Tata Steel is planning to invest 400 million pounds in its European unit in the current financial year in order to fulfill demand in the European continent. With this investment, company aims to improve performance of the operations in Europe and in areas which can provide quick returns. The company will partly fund this investment from internal resources.
The company has reported a fall of 38.88% in its net profit at Rs 1356.56 crore for first quarter ended June 30, 2012 as compared to a net profit of Rs 2219.43 crore for the same quarter in the previous year. However, the total income from operation of the company has increased by 11.62% at Rs 9059.92 crore for Q1FY13 as compared Rs 8116.61 crore for the corresponding quarter previous year.
| Company Name | CMP |
|---|---|
| Tata Steel | 213.05 |
| JSW Steel | 1265.35 |
| SAIL | 176.25 |
| Jindal Stainless | 785.60 |
| APL Apollo Tubes | 2119.15 |
| View more.. | |
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: