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 6 per cent today after the firm reported a 82 per cent fall in its net profit for the quarter ended March 2022. The large cap stock opened 3.86 per cent lower at Rs 768.60 against the previous close of Rs 799.45 on BSE. Tata Steel Long Products further sl…

Tata Steel Long Products stock slips 6 per cent on weak Q4 earnings

Tata Steel Long Products Ltd, Paushak Ltd, Persistent Systems Ltd and India Glycols Ltd are among the other losers in the BSE’s ‘A’ group today, 20 April 2022.

Larsen & Toubro Infotech Ltd leads losers in ‘A’ group

Following the announcement of results, shares of Tata Steel Long Products tumbled 6 per cent to Rs 753, before trading at Rs 758.35 at 10.25 am. The scrip had settled at Rs 799.45 on Tuesday.

Tata Steel Long Products tanks 6% after flop show in Q4

Tata Steel Long Products tumbled 4.59% to Rs 762.75 after the company reported 82.5% drop in net profit to Rs 59.62 crore in Q4 FY22 from Rs 339.85 crore in Q4 FY21.

Tata Steel Long slumps after dismal Q4 performance

Tata Steel Long Products standalone net profit declines 82.46% in the March 2022 quarter

It reported crude steel production of 684 thousand tons in FY22 as against 648 tonnes in FY21.

Tata Steel Long Products logs 6% yoy growth in crude oil production in FY22; stock adds ~1.5%

Shares of Tata Steel rose over 2 per cent in early trade today after the government signed share purchase agreement with Tata Steel Long Products for selling Neelachal Ispat Nigam Ltd (NINL) for Rs 12,100 crore. Tata Steel stock touched an intraday high of Rs 1,339, rising 2.39 per cent on the BSE.…

Tata Steel stock rises 2% after subsidiary inks pact to buy NINL

The plant located in Odisha will be handed over to the Tata Group company in the next and final step of the strategic disinvestment process.

Govt signs SPA to sell NINL to Tata Steel Long Products for ₹12,100 crore

In January, the government approved the sale of loss-making NINL to Tata Steel Long Products Ltd (TSLPL) for Rs 12,100 crore.

MMTC executes share-purchase pact to sell stake in NINL to Tata Steel arm

On January 31 - the eve of the Union Budget - Tata Steel Long Products, a subsidiary of Tata Steel, was declared the winning bidder for a 93.71 per cent stake in Neelachal Ispat Nigam Limited

How Tata Steel’s bid for ailing NINL fits in with the major’s strategy

Tata Steel Long Products to raise up to ₹13,000 cr.

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 slips 6 per cent on weak Q4 earnings

Larsen & Toubro Infotech Ltd leads losers in ‘A’ group

Tata Steel Long Products tanks 6% after flop show in Q4

Tata Steel Long slumps after dismal Q4 performance

Tata Steel Long Products standalone net profit declines 82.46% in the March 2022 quarter

Tata Steel Long Products logs 6% yoy growth in crude oil production in FY22; stock adds ~1.5%

Tata Steel stock rises 2% after subsidiary inks pact to buy NINL

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 slips 6 per cent on weak Q4 earnings

Larsen & Toubro Infotech Ltd leads losers in ‘A’ group

Tata Steel Long Products tanks 6% after flop show in Q4

Tata Steel Long slumps after dismal Q4 performance

Tata Steel Long Products standalone net profit declines 82.46% in the March 2022 quarter

Tata Steel Long Products logs 6% yoy growth in crude oil production in FY22; stock adds ~1.5%

Tata Steel stock rises 2% after subsidiary inks pact to buy NINL

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