Besides Angul Energy, the six subsidiaries to be merged with Tata Steel are Tata Steel Long Products (TSPL), The Tinplate Company of India, Tata Metaliks, TRF, Indian Steel & Wire Products, and Tata Steel Mining and S&T Mining Company.

Merger of seven subsidiaries with Tata Steel to be completed by FY24, says CEO Narendran

ICICI Direct recommended hold rating on Tata Metaliks with a target price of Rs 900 in its research report dated January 18, 2023.

Hold Tata Metaliks; target of Rs 900: ICICI Direct

Tata Metaliks shares rose 3.02 per cent intraday to Rs 857.8 against the previous close of Rs 832.65 on BSE. Tata Metaliks stock opened lowered at Rs 825 today.

Tata Metaliks stock gains despite weak Q3 earnings; here’s why

Tata Metaliks standalone net profit declines 73.41% in the December 2022 quarter

Maruti Suzuki India: The car major has recalled a total of 17,362 vehicles manufactured between 8 December 2022 and 12 January 2023 to inspect and replace airbag controller (affected part), free of cost, if required in these vehicles.

Maruti Suzuki, Glenmark Pharma, Tata Metaliks in focus

Stocks to watch today: Tata Metaliks reported a sharp fall of 73 per cent in its December quarter net profit at Rs 9.48 crore, on account of increased expenses

Stocks to Watch: ITC, IndusInd Bk, Adani Transmission, Tata Metaliks, RVNL

Stocks to Watch: Check out the companies making headlines before the opening bell.

Buzzing Stocks | IndusInd Bank, Tata Metaliks, Coforge, and others in news today

Stocks to watch before going into trade today.

Stocks To Watch: ITC, Adani Enterprises, REC, ICICI Lombard, Tata Metaliks

The company had posted a Rs 35.65 crore net profit in the year-ago period, according to a statement

Tata Metaliks Q3 results: Net profit falls 73% to Rs 9.48 crore

Aarti Surfactants had announced a rights issue of 8,92,291 partly paid up equity shares of Rs 10 each at an issue price of Rs 555, aggregating to an amount of Rs 49.52 crore.

Aarti Surfactants, Markolines to go ex-rights; BOI, Metro Brands, Tata Metaliks, Delta Corp, Mastek Q3 results today

Buzzing stocks: Siemens, NTPC, Bank of Maharashra, NTPC, Tata Metaliks, V-Mart Retail, EKI Energy Services, India Pesticides, Phoenix Mills, ICICI General Insurance, ICICI Prudential LIC, DroneAcharya, Bank of India, Newswork18, TV18 Broadcast, Metro Brand, Shalby

Stocks that will see action today — January 17, 2023

Hasn't faired well - amongst the low performers

Performance

Seems to be overvalued vs the market average

Valuation

Lagging behind the market in financials growth

Growth

Showing good signs of profitability & efficiency

Profitability

The stock is underpriced and is not in the overbought zone

Current price is less than the intrinsic value

Fundamentals

Good time to consider, stock is not in the overbought zone

Technicals

Entry point

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

Tata Metaliks Limited is engaged in the manufacture of foundry grade pig iron. The Company manufactures and sells products, such as scrap pig iron and granulated slag.