May 19, 2022 04:01 PM
|Jul 22, 2021||Dividend||50|
Tata Steel Long Products Ltd is in the Steel sector and is having a market capitalization worth Rs. 4,094.85 crores, it is incorporated in the year 1935. It has reported consolidated sales of Rs. 1,687.64 crores in June’2021. The company is listed on the Bombay Stock Exchange (BSE) with the code 513010, and also listed on the National Stock Exchange (NSE) with the code TATASTLLP.
The company is within the business of manufacturing high steel, primarily for the auto sector and wire rope industry. It has found out the first steel plant in India to use Hot Metal in Electric Arc Furnace, at Jamshedpur. Tata Steel has a workforce of 7,729 employees and the company has invested approximately 1.87 crores in their training & development. It has incurred an expenditure of Rs. 88.18 lakhs to meet its CSR requirements. These funds were utilized on 13 different CSR programs focusing on education, health & sanitation, livelihood enhancement, etc. The promoters of the company own 74.91% of the stake, Foreign Institutional Investors (FII) own 0.51%, Domestic Institutional Investors (DII) own 6.16% stake in the company, and others (such as public & retail investors) hold the balance of 18.42%.
In June 2021, quarterly net revenue was Rs. 1,687.64 crores, which has increased by approximately 158.40 % from Rs. 653.1 crores for the April-June 2020 quarter. The quarterly net profit in June 2021 was Rs. 331.6 crores, which has improved sharply and increased by nearly 352.51% from a net loss of Rs. 131.32 crores in June 2020. In June 2021, the reported operating profit was at Rs. 1,341.05 crores, which is also increased by 196.14% as compared to an operating profit of Rs. 452.85 crores for the quarter ending in June 2020. From a negative EPS of Rs. 29.12 in June 2020, the EPS of Tata Steel Long Products Ltd has risen to an EPS of Rs. 73.53 per share in June 2021. TATASTLLP's stock closed at Rs. 907.95 on 27th August’2021 (NSE). Tata Steel Long Products Ltd has returned 32.02% in the last six months and returned 185.21% positively in the previous year.
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|AGM Date (Month)||:||Aug|
|Face Value Equity Shares||:||10|
|Market Lot Equity Shares||:||1|
|Book Closure Date (Month)||:||Jul/Aug|