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Total 157 results found. Search for [ Tata Steel profit ]

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BusinessToday.In
August 14, 2018
The Sensex recovered by 207 points to 37,852, taking comfort from positive inflation numbers coupled with emergence of buying by domestic institutional investors.The Nifty too rose 80 points to close at 11,435. Besides strengthening rupee, encouraging earnings by some blue-chip firms including Tata Steel and Sun Pharma also helped in building positive sentiments, brokers said.The Sensex had lost 379.47 points in the previous two sessions.Sun Pharma (6.91%), YES Bank (2.87%) and ICICI Bank (2.17%) were the top Sensex gainers. The Sun Pharma stock rose after the firm reported a consolidated net profit of Rs 982.51 crore for the quarter ended June 30, 2018 compared with net loss of Rs 424.92 crore for the corresponding period of 2017-18.Tata Steel stock also gained in the Sensex list, surging 1.70 per cent after the company said its consolidated net profit jumped more than two-folds to Rs 1,933 crore in the April-June quarter of 2018-19 compared to Rs 921 crore during the same period a year ago.Meanwhile, the rupee closed at 69.90 level against the dollar compared with Monday's close of 69.93.Intra day, the currency fell past the key 70 level to hit a fresh all time low of 70.08. Market breadth was marginally negative with 1302 stocks closing higher compared with 1390 ending in the red on BSE.


BusinessToday.In
August 14, 2018
At 9:36 am, the stock was trading 1.59% higher at 578 level on the BSE. The stock rose 3.13% to hit an intra day high of 587 level.  The stock has gained after two days of consecutive fall and opened with a gain of 2.60% at 584 level. 


BusinessToday.In
July 19, 2018
Erasing early gains, the Sensex closed lower by 22 points at 36,351  in range-bound trade amid lower-than-expected results.The Nifty too fell 23 points to 10,957 level.Investors were not in a mood to make fresh bets ahead of the voting on the no-confidence motion against the NDA government tabled in the Lok Sabha, brokers said.A depreciating rupee, which again breached the 69-mark against the dollar in intra-day trade, too weighed on sentiment, they added.Kotak Mahindra Bank was the top Sensex loser falling 3.69% or 51.80 points after the private sector lender reported a rise in provisions for bad loans doubled to Rs 469.63 crore in Q1.  The bank reported 12.29 per cent rise in standalone net profit at Rs 1,024 crore for June quarter.L&T (2.61%), Hero MotoCorp (1.22%) and Tata Steel (0.98%) were the other major Sensex losers.Market breadth was negative with 827 stocks closing higher compared with 1754 ending lower on BSE.Meanwhile, domestic institutional investors bought shares worth Rs 111  crore, while foreign portfolio investors bought shares worth Rs 95.68 crore yesterday, provisional data showed.


BusinessToday.In
July 9, 2018
The NCLT's judgement was based on a petition filed by Cyrus Mistry challenging his dismissal as chairman of the Tata Sons. The Board of Tata Sons had abruptly removed Mistry as its chairman on October 24, 2016.


BusinessToday.In
July 4, 2018
The Mumbai bench of NCLT on Wednesday deferred its judgement on ousted Tata Sons chairman Cyrus Mistry's petitions against the Tata Group.


BusinessToday.In
May 23, 2018
The Sensex and Nifty closed lower today dragged by energy stocks such as Hindustan Petroleum Corp and Oil and Natural Gas Corp on rising concern that the government may ask state-owned oil firms to share the burden of higher petrol and diesel prices.The broader NSE Nifty closed 1.01 percent lower at 10,430, while the benchmark BSE Sensex fell 0.88 percent to 34,344. Both the indexes fell over 1 percent in the last hour of trading. SBI was the top Sensex gainer after the bank said worse of the bad loan situation was over in Q4 during its earnings announcement yesterday. NTPC and L&T were the other Sensex gainers. Tata Steel, ONGC and Dr Reddy's were the top Sensex losers. Drug firm Dr Reddy's Laboratories on Tuesday reported a 3.29 per cent fall in its consolidated net profit to Rs 302.2 crore for the fourth quarter ended March 31, 2018, mainly on account of continuing headwinds in the US.The company had posted a net profit of Rs 312.5 crore for the corresponding period of the previous fiscal.Vedanta fell 6.23 percent to its lowest close since June 30, 2017, after a court halted the proposed expansion of Vedanta Resources Plc's copper smelter in Tamil Nadu. On Tuesday, 11 people were killed when police fired on protesters seeking closure of the plant on environmental grounds.Metal stocks were the top losers with the BSE metal index falling 3.93% or 534 points to 13,076 level. The Oil and gas index was the second leading loser on BSE falling 3.45% or 491 points to 13,762 level after the government was said to be considering a decision to cut petrol and diesel prices which have hit all-time highs post Karnataka election results on rising brent crude prices.Market breadth was negative with 1110 stocks closing higher against 1544 stocks ending lower on BSE. 123 stocks were unchanged.


BusinessToday.In
May 17, 2018
The market capitalisation of the stock stood at Rs 80,263.80 crore on BSE.  The stock has delivered 61.07% returns during the last one year compared with 45.74% returns from the sector. It has risen 23.47% since the beginning of this year.


PTI
New Delhi, May 16, 2018
Domestic steel giant Tata Steel reported consolidated net profit of Rs 14,688.02 crore for the March quarter. The company had clocked a net loss of Rs 1,168.02 crore in the corresponding quarter of the previous fiscal.


PTI
May 16, 2018



BusinessToday.In
May 2, 2018
The market closed flat in trade today after traders turned cautious tracking negative global cues ahead of the US Federal Reserve policy announcement scheduled later in the day. While the Sensex closed 16 points or 0.05 % higher at 35,176, Nifty fell 0.20% or 21.30 points to 10,718. Earlier the Sensex rose over 200 points in opening trade but pared most gains later in the day. Kotak Mahindra Bank, ITC and Asian Paints were the top Sensex gainers. Kotak Mahindra Bank was the top Nifty gainer too, closing 4.04% higher at 1260 level.  The lender on April 30 posted a 27% rise in consolidated net profit to Rs 1,789.24 crore in its financial results for the quarter ended March 31, 2018. Tata Steel, ICICI Bank and HUL were the top Sensex losers. The HCL Technologies stock closed 4.79% or 50 points lower at 1001 on BSE after India's fourth largest IT services firm posted a 9.8 per cent decline in its consolidated net profit for the March 2018 quarter at Rs 2,230 crore. Brokers said investor sentiment was cautious ahead of US Federal Reserve's two-day policy meet outcome, as the central bank in March signalled that the path of future rate hikes could be \"slightly steeper\" over the next few years than previously thought.The PC Jeweller stock closed 23.69% lower at 110.65 on BSE.  The stock is the top loser on the index. Financial markets were shut yesterday on account of 'Maharashtra Day'.


BusinessToday.In
April 19, 2018
Investor sentiment was optimistic ahead of quarterly earnings of some key companies, including TCS. Overseas, Asian stocks rose, building on gains a day earlier, even as oil prices climbed to three-and-a-half year highs. Tata Steel (3.17%), YES Bank (2.83%) and Bharti Airtel (2.64%) were the top Sensex gainers.


Sumant Banerji
New Delhi, April 2, 2018
SAIL has turned around after 10 consecutive quarters of losses. But it needs to do much more to stay relevant in future.


Nevin John
February 21, 2018
Amidst challenging economic environment Chandrasekaran had an action packed one year, settling issues in telecom, steel and automobiles sectors.


Nevin John
New Delhi, February 20, 2018
Debt is reducing, sales rising and margins increasing. It's a good sign for the steelmaker, say industry experts.


PTI
February 12, 2018



PTI
February 12, 2018



BusinessToday.in
New Delhi, February 9, 2018
The company achieved consolidated quarterly revenue of Rs 33,447 crore, which is up by 15 per cent on YoY bases while 3 per cent on the QoQ basis.


BusinessToday.in
February 9, 2018
While the Sensex closed 407.40 points lower at 34,005, the Nifty fell 121 points to lose at 10,454 level. Of 30 Sensex stocks, 24 closed in the red.


PTI
January 29, 2018
The company's consolidated net profit in the corresponding quarter of the previous fiscal stood at Rs 2,728.66 crore.


BusinessToday.in
January 29, 2018
Powered by a substantial rise in Maruti Suzuki stock on nod to agreement for lower payment of royalty,  the indices rose to 36,372 and 11,149, respectively. The  Maruti Suzuki stock alone lifted the market by almost 370 points on its Q3 net profit announcement last week.


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