170.0600 -3.15 (-1.82%)
NSE Oct 06, 2025 15:31 PM
Volume: 21.5M
 

170.06
-1.82%
SMC online
Tata Steel Ltd. reported a wider-than-expected loss as prices of steel fell and the company accounted for impairment due to Covid-19. Consolidated net loss stood at Rs 1481.34 crore in the fourth quarter compared with a profit of Rs 2,382.55 crore in the same quarter a year ago. The steelmaker made a one-time provision of Rs 3,141 crore for the impairment of non-current assets that led to the higher loss. OPM of the company stood at 2.39% compared to 17.48% in Q4FY19. As a result operating...
Prabhudas Lilladhar downgraded Tata Steel Ltd. to Accumulate with a price target of 181.0 on 29 Sep, 2025.
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