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Tata Steel - Best of picks
| From : Anand Joshi at 10:32 AM - Jun 21, 2009 ( ) |
Share it on FacebookLine of Business:
The Group's principal activities are to manufacture and distribution of steel, welded steel tubes, cold rolled strips, bearings and other related products and services. The Group has operations in India and outside India. The Group operates through two segments: Steel and Others. It also provides Tubes, Bearings, Refractories, Pigments, Port operations, Municipal services and investment activities.
Future plans:
With 48,000 employees, an asset base of US$2.3 billion, and annual turnover of US$1.5 billion, the steel manufacturer sells long and flat steel products to over 5,000 customers around the world Tata steel is stepping forward with Intellectual + Technology as its main assets.
On Charts:
Tata steel currently moving in the range of 260-300 and is currently hovering at 260-272. Next level of target would be 350 to 400 in next 4-5 weeks time where it's 2 year 50DMA line is passing through.
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HEY MAN TATA STEEL IS ALREADY ABOVE UR TGT PRICE. WHAT R U PREDICTING. KINDLY AVOID COPY ND PASTE , USE UR OWN MIND ND SENSE BEFORE GIVING ANY PASTE. IT MAY HOLD GOOD FOR RCOM, I THINK
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