Tata Steel saw strong revenue growth in the June quarter, driven by higher realisations. However, global steel prices are softening, and coking coal costs are rising. The company expects domestic realisations to decrease in the September quarter. Tata Steel is increasing its focus on value-added products and expanding its NINL facility. This strategic shift aims to strengthen its position in high-margin segments.
Dividends and stock splits: IRCTC, BEML among 150+ stocks with record dates this week. Check full list
More than 150 companies have fixed record dates for dividends and stock splits between September 21 and September 25. IRCTC, BEML, Hindustan Copper, Cochin Shipyard