Mishap at Tata Steel’s Meramandali plant; 19 injured
Tata Steel says accident might have happened due to “escape of steam”; launches internal investigation
Tata Steel says accident might have happened due to “escape of steam”; launches internal investigation
The dim outlook comes after Tata Steel assessed the potential impact of the economic downturn in Europe.
Tata Steel Europe's EBITDA per tonne of steel has shot up nearly four times to ₹18,135 in January-March quarter of 2022.
Shares of Tata Steel rose nearly 3% in opening deals after its board proposed a 10-for-1 split of the steel major’s equity stocks.
Shares of Tata Steel gained 3% in early deals on Monday after the steelmaker unveiled a plan to sub-divide its equity shares on May 3, 2022.