TATA STEEL (BOM: 500470) Shares
ABOUT TATA STEEL
Tata Steel Limited (BOM: 500470) is a Kolkata-based multinational steel-making company, which is a subsidiary of the Tata Group. The company has a history dating back to 1907, when it was first established as Tata Iron and Steel Company.
The company began to grow rapidly with the increase in the demand for steel during the First World War, operating the largest steel plant in the British Empire by 1939.
In 2005 the company changed its name to Tata Steel Limited and began to grow its portfolio through a series of strategic acquisitions. In the same year the company acquired a majority stake in the Thailand-based steelmaker Millennium Steel, followed by the acquisition of Anglo-Dutch company, Corus, in 2007, as well as two rolling mill companies in Vietnam.
OVERVIEW OF TATA STEEL
Today, Tata Steel Limited operates in 26 countries and has a commercial presence in over 50 countries with employees across five continents.
The company is the world’s second-most geographically diversified steel producer, and one of the few steel operations that are fully integrated, from mining to the manufacturing and marketing of finished products. Tata Steel Limited differentiates itself as the lowest-cost steel producer in Asia primarily through the operation of captive mines that enable it to maintain cost-competitiveness and production efficiencies through an uninterrupted supply of raw material.
- As such, Tata Steel Limited’s annual crude steel capacity across Indian operations is nearly 13 MnTPA. The company is the second largest steel producer in Europe, with facilities across the continent which produce a variety of special steels, ultra-pure re-melted steels and various rolling and coating lines.
The company is also concentrating its operations in South East Asia in order to grow its value-added products and services portfolio, while strengthening its key steel operations in Singapore, Thailand and China.
VISION & VALUES OF TATA STEEL
Tata Steel Limited integrates sustainability as a core corporate value. The company’s manufacturing and mining operations have implemented environmental management systems, and the company remains committed to the design of more sustainable products that contribute to solutions, which are lighter, last longer and use fewer resources to produce.
The company also partners with governments and independent organizations worldwide to work towards improving the overall health and hygiene of the communities amongst which it operates.
- As such, balancing economic prosperity, environmental responsibility and social benefits for the community are the rules by which Tata Steel Limited operates.
MARKET PERFORMANCE OF TATA STEEL
Tata Steel Limited trades on the Bombay Stock Exchange (BSE), where investors can buy shares under the stock symbol BOM: 500470.
Data from the company’s 2019 financial analysis shows that the company registered its highest ever EBITDA of Rs 29 770 Crores. Turnover was Rs 1 57 669 Crores, while Profit after Tax was Rs 9 098 Crores.
Tata Steel Limited’s strong performance has allowed investors to buy or sell shares with confidence, providing sound dividends and a solid buy-in for those who choose to purchase shares in 2022 and in the future.
LATEST NEWS TATA STEEL
Buy TATA STEEL stocks / shares – A Step by Step Guide how to Buy / Purchase TATA STEEL Stocks or Shares online.
Before buying any stock or share one has to consider a few factors.
STEP 1: PROPER RESEARCH IS ESSENTIAL
Upon deciding you want to buy TATA STEEL Stocks / Shares, it is critical for the serious investor to do proper research into the said company. Its values should align with those of the investor’s current portfolio. An investor needs to familiarise himself with the basics and history of the company, as well as its leadership and performance in the market. Its company reports should also be scrutinized.
Consultation with a brokerage firm can also assist in determining whether investing in a specific company will complement the investor’s current portfolio. The investment “risk ladder”, which identifies asset classes based on their relative riskiness, is another useful tool when determining which company’s stock / share is the best to buy.
STEP 2: CALCULATE THE AMOUNT OF INVESTMENT IN TATA STEEL STOCKS / SHARES
It is important for an investor to monitor his total investment in stock in order to keep his portfolio aligned to his investment strategy. The overall value of his holdings will change with the fluctuation in stock prices, which can throw his portfolio off balance. To determine the amount to invest, multiply the number of shares of each stock by its current market price to determine the total investment in that specific stock. For example, if you own 100 shares of a US Dollar 5 stock, multiply 100 by US Dollar 5 to get US Dollar 500.
STEP 3: DECIDE ON THE STOCK / SHARE ORDER TYPE
Investors can choose from a market order, a limit order, a stop order (also referred to as a stop-loss order) or a buy/sell stop order. It is important to familiarise yourself with each type’s pros and cons before deciding which one will suit your current stock profile best. An investor should be guided in this choice by his investment objective.
STEP 4: OPEN A BROKERAGE ACCOUNT
A brokerage account – also known as taxable investment account – is similar to a retirement account, but more flexible. Where a retirement account has limitations on the amount of money that can be contributed annually, and restrictions on when funds can be withdrawn, a brokerage account is more flexible. The latter has no income or contribution limit and the investor can withdraw his money at any given time. This flexibility, together with its potential investment gains, makes a brokerage account more attractive to serious investors. Brokerage accounts are ideal for goals or savings that are further than five years away, but closer than retirement. It can also supplement an investor’s emergency savings.
STEP 5: COMMIT AND PURCHASE TATA STEEL STOCKS / SHARES
Lastly, commit to the stock. Pro Tip: Monitor the value of your stock to ensure you have a growing stock value and dividend pay-out. Regularly check the share price online to ensure your investment delivers a positive return on investment. You are now a proud owner of TATA STEEL stocks / shares.
5 Questions to ask yourself before purchasing any stocks or shares.
- Is it the best time to buy this stock / share?
- Should I buy TATA STEEL stocks / shares in the current economic climate?
- Can I afford to buy this stock / share?
- What is the forecast of the stock / share growth?
- What is the current price per earning ration on the stock / share?