Tata Steel Long Products Limited manufactures and sells steel and allied products in India. It provides sponge iron, steel, and wire rod products. The company also offers a range of steel products, including forgings, bearings, fasteners, and free-cutting products for various industries, such as automotive, construction and infrastructure, general engineering, railways, and agriculture projects. In addition, the company is involved in the generation of power from waste heat and thermal coal. Further, it exports its products. The company was formerly known as Tata Sponge Iron Limited and changed its name to Tata Steel Long Products Limited in August 2019. Tata Steel Long Products Limited was incorporated in 1982 and is based in Kolkata, India. Tata Steel Long Products Limited operates as a subsidiary of Tata Steel Limited.
Research context
Tata Steel Long Products Limited appears in PyInvesting’s India Stock catalogue. The price history above describes this recorded instrument; it does not by itself identify a company’s business or establish a continuous investment return.
- Currency
- INR
- Sector
- Basic Materials
- Industry
- Steel
These are the latest stored catalogue classifications, not a historical classification snapshot. An issuer description, classification effective date or currency may be unavailable. Check the issuer’s own disclosures and the observation dates before using these fields for research.
Review backtest assumptions and evidence before treating a chart or stored history as a research result.
5 years, 6 months ago
Tata Steel Long Products Limited is currently in a long term uptrend where the price is trading 43.4% above its 200 day moving average.
From a valuation standpoint, the stock is 100.0% cheaper than other stocks from the Basic Materials sector with a price to sales ratio of 0.8.
Tata Steel Long Products Limited's total revenue rose by 36.5% to $14B since the same quarter in the previous year.
Its net income has increased by 371.3% to $3B since the same quarter in the previous year.
Finally, its free cash flow grew by 192.0% to $7B since the same quarter in the previous year.
Based on the above factors, Tata Steel Long Products Limited gets an overall score of 5/5.