Current price is less than the intrinsic value

Intrinsic Value

Stock has not been able to generate better return on equity than bank FD

ROE vs FD rates

Stock doesn't offer attractive dividend returns

Dividend Returns

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

Entry Point

Stock not in ASM/GSM lists and not a lot of promoter holding is pledged

No Red Flags

Shares of Tata Steel Long Products fell over 4 per cent today after the company reported a loss of Rs 331 crore in the June quarter compared to a profit of Rs 331.6 crore in the year-ago quarter. Tata Steel Long Products stock fell up to 4.58 per cent intraday to Rs 575.25 against the previous close…

Tata Steel Long Products stock closes lower on Rs 331-cr loss in June quarter

Trading volume is more than nine times the 30-day average.

Tata Steel Long Products Falls Most In Eight Weeks After Q1 Results

The company saw its expenses rise to Rs 2,489.58 crore from Rs 1,282.59 crore in the same period a year ago.

Tata Steel Long Products incurs Rs 331 cr net loss in June quarter

During the April-June 2022, the company produced 1.91 LT crude steel, up 11 per cent from 1.72 LT in the same period a year ago.

Tata Steel Long Products DRI output falls 4 pc; steel production grows 11 pc in Q1 | The Financial Express

During the April-June 2022, the company produced 1.91 LT crude steel, up 11 per cent from 1.72 LT in the same period a year ago. The company sold 1.74 LT steel against 1.62 LT in the corresponding period of the last financial year. “Steel sales volumes increased by 7 per cent y-o-y and 10 per cent q…

Tata Steel Long Products DRI output falls 4%; steel production grows 11% in Q1

Shares of Tata Steel Long Products rose over 4 per cent in early trade after the strategic disinvestment process of Neelachal Ispat Nigam Limited (NINL) was been completed. Tata Steel Long Products has taken over the company. Tata Steel Long Products stock gained 4.12 per cent to Rs 596.1 against t…

Tata Steel Long Products stock rises 4% on takeover of Neelachal Ispat Nigam

Tata Steel Long Products has acquired a 93.71% stake in 1 million tons per annum Neelanchal Ispat Nigam.

Tata Steel’s step-down subsidiary completes acquisition of stake worth Rs12,100 crore in Neelanchal Ispat Nigam

Tata Steel Long Products (TSLP) rose 2.47% to Rs 586.65 after the company completed the acquisition of stake in Neelachal Ispat Nigam Limited (NINL).

Tata Steel Long Products rises on concluding acquisition of NINL

Buzzing stocks: TCS, Tata Steel Long Products, LIC, MMTC, NMDC, Cipla, Kirloskar Ferrous, Kotak Mahindra Bank, IndusInd Bank, Emami, Muthoot Fin, PTC India Financial, PTC India

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Tata group firm had bought the company for ₹12,100 crore

Neelachal Ispat handed over to Tata Steel Long Products

MMTC divests 49.78% stake in Neelachal Ispat Nigam to Tata Steel Long Products

Tata Steel Long Products, formerly Tata Sponge Iron Limited, is an India-based holding company. The Company is engaged in the production of sponge iron by direct reduction method of iron ore and generation of power from waste heat

Tata Steel Long Products Ltd

Tata Steel Long Products Ltd

Intrinsic Value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry Point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

Tata Steel Long Products stock closes lower on Rs 331-cr loss in June quarter

Tata Steel Long Products Falls Most In Eight Weeks After Q1 Results

Tata Steel Long Products incurs Rs 331 cr net loss in June quarter

Tata Steel Long Products DRI output falls 4 pc; steel production grows 11 pc in Q1 | The Financial Express

Tata Steel Long Products DRI output falls 4%; steel production grows 11% in Q1

Tata Steel Long Products stock rises 4% on takeover of Neelachal Ispat Nigam

Tata Steel’s step-down subsidiary completes acquisition of stake worth Rs12,100 crore in Neelanchal Ispat Nigam

Tata Steel Long Products Ltd

Intrinsic ValueIntrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD ratesFixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend ReturnsA dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry PointHigh demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

Tata Steel Long Products stock closes lower on Rs 331-cr loss in June quarter

Tata Steel Long Products Falls Most In Eight Weeks After Q1 Results

Tata Steel Long Products incurs Rs 331 cr net loss in June quarter

Tata Steel Long Products DRI output falls 4 pc; steel production grows 11 pc in Q1 | The Financial Express

Tata Steel Long Products DRI output falls 4%; steel production grows 11% in Q1

Tata Steel Long Products stock rises 4% on takeover of Neelachal Ispat Nigam

Tata Steel’s step-down subsidiary completes acquisition of stake worth Rs12,100 crore in Neelanchal Ispat Nigam

Intrinsic Value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry Point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock