Current price is less than the intrinsic value

Intrinsic Value

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

Returns 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

Tata Steel Long Products standalone net profit declines 65.87% in the December 2021 quarter

Buzzing stocks: UltraTech Cement, HFCL, Fineotex Chem, Sonata Software, Tata Steel Long Products, Tatva Chintan, HDFC Bank, HCL Tech, Hero MotoCorp, GAIL India, Adani Enterprises, Metro Brands, Dalmia Bharat, Greenpanel, HSIL, Lagnam Spintex

Stocks that will see action today (January 17)

These companies will also be in focus on stock exchanges amid their Q3 earnings.

Ultratech Cement, HFCL, Sonata Software, Tata Steel Long Products among key earnings to watch today

Shares of companies like UltraTech Cement, Angel One, Tata Steel Long Products, Tatva Chintan Pharma Chem, Hathway, and KPI Global Infra will be in focus as they announce their December quarter earnings today

Stocks to Watch: HDFC Bank, HCL Tech, Maruti, Oil India

The credit rating agency affirms the company’s short-term rating on fund-based limits and CP at A1+.

Ind-Ra upgrades Tata Steel Long Products long-term issuer rating to AA+

Tata Steel Long Products said that India Ratings and Research has upgraded the company’s long-term issuer rating to ‘IND AA+’ with ‘Stable’ outlook.

India Ratings upgrades Tata Steel Long Products to ‘IND AA+’

Tata Steel Long Products receives upgrade in long term issuer rating

Tata Steel Long Products slumped 4.24% to Rs 873.85 after the company’s net profit declined by 59.36% to Rs 134.77 crore in Q2 FY22 from Rs 331.60 crore in Q1 FY22.

Tata Steel Long Products declines after Q2 PAT drops 59% sequentially

1)Havells 
PAT lower at Rs302.39cr on a spike in input costs despite better inventory efficiency
Margin 13.7% vs 17.2% Havells India Ltd reported 31.65% growth in total revenues for the Sep-21 


2) Tata Steel Long Products 
Q2 PAT grows 128% YoY at Rs134.77cr on higher sales and inventory efficiency gains. Co reported 38.07% higher total revenues for the Sep-21 quarter on a consolidated basis at Rs1,637.37cr

3) Supreme Petrochem 
Q2 PAT grows 47.5% YoY at Rs127.07cr on sharply higher revenue traction. The Co reported a 71.56% spike in growth in total revenues for the Sep-21 quarter at Rs1,190.76cr

4) L&T Finance
The Q2 net profit falls 15.5% to Rs 224cr, while the net interest income grew by 5% YoY to Rs 1461 cr

5) Shoppers Stop  
The company's Q2 net loss narrows to Rs 3.6 from Rs 97.7 cr a year ago. The revenue from operations more than doubles to Rs 642 cr 

6) PVR
Opening of 6 Screen multiplex - PVR Maison in Jio World Drive, Bandra Kurla Complex at Mumbai. 

7) Bharat Gears  
Approves offering of 1 share for 10 on rights basis at Rs105/share

8) Jindal Stainless (Hisar)
Commissions Phase I of brownfield expansion at Specialty Products Division
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Q2 PAT grows for Tata steel &Supreme petrochem; drop for L&T finance & Shoppers stop

While discussing their weak Q2 earnings, Sandeep Kumar, the Managing Director of Tata Metaliks, gives us an idea on the timeline for the completion of their merger with Tata Steel Long Products.

#CNBCTV18 #BusinessNews #ShareMarketToday #Nifty #Sensex #SandeepKumar #TataMetaliks #TataSteelLongProducts

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Tata Metaliks' Sandeep Kumar On Merger Timeline With Tata Steel Long Products | CNBC-TV18

“SSWL has signed an agreement with Tata Steel Long Products for rolling of round bars of various grades for a period of 3 years. These products will target automotive customers in India,” it said.

SSWL inks pact with Tata Steel Long Products to supply round bars

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

Returns 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 return on equity 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 standalone net profit declines 65.87% in the December 2021 quarter

Stocks that will see action today (January 17)

Ultratech Cement, HFCL, Sonata Software, Tata Steel Long Products among key earnings to watch today

Stocks to Watch: HDFC Bank, HCL Tech, Maruti, Oil India

Ind-Ra upgrades Tata Steel Long Products long-term issuer rating to AA+

India Ratings upgrades Tata Steel Long Products to ‘IND AA+’

Tata Steel Long Products receives upgrade in long term issuer rating

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

Returns vs FD ratesFixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's return on equity 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 standalone net profit declines 65.87% in the December 2021 quarter

Stocks that will see action today (January 17)

Ultratech Cement, HFCL, Sonata Software, Tata Steel Long Products among key earnings to watch today

Stocks to Watch: HDFC Bank, HCL Tech, Maruti, Oil India

Ind-Ra upgrades Tata Steel Long Products long-term issuer rating to AA+

India Ratings upgrades Tata Steel Long Products to ‘IND AA+’

Tata Steel Long Products receives upgrade in long term issuer rating

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

Returns 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 return on equity 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