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Tata Steel shares crack 4% after Q4 results. Here's why JPMorgan downgraded the stockTata Steel's shares dipped despite a 147% surge in Q4 FY26 net profit to Rs 2,965 crore. Analysts are divided, with JPMorgan downgrading to...- Tata Steel Q4 Results: Cons PAT soars 147% YoY to Rs 2,965 crore, revenue jumps 13%Tata Steel Q4 Results: Tata Steel reported a consolidated net profit of Rs 2,965 crore in the March-ended quarter versus Rs 1,201 crore in ...
- Tata Steel to merge wholly owned subsidiary NINL, aims to optimise operationsIn a strategic decision to enhance operational efficiency, Tata Steel's board has greenlit the merger of its subsidiary Neelachal Ispat Nig...
- Tata Steel to boost capacity by 50% to maintain market leadTata Steel plans a nearly 50% capacity expansion in India to defend market share and secure raw materials, with most capex expected from in...
- Running at 100 pc capacity now, NINL was home to snakes, scorpions when acquired by Tata Steel, says MD MehtaOn July 4, 2022, Tata Steel completed the acquisition of Odisha-based Neelachal Ispat Nigam Ltd (NINL) -- the first state-owned steel compa...
- Tata Steel to bring in cost efficiencies at Neelachal IspatNINL's 1-million-tonne plant at Kalinganagar in Odisha is currently less efficient as compared to other steel-producing locations within th...
- Tata Steel's NINL plant reaches 100 pc capacity utilisation within 1 year of acquisitionNINL, a 1.1-million-tonne steel manufacturing unit in Odisha, has reached 100 per cent capacity utilisation within one year of its acquisit...
- Tata Steel aims to restart NINL steel mill in next 3 months: TV NarendranTata Steel's next move will be to take ownership of NINL and work hard along with employees and other stakeholders to realise the full pote...
- Tata Steel to work 'expeditiously' to restart NINL, expand capacity to 10 MT by 2030Tata Steel will leverage its capability in the long products business using its strong brand equity, particularly in the retail constructio...
- NINL ownership handed over to Tata group-owned TSLPTata Steel Long Products (TSLP) had in January emerged as the winning bidder, putting in bids worth Rs 12,100 crore for loss-making NINL, w...
- Tata Steel to ramp up Neelachal Ispat Nigam Ltd operation to 1.1 MTPA within a year: Chairman"Post-acquisition, we will endeavour to ramp up the operations of NINL to its rated capacity of 1.1 million ton per annum within the next 1...
- Neelachal Ispat Nigam acquisition crucial for Tata Steel's growth trajectory: OfficialTata Steel arm - Tata Steel Long Products (TSLP)- had in January this year won the bid to acquire a 93.71 per cent stake in NINL at an ente...
- Tata Steel to complete NINL acquisition in current quarter: CEOThe acquisition of NINL is critical for Tata Steel to build a dedicated long products complex.
- MMTC executes share-purchase pact to sell stake in NINL to Tata Steel armIn January, the government approved the sale of loss-making NINL to Tata Steel Long Products Ltd (TSLPL) for Rs 12,100 crore.
- Tata Steel arm accepts letter of award to acquire NINL; buyout process may complete in 2 monthsOn February 2, the Department of Investment and Public Asset Management (DIPAM) issued the LoA to Tata Steel Long Products (TSLP) for the a...
- Tata Steel's acquisition of NINL to strengthen long-steel output, mining interests: Moody'sMoody's Investors Service on Monday said the acquisition of Neelachal Ispat Nigam Ltd (NINL) by Tata Steel arm is credit positive because i...
- Tata Steel Long Products acquires NINL for Rs 12,100 crNINL’s plant has been shut since March 2020. It had a negative net worth of Rs 3,487 crore and accumulated losses of Rs 4,228 crore as on M...
- JSPL MD says company keen to buy Neelachal Ispat"We are very serious about this asset. For us, the chances are also better, I think ... Though the highest bidder will get the chance, I th...
- Tata Steel evinces interest in assets of Odisha-based NINLNINL is a joint venture company, in which four central PSUs -- MMTC, National Mineral Development Corporation (NMDC), Bharat Heavy Electric...
- NINL to supply steel billets to Power Grid Corporation projectsState-owned PGCIL will use the mild steel channels and angles produced by NINL steel billets for construction of electrical transmission to...
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