What is the prediction of Tata Steel?
Tomorrow’s movement Prediction of Tata Steel Limited TATASTEEL as on 25 Nov 2021 appears undecisive. It can be Bearish or Bullish. You should wait for the first half to take a decision on this stock….Munafa value: 54 as on 25 Thu Nov 2021.
| Upside target | 1216 |
|---|---|
| Downside target | 1152.4 |
What is happening in Tata Steel?
Tata Steel revives plans to sell its Thailand business Net debt has fallen to Rs78,163 crore as on September 30, 2021 from Rs116,328 crore on March 31, 2020. In this period, Tata Steel’s share price has climbed more than four times.
Why Tata Steel is down?
One of the reasons for the street’s disappointment was the slow pace of debt reduction in the company. It was the sharp fall in global steel prices that caused the bigger dent to the steel maker’s stock price.
Is Tata Steel bullish or bearish?
TATA STEEL has shown a Double Bottom Chart Pattern. It is a Bullish Pattern and the Stock could Rise above 400 Levels.
Which is better Tata Steel vs JSW?
Last year, the company had overtaken Tata Steel to become the number two in the industry. JSW Steel reported net sales of Rs 52,971 crore in the year ended March against Rs 45,710 crore reported by SAIL. In comparison, Tata Steel’s India operations reported net sales of Rs 33,666 crore in the same period.
Why is Tata Motors stock going up?
Tata Motors share price began to rise after the company announced its plans to raise Rs 7,500 crore from TPG Rise Climate, along with its co-investor ADQ. The stocks of Tata Motors jumped over 22% to settle at Rs 530 on the BSE as of Wednesday. The dip might be the result of investors booking profit from the rally.
Is Tata Steel is in profit or loss?
Financials
| Profit & Loss account of Tata Steel (in Rs. Cr.) | Mar 21 | Mar 20 |
|---|---|---|
| Total Tax Expenses | 4,188.51 | -132.82 |
| Profit/Loss After Tax And Before ExtraOrdinary Items | 13,606.62 | 6,743.80 |
| Profit/Loss From Continuing Operations | 13,606.62 | 6,743.80 |
| Profit/Loss For The Period | 13,606.62 | 6,743.80 |
What is the turnover of TCS?
TCS Q1 net profit rises 28.5% to ₹9,008 crore; revenue at ₹45,411 crore. India’s largest IT services company Tata Consultancy Services (TCS) kickstarted the earnings season on Thursday by reporting a 28.5% rise in Q1FY22 net profit of ₹9,008 crore as compared to ₹7,008 crore in the year-ago quarter.
What is the RSI of Wipro?
Wipro Ltd. technical analysis
| Indicator | Value |
|---|---|
| Trendlyne Momentum Score | 49.4 |
| Normalized Momentum Score | 57.0% |
| RSI(14) | 41.7 |
| MFI | 61.7 |