Tata Steel share price jumps 3.5% to hit fresh record high
Tata Steel's stock posted gains on Saturday, closing 3.52% higher supported by strong volumes.
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Tata Steel's stock posted gains on Saturday, closing 3.52% higher supported by strong volumes.
Today, Tata Steel's share price reached a high of 150.65, indicating positive momentum in the stock's performance.
TRF share price hits upper circuit of 20% at Rs 327.70, scaling its new 52-week high after the company announces that they will not proceed with scheme of amalgamation with Tata Steel.
Memorandum of Settlement, the total payout for eligible employees of all applicable divisions of the Company will be Rs 314.70 crore.
The Indian steel major has been in long-drawn discussions related to the critical green transition of the UK’s largest steelworks, involving thousands of jobs in the country’s steel industry.
Deliveries increased by 18% YoY to 4.8 million tonnes, driven by an increase in domestic deliveries, while exports decreased by 0.25 million tonnes YoY.
Top stocks to watch today are Ambuja Cements, Tata Steel, Fino Payments Bank, Home First Finance, besides others.
Tata Steel released its quarterly report for the company's Q4 FY-23.
Top stocks to watch today are Nykaa, Tata Steel, Dmart, Hero MotoCorp, Equitas Small Finance Bank, besides others.
LIC, IRCTC, Hindalco, HPCL, Adani Total, Zomato, Aurobindo Pharma, and Bajaj Consumer Care will be among the companies reporting profits for the December quarter today.
Stocks to Watch: Tata Steel recorded a consolidated net loss of Rs 2,223.84 crore in the December quarter (Q3FY23) due to a steep decline in European realisations.
Tata Steel Q3 results: Ahead of the results, Tata Steel shares finished 2.62% down on Monday, at Rs 117.20 a share on the NSE.
Today's top stocks include HDFC Bank, Avenue Supermarts, Wipro, and many Pharma businesses.
Balrampur Chini, BHEL, Delta Corp, GNFC, Indiabulls Housing Finance, IRCTC, and PNB are the seven companies to keep an eye on today.
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