Our Indian business showed broad-based growth across our chosen segments due to our sustained focus on customer relationships, our distribution network and our portfolio of brands supported by our agile business model," the release quoted T V Narendran, MD & CEO, Tata Steel. "Tata Steel has again demonstrated its ability to deliver stellar results despite heightened complexity in the face of COVID as well as geopolitical tensions. The board of directors of the company recommended a dividend of Rs 51 per fully paid equity share and Rs 12.75 per partly paid equity share apart from a 10:1 stock split. Going forward, the Tata Steel board will consider the. The board will consider a proposal to split its equity shares bearing a face value of Rs 10 apiece, the company stated in an exchange filing. The revenues of the Europe operation increased by 54 per cent annually to £8,876 million, as per the release. Tata Steel Stock Split: Tata Steel Ltd (TSL) in its forthcoming board meeting of the company on May 3 will consider the sub-division of equity shares. The board of directors of the company recommended a dividend of Rs 51 per fully paid. The deliveries for FY22 were also at a record 18.27 million tons despite COVID related disruption early in the financial year. The revenues of the Europe operation increased by 54 per cent annually to £8,876 million, as per the release.
In terms of the India business, the company achieved its highest-ever annual crude steel production of 19.06 million tons, with a growth of 13 per cent year-on-year. Meanwhile, the 6 MTPA Pellet plant at Kalinganagar will be commissioned in the third quarter of FY23 followed by the Cold Roll Mill complex and the 5 MTPA expansion, stated the release. Therefore, Fusion Media doesn’t bear any responsibility for any trading losses you might incur as a result of using this data.Gross debt stood at Rs 75,561 crore with net repayments of Rs 15,232 crore and the net debt declined to Rs 51,049 crore. All CFDs (stocks, indexes, futures) and Forex and cryptocurrency prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. Share Market Live: Sensex falls 50 pts, Nifty trading flat Tata Steel, TCS top losers. Click now to get real time price along with research reports, historical charts. Before deciding to trade foreign exchange or any other financial instrument or cryptocurrencies you should carefully consider your investment objectives, level of experience, and risk appetite. TATASTEEL (Tata Steel) is down by 0.98 & is trading at 106.55 today. Cryptocurrencies are not suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading or investing in cryptocurrencies carries with its potential risks. Shrs 461.20 TATAMOTORS1.45 Steel Authority of India. Currency trading on margin involves high risk and is not suitable for all investors. Tata Consultancy Services Limited 3,301.15 TCS1.59 Jindal Steel & Power Limited 391.90 JINDALSTEL2.28 Tata Motors Limited Fully Paid Ord.
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