Tata Motors: A Tesla Capex
Executive summary We initiate our coverage on Tata Motors Ltd (TTMT IN) (“TM”) with a NEUTRAL recommendation on all TMIN complex on the...
622 Views
TATA Steel Could Retake Capacity Crown as 20% of Indian Steel Capacity up for Grabs
The Reserve Bank of India published a list of companies that has a collective outstanding debt value of around INR2,000bn during 2017. This list...
530 Views
Tata Steel: Lingering "Debt" Weight.
Executive summary Tata Steel Ltd (TATA IN) (“TSL”)’s FY18 revenue improved on rising production volume in Indian operations which accounted for...
560 Views
JSW Steel: Upward Capex Revision Does Not Matter
Executive summaryJSW Steel Ltd (JSTL IN) (JSW) reported strong revenue during 4Q’FY18 (ended in March) with an improving EBITDA margin on rising...
229 Views
JSW Steel Earnings Release FY03/18 – Three All-Time Highs in a Row
JSW Steel released its earnings for FY03/18 and 4QFY03/18 on 16 May beating both our forecasts and consensus estimates in terms of revenue and net...
130 Views