gains on reporting over 3-fold jump in Q1 net profit
Source: Accord Fintech
14/07/2023 2:25:34 PM
Hold Tata Metaliks Ltd For Target Rs. 900 - ICICI Direct Performance likely to improve, going forward…. About the stock: Tata Metaliks (TML) is a subsidiary of Tata Steel, which started its commercial production in 1994. TML has manufacturing facilities in Kharagpur, West Bengal, which produces pig iron and ductile iron (DI) pipes * TML is currently in the process of expanding its DI pipe capacity * TML has a healthy balance-sheet. It is one of the few players in the steel pipe sector having net cash position on its balance sheet ...
Hold Tata Metaliks Ltd For Target Rs. 900 - ICICI Direct
Hold Tata Metaliks Ltd For Target Rs. 900 - ICICI Direct
Source: ICICI Direct Ltd
13/03/2023 11:14:11 AM
Buy Tata Metaliks Ltd For Target Rs 900 - ICICI Direct Performance likely to improve, going forward…. About the stock: Tata Metaliks (TML) is a subsidiary of Tata Steel, which started its commercial production in 1994. TML has manufacturing facilities in Kharagpur, West Bengal, which produces pig iron and ductile iron (DI) pipes. * TML is currently in the process of expanding its DI pipe capacity * TML has a healthy balance-sheet. It is one of the few players in the steel pipe sector having net cash position on its balance sheet ...
Buy Tata Metaliks Ltd For Target Rs 900 - ICICI Direct
Buy Tata Metaliks Ltd For Target Rs 900 - ICICI Direct
Source: ICICI Direct Ltd
19/01/2023 1:59:05 PM
Tata Metaliks shines despite reporting 73% fall in Q3 net profit Tata Metaliks is currently trading at Rs. 857.10, up by 24.45 points or 2.94% from its previous closing of Rs. 832.65 on the BSE. The scrip opened at Rs. 825.00 and has touched a high and low of Rs. 858.05 and Rs. 821.35 respectively. So far 28533 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 921.75 on 11-Apr-2022 and a 52 week low of Rs. 622.45 on 20-Jun-2022. Last one week high and low of the scrip stood at...
Tata Metaliks shines despite reporting 73% fall in Q3 net profit
Tata Metaliks shines despite reporting 73% fall in Q3 net profit
Source: Accord Fintech
18/01/2023 12:59:51 PM
Mega Merger: Seven Tata companies to amalgamate with Tata Steel Steel major Tata Steel Ltd on Friday announced a mega merger of listed and unlisted companies mainly to derive business synergies and also to reduce and simplify the Tata Group's steel business structure. Tata Steel's Board on Friday approved the amalgamation of seven group companies with the former. The merging seven companies are: 1. Tata Steel Long Products Limited, A2. The Tinplate Company of India Limited, 3. Tata Metaliks Limited, 4. TRF Limited, 5. The Indian Steel & ...
Mega Merger: Seven Tata companies to amalgamate with Tata Steel
Mega Merger: Seven Tata companies to amalgamate with Tata Steel
Source: IANS
23/09/2022 5:22:17 PM
Tata Metaliks shines on inaugurating Phase-I expansion project of DI Pipe plant at Kharagpur Tata Metaliks is currently trading at Rs. 845.00, up by 32.75 points or 4.03% from its previous closing of Rs. 812.25 on the BSE. The scrip opened at Rs. 837.50 and has touched a high and low of Rs. 849.00 and Rs. 815.90 respectively. So far 7214 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1156.00 on 08-Oct-2021 and a 52 week low of Rs. 622.45 on 20-Jun-2022. Last one week high and low of the scrip stood at...
Tata Metaliks shines on inaugurating Phase-I expansion project of DI Pipe plant at Kharagpur
Tata Metaliks shines on inaugurating Phase-I expansion project of DI Pipe plant at Kharagpur
Source: Accord Fintech
16/09/2022 10:21:27 AM
Hold Tata Metaliks Ltd For Target Rs.690 - ICICI Direct About the stock: Tata Metaliks (TML) is a subsidiary of Tata Steel, which was established in 1990. TML has manufacturing facilities in Kharagpur, West Bengal, which produces pig iron and ductile iron (DI) pipes. * TML is currently in the process of expanding its ductile iron pipe capacity * TML has healthy cash flows and a strong balance-sheet. It is one of the few players in the steel pipe sector having net cash position on its balance sheet   Q1FY23 Results: TML reporte...
Hold Tata Metaliks Ltd For Target Rs.690 - ICICI Direct
Hold Tata Metaliks Ltd For Target Rs.690 - ICICI Direct
Source: ICICI Direct
18/07/2022 12:46:16 PM
Tata Metaliks declines on witnessing fall in sales volume of Pig Iron & DI Pipe in Q1 FY23 Tata Metaliks is currently trading at Rs. 668.05, down by 34.30 points or 4.88% from its previous closing of Rs. 702.35 on the BSE. The scrip opened at Rs. 662.00 and has touched a high and low of Rs. 671.15 and Rs. 645.00 respectively. So far 30174 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1364.90 on 30-Jul-2021 and a 52 week low of Rs. 622.45 on 20-Jun-2022. Last one week high and low of the scrip stood...
Tata Metaliks declines on witnessing fall in sales volume of Pig Iron & DI Pipe in Q1 FY23
Tata Metaliks declines on witnessing fall in sales volume of Pig Iron & DI Pipe in Q1 FY23
Source: Accord Fintech
14/07/2022 11:25:57 AM
Hold Tata Metaliks Ltd For Target Rs.975 - ICICI Direct EBITDA margins impacted by higher raw material cost About the stock: Tata Metaliks (TML) is a subsidiary of Tata Steel, which was established in 1990. TML has manufacturing facilities in Kharagpur, West Bengal, which produces pig iron and ductile iron (DI) pipes. * By H2FY23, TML would double its DI pipe capacity to 4 lakh tonnes * TML has healthy cash flows and a strong balance-sheet. It is one of the few players in the steel pipe sector having net cash position on its balance sheet...
Hold Tata Metaliks Ltd For Target Rs.975 - ICICI Direct
Hold Tata Metaliks Ltd For Target Rs.975 - ICICI Direct
Source: ICICI Direct
20/01/2022 9:40:23 AM
Buy Tata Metaliks Ltd For Target Rs.1440 - Monarch Networth Cost headwinds ahead; DI pipe thesis intact We lower our TP to Rs1440 (Rs1480 previously) and re-iterate BUY rating on Tata Metaliks (TML). We have lowered FY22/FY23 estimates to account for higher royalty structure for iron ore and surge in coking coal cost (partly offset by higher realisations). The performance in 2QFY22 was subdued due to moderation of pig iron spreads. We expect operating profit to remain weak in 2HFY22 mainly due to exponential surge in coking coal cost until 1QFY23 w...
Buy Tata Metaliks Ltd For Target Rs.1440 - Monarch Networth
Buy Tata Metaliks Ltd For Target Rs.1440 - Monarch Networth
Source: Monarch Networth Capital Ltd
14/10/2021 9:33:37 AM
Buy Tata Metaliks Ltd For Target Rs. 1,475 - ICICI Direct Reports best ever quarterly profit… About the stock: Tata Metaliks (TML) is a subsidiary of Tata Steel, which was established in 1990. TML has manufacturing facilities at Kharagpur, West Bengal, India which produces pig iron and ductile iron (DI) pipes * By Q4FY23, TML would double its DI pipe capacity to 4 lakh tonnes * TML has healthy cash flow and strong balance-sheet. It is one of the few players in the steel pipe sector having net cash position in its balance sheet ...
Buy Tata Metaliks Ltd For Target Rs. 1,475 - ICICI Direct
Buy Tata Metaliks Ltd For Target Rs. 1,475 - ICICI Direct
Source: ICICI Direct
26/07/2021 10:04:23 AM
Buy Tata Metaliks Ltd For Target Rs. 1,480 - Monarch Networth Capital Beneficiary of a deficit supply dynamics We raise our TP to Rs1480 and re-iterate BUY rating on Tata Metaliks (TML). We raise our FY23E earnings by 22% on steep surge in DI pipe realisations due to supply deficit market scenario and robust government spending on water projects. We raise our target multiple to 7x on certainty of DI pipe capacity expansion. This implies that TML will have 80% EBITDA from high margin value added product which will be de-risked from commodity cycles. Although ...
Buy Tata Metaliks Ltd For Target Rs. 1,480 - Monarch Networth Capital
Buy Tata Metaliks Ltd For Target Rs. 1,480 - Monarch Networth Capital
Source: Monarch Networth Capital
16/07/2021 1:23:14 PM
Key News - PepsiCo , Tata Metaliks Ltd, Adani group, Sunteck Realty Ltd, Vedanta Ltd by ARETE Securities Key News PepsiCo reports double-digit Q2 growth in India despite Covid second wave Global food and beverage major PepsiCo on Tuesday reported double-digit growth in India in second quarter, despite the market being severely hit by the second wave of the pandemic. PepsiCo's net revenue from the Africa, Middle East, South Asia (AMESA) division under which India comes, was at USD 1.6 billion in the quarter, up 62.97 per cent as against USD 0.98 billion in the year-ago period. PepsiCo&#...
Key News - PepsiCo , Tata Metaliks Ltd, Adani group, Sunteck Realty Ltd, Vedanta Ltd by ARETE Securities
Key News - PepsiCo , Tata Metaliks Ltd, Adani group, Sunteck Realty Ltd, Vedanta Ltd by ARETE Securities
Source: ARETE Securities Ltd
14/07/2021 9:17:31 AM
Stock Picks - Buy Tata Metaliks Ltd For Target Rs. 985 - ICICI Direct Technical Observations The stock has recently generated a breakout above the last two months range (| 843-665) signalling strength and continuation of the up move thus offers fresh entry opportunity We expect the stock to continue with its positive momentum and head towards | 985 levels as it is the 123.6% external retracement of the last two months breather (| 934-665) placed at | 985 levels The stock has recently rebounded after forming a higher base at the previous major trendline...
Stock Picks - Buy Tata Metaliks Ltd For Target Rs. 985 - ICICI Direct
Stock Picks - Buy Tata Metaliks Ltd For Target Rs. 985 - ICICI Direct
Source: ICICI Direct
23/04/2021 2:10:12 PM