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4-Traders Homepage  >  Equities  >  NATIONAL STOCK EXCHANGE OF INDIA  >  Tata Steel Limited    TATASTEEL   INE081A01012

TATA STEEL LIMITED (TATASTEEL)

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Tata Steel : inaugurates Asset Monitoring & Diagnostic Centre

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02/22/2017 | 02:56pm CET

Tata Steel today inaugurated the 'Asset Monitoring and Diagnostic Centre' at MED Mechanical Department, Tata Steel. Mr TV Narendran, MD, Tata Steel, India & SEA graced the occasion as the Chief Guest. The centre showcases the Data Analytics Capability to analyse high speed data recorded in the plant. The system was developed with active participation from other departments like Automation, Electrical, & Technology group

On this occasion Mr Narendran also launched the mobility and web based solutions to reduce mean time to repair and detect structural failures. He appreciated the work being done in multiple areas using technology and digitisation to solve every day and long term problems. He also praised the work done on structural integrity being very educative and enriching. He advised to continue this journey with greater vigour. This was followed by celebrations on achieving the best ever repair and rejoint figures in Rubber Technology in the month of January '2017

On the occasion B K Das, VP, Iron Making, Tata Steel also appreciated the work done and was confident that the condition monitoring is now moving towards being the best in industry.

Mr Suresh Kumar, VP, Shared Services, Tata Steel, Mr Probal Ghosh, Chief, Mechanical, Mr A Ranjan , Chief, Electrical, Mr Uttam Singh, Chief, Blast Furnace & Mr Prakhar Mishra, Chief, Coke also appreciated the work done so far and wished the department well for its future endeavours

Tata Steel Ltd. published this content on 22 February 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 22 February 2017 13:56:00 UTC.

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Financials ( INR)
Sales 2017 1 145 939 M
EBIT 2017 130 591 M
Net income 2017 9 750 M
Debt 2017 776 755 M
Yield 2017 1,65%
P/E ratio 2017 29,43
P/E ratio 2018 10,91
EV / Sales 2017 1,09x
EV / Sales 2018 0,99x
Capitalization 476 818 M
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Mean consensus HOLD
Number of Analysts 29
Average target price 466  INR
Spread / Average Target -5,0%
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Managers
NameTitle
Natarajan Chandrasekaran Chairman
Koushik Chatterjee Chief Financial Officer & Executive Director
Ishaat Hussain Non-Independent Non-Executive Director
Subodh Kumar Bhargava Independent Non-Executive Director
Thachat Viswanath Narendran Executive Director & MD-India and South East Asia
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