Tata Steel BSL Ltd., incorporated in the year 1983, is a Mid Cap company (having a market cap of Rs 10,781.32 Crore) operating in Metals – Ferrous sector.
Tata Steel BSL Ltd. key Products/Revenue Segments include HR/CR Coils/Sheets/Strips, Other Operating Revenue and Export Incentives for the year ending 31-Mar-2021.
Financials
For the quarter ended 30-06-2021, the company reported a Consolidated Total Income of Rs 7,884.46 Crore, up 7.29 % from last quarter Total Income of Rs 7,348.66 Crore and up 190.92 % from last year same quarter Total Income of Rs 2,710.17 Crore. Company reported net profit after tax of Rs 2,478.00 Crore in latest quarter.
Investment Rationale
After multi-month sideways consolidation, the stock has regained positive traction. Sustenance above Rs 98 could lift the stock to revisit levels of Rs 106.
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