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21 November 2019

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Tata Steel Ltd (Steel - Large)

Last Price 393.75
Net Changes -4.95
Volume 3354253
Prev Close 398.70
393.75 -4.95 (-1.24%)
Date: Nov 21,2019 10:54:59




Index Details Steel - Large


Chart

Stock Price Details

Market Statistics

Open Price 399.55 Div Yield (%) 3.49
Buy (Size) 393.65(×219) Eps(Rs) 90.62
Sell (Size) 393.80(×101) Book Value (Stand.)(Rs) 674.74
Value 9067107850 Book Value(conso.)(Rs) 644.64
Buy Quantity 219 Market Cap(Rs.Cr) 44901.33
Sell Quantity 101 Face Value(Rs) 10
Today's High 399.55 Market Lot 1
Today's Low 393 AGM Date Jul
52-Week High 577.8 Book Closure Date Jul
52-Week Low 320.3 ISIN No. INE081A01012

Share Holding Pattern

  No Of shares % Share Holding
Total Foreign (Promoter & Group) 0 0.00
Indian (Promoter & Group) 398823600 33.12
Total of Promoter 398823600 33.12
Non Promoter (Institution) 528505752 43.89
Non Promoter (Non-Institution) 276797033 22.99
Total Non Promoter 805302785 66.88
Total Promoter & Non Promoter 1204126385 100.00
Custodians(Against Depository Receipts) 0 0.00
Grand Total 1204126385 100.00

Company News

19-Nov-2019  Tata Steel outlines transformation programme in Europe
Tata Steel outlines transformation programme in Europe

Tata Steel outlined proposals for a transformation programme in Europe. The programme is needed to ensure the business can thrive despite severe market headwinds which have led to a sharp decline in profitability. At the same time, it aims to secure the foundation for investments required to accelerate innovation and the company's journey towards carbon-neutral steelmaking.

Tata Steel highlighted plans to urgently improve its financial performance to make sure the European business becomes self-sustaining and cash positive, while enabling investment to safeguard its long-term future. The plans include a proposed new way of working to boost productivity and reduce bureaucracy as well as a focus on increasing sales of higher-value steel products and solutions.

The programme is focused on four areas to improve financial performance:

▪ Increasing sales of higher-value steels by improving product mix and customer focus;
▪ Efficiency gains by optimising production processes, supported by the application of big data and advanced analytics;
▪ Lowering employment costs, leading to an estimated reduction in employee numbers of up to 3,000 across Tata Steel Europe's operations, about two-thirds of which are expected to be office-based (‘white collar') roles;
▪ Reduction of procurement costs through smarter sourcing and strengthening cooperation with companies within the Tata Steel group.

Through its proposed transformation programme, Tata Steel Europe is initially targeting a positive cash flow by the end of its financial year ending March 2021. It is also aiming for an EBITDA margin of around 10% throughout the market cycle. Based on full year 2019 revenue figures, this would equate to £750 million in EBITDA. With improved earnings and cash flows, Tata Steel Europe will be a financially self-sustaining business able to invest in asset reliability and improvements while also servicing its financial obligations to its lenders and shareholders.

19-Nov-2019  Tata Steel inches up after unveiling cost-cutting plans for Eu...
Tata Steel inches up after unveiling cost-cutting plans for Europe biz

The scrip has traded in the range of Rs 411.75 and Rs 414.85 so far during the day.

Tata Steel outlined proposals for a transformation programme in Europe. The programme is needed to ensure the business can thrive despite severe market headwinds which have led to a sharp decline in profitability.

Tata Steel highlighted plans to urgently improve its financial performance to make sure the European business becomes self-sustaining and cash positive, while enabling investment to safeguard its long-term future.

The programme is focused on improving financial performance by increasing sales of higher-value steels, efficiency gains by optimising production processes, lowering employment costs, and reduction of procurement costs.

Through its proposed transformation programme, Tata Steel Europe is initially targeting a positive cash flow by the end of its financial year ending March 2021. It is also aiming for an EBITDA margin of around 10% throughout the market cycle. Based on full year 2019 revenue figures, this would equate to £750 million in EBITDA.

In the first six months of its current financial year (starting April 2019), Tata Steel Europe reported a drop of 90% in EBITDA to £31 million. Revenue was £3.25 billion.

Tata Steel Group is among the top global steel companies with an annual crude steel capacity of 33 million tonnes per annum (MnTPA). It is one of the world's most geographically-diversified steel producers, with operations and commercial presence across the world.

18-Nov-2019  Tata Steel Ltd - Tata Steel Limited - Updates
Tata Steel Ltd - Tata Steel Limited - Updates

Tata Steel Limited has informed the Exchange regarding Completion of sale of equity shares in NatSteel Vina Co. Ltd. .
15-Nov-2019  Tata Steel intimates of divestment of entire stake in NatSteel...
Tata Steel intimates of divestment of entire stake in NatSteel Vina Co.

Tata Steel announced the completion of sale of entire equity stake of 56.7% in NatSteel Vina Co. (NSV) held by NatSteel Holdings (NSH), a step down subsidiary of Tata Steel. With this transaction, NSV ceases to be a related party to NSH.
14-Nov-2019  Tata Steel Ltd - Tata Steel Limited - Analysts/Institutional I...
Tata Steel Ltd - Tata Steel Limited - Analysts/Institutional Investor Meet/Con. Call Updates

Tata Steel Limited has informed the Exchange regarding Analysts/Institutional Investor Meet/Con. Call Updates
13-Nov-2019  Tata Steel Ltd - Tata Steel Limited - Updates
Tata Steel Ltd - Tata Steel Limited - Updates

Tata Steel Limited has informed the Exchange regarding Payment of Interest - 11.50% Perpetual Hybrid Securities Rs. 775 crore..
11-Nov-2019  Tata Steel Ltd - Tata Steel Limited - Updates
Tata Steel Ltd - Tata Steel Limited - Updates

Tata Steel Limited has informed the Exchange regarding Newspaper Advertisement - Results for the quarter and half year ended September 30, 2019.
08-Nov-2019  Tata Steel Ltd - Tata Steel Limited - Analysts/Institutional I...
Tata Steel Ltd - Tata Steel Limited - Analysts/Institutional Investor Meet/Con. Call Updates

Tata Steel Limited has informed the Exchange regarding Analysts/Institutional Investor Meet/Con. Call Updates
07-Nov-2019  Tata Steel consolidated net profit declines 5.37% in the Septe...
Tata Steel consolidated net profit declines 5.37% in the September 2019 quarter

Net profit of Tata Steel declined 5.37% to Rs 3405.43 crore in the quarter ended September 2019 as against Rs 3598.73 crore during the previous quarter ended September 2018. Sales declined 15.77% to Rs 33953.75 crore in the quarter ended September 2019 as against Rs 40313.03 crore during the previous quarter ended September 2018.

ParticularsQuarter Ended
 Sep. 2019Sep. 2018% Var.
Sales33953.7540313.03 -16
OPM %9.0721.83 -
PBDT1413.047116.75 -80
PBT-714.125269.21 PL
NP3405.433598.73 -5
07-Nov-2019  Tata Steel Ltd Slips 2.28%
Tata Steel Ltd Slips 2.28%

Tata Steel Ltd fell 2.28% today to trade at Rs 395.15. The S&P BSE Metal index is down 0.86% to quote at 9742.71. The index is up 15.3 % over last one month. Among the other constituents of the index, NMDC Ltd decreased 1.98% and Steel Authority of India Ltd lost 1.15% on the day. The S&P BSE Metal index went down 25.02 % over last one year compared to the 15.36% surge in benchmark SENSEX.

Tata Steel Ltd has added 21.66% over last one month compared to 15.3% gain in S&P BSE Metal index and 8.31% rise in the SENSEX. On the BSE, 2.08 lakh shares were traded in the counter so far compared with average daily volumes of 9.57 lakh shares in the past one month. The stock hit a record high of Rs 610 on 14 Nov 2018. The stock hit a 52-week low of Rs 320.3 on 09 Oct 2019.

Incorporation Year 1907 
Registered Office Bombay House,24 Homi Mody Street Fort,
,
Maharashtra-400001
Telephone 91-022-66658282 
Fax 91-022-66657724 
Chairman N Chandrasekaran
Managing Director T V Narendran
Company Secretary K Parvatheesam 
Auditor Price Waterhouse & Co Chartered Accountants LLP 
Face Value(Rs) 10 
Market Lot
Listing BSE,London,Luxembourg,MSEI,NSE,Singapore 
Registrar TSR Darashaw Consultants P Ltd
6-10 Haji Moosa,Patrawala Ind.Estate,DrEMoses Rd Mahalaxm,Mumbai - 400 011 
Toll Free number: 1800-425-5501 / 1800-103-5501
FINANCIAL TOOLS