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Tata Steel Long Products Ltd Q1FY22 consolidated PAT at Rs 331 61 crores
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Tata Steel recasts four utilities and infrastructure services unit
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Astec Lifesciences Ltd, Aptech Ltd, Tata Steel Long Products Ltd and MSTC Ltd are among the other losers in the BSE s A group today, 27 January 2021.
Astec Lifesciences Ltd, Aptech Ltd, Tata Steel Long Products Ltd and MSTC Ltd are among the other losers in the BSE s A group today, 27 January 2021.
Chennai Petroleum Corporation Ltd lost 18.79% to Rs 97 at 14:48 IST.The stock was the biggest loser in the BSE s A group.On the BSE, 3.29 lakh shares were traded on the counter so far as against the average daily volumes of 1.09 lakh shares in the past one month.
Astec Lifesciences Ltd tumbled 12.13% to Rs 1052.6. The stock was the second biggest loser in A group.On the BSE, 17310 shares were traded on the counter so far as against the average daily volumes of 6017 shares in the past one month.
Search Tata Steel transfers stake in two joint ventures to a wholly owned subsidiary Move aimed to simplify the group corporate structure
Tata Steel has transferred its stake in two joint ventures to a wholly owned subsidiary in an attempt to simplify the group corporate structure.
Listed entity Tata Steel held 51 per cent in Jamshedpur Continuous Annealing and Processing Company Private Ltd (JCAPCPL) and 50 per cent in Tata BlueScope Steel Private Ltd (TBSPL). These shares are now transferred to the books of Tata Steel Downstream Products Ltd (TSDPL), a wholly owned subsidiary of Tata Steel.
The transactions were carried out on a non-cash basis; TSDPL issued shares to Tata Steel as consideration for acquiring the stakes. While Nippon Steel of Japan is the other shareholder in JCAPCPL, BlueScope Steel of Australia is the partner in TBSPL.