Every 15 Shares of *TATASTLBSL* will get 1 Share of *TATASTEEL*
record date was 16-Nov-2021
*15-Nov* Trading suspended in TATASTLBSL
so keep holding of *TATASTLBSL* in multiple of 15 Shares
Market is in a very different condition now days as Nifty is going all time high
Midcap and Smallcap stocks are going down in same speed
Safe play in this marker can be
#TATASTLBSL entry 90-91 for the target price 125 to 130
#InvestmentIdeas #InvestingUniversity #MacroEconomy
🟡🟡 04-08-21 Tata Steel BSL LTP ₹97.05/-
EPS due today Expecting good Results
Trading with P/E ~4, P/B ~0.49, D/E ~11.99% Mid Cap
Hold in long term view
Disc:- Holding Positions
Shares of Tata Steel gained more than 2% amid rising prices of the alloy
· The steelmaker has rallied over 6.5% in the last five sessions, in excess of 10% in the past month, and nearly 90% in 2021 so far. It has recorded hefty volume of 66 lakh shares traded on NSE today.
· Tata Steel on Thursday told the bourses that CARE Ratings Ltd. has upgraded its rating on the steel mill from ‘AA’ (outlook: negative) to ‘AA+’ (outlook: stable). That, it said, was on account of the company’s strong performance in FY21, both domestic and European operations, besides increase in steel prices, which has led to a substantial cash flow generation.
· According to JPMorgan, Tata Steel’s near-term prospects in Europe remained intact with material upside risk for the business over FY22-FY23. Steel prices, predicted to remain at healthy levels for the next 12 months, alongside rising demand are likely to be key growth drivers for Tata Steel. JPMorgan said the June-quarter results would act as a catalyst for consensus revision of FY21 estimates and pricing regime till 2022 (media report).
Metal stocks momentum may continue on hope of China demand...Expects positive for Tata Steel, SAIL, Hindalco, Jindal Steel, JSW Steel
Metal stocks are witnessing fresh buying after a fall in the last few sessions. Strong quarterly results announced by SAIL and hope of improved China demand boosted metal stocks. Market expects that metal demand may rise ahead of China’s plan for faster construction activities. Expects positive for Tata Steel, SAIL, Hindalco, Jindal Steel, JSW Steel.
#JSWSTEEL #JINDALSTEL #TATASTLBSL #TATASTEEL
Industrial #metals following a range-bound trend on Thursday as the market is awaiting European Central Bank’s monetary policy decision and U.S. consumer inflation. LME #Copper is trading in the range of $9900 - $10000/T
Some fundamentally strong stocks which are capable of giving more that 100% returns.
1. Tata Steel Bsl
2. Zee media
3. Kiri Indus
4. Brightcom Group
Dm for more.
#TATASTLBSL #ZEEMEDIA #BCG #KIRIINDUS #REFEX #InvestingUniversity #InvestmentIdeas #NIFTY50 #MarketsHumor #MacroEconomy #TradingUniversity #AlgoTrading
#KRITINUT - 43.05
#TATASTLBSL - 95
#L&TFH - 88
#KRISHANA - 85 (Don't Buy Big Quantities)
#MBAPL - 84 (Don't Buy Big Quantities)
#AIRAN - 22
#KELLTONTEC - 74
#BCG - 8.40
#UJJIVANSFB - 30
#KTKBANK - 67
#BIRLAMONEY - 46.76
#JMFINANCIL - 88
#RICOAUTO - 46
#MARSHALL-SM - 15
#SUPREMEENG - 37
#GENCON - 46
Some small and quality stocks for your portfolio.
CMP as on 27 May 2021
Tata BSL merger with Tata has been approved by shareholders (15:1).
Tata Steel BSL current pricing is at 30% premium to exchange ratio is puzzling.
Remains constructive on the steel cycle.
*What brokerages are watching out for Macquarie*
Earnings outlook particularly for the EU given contract renegotiation.
Domestic demand outlook and expansion capex and timelines.
Sustainability of Tata Steel European performance.
Any one-offs in Europe in 4QFY21.
Tata Steel Europe buyback 8-9 MT of Co2 allowances in 4QFY21 or purchase in April 2021.
Capex allocation for FY22.
European profits sustainability.
Timeline for Kalinganagar expansion.
ESG: carbon abatement strategy.
Corporate structuring: growth plans for each vertical.
Tata Steel BSL synergies.
Tata Steel Europe: carbon allowances in stock.
Macro: any risk on price caps locally, trade measures for EU.