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MarketScreener Homepage  >  Equities  >  MUMBAI STOCK EXCHANGE  >  Tata Steel Limited    500470   INE081A01012

TATA STEEL LIMITED

(500470)
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Tata Steel : wins two awards at worldsteel's Steelie Award 2020

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10/17/2020 | 10:35am EDT

Mumbai, October 17, 2020

~ The Company receives the prestigious recognition for 'Excellence in Digital Communications' and 'Excellence in Education and Training' ~

Tata Steel Limited has been recognised for 'Excellence in Digital Communications' - second time in a row, and 'Excellence in Education and Training' by the World Steel Association in its 11th Annual Steelie Awards. The awards were announced on October 14, 2020, on the virtual platform owing to the Covid-19 pandemic.

In the 'Excellence in Digital Communications' category, the nominations are evaluated in areas including website; presence, activity and performance on social media; range and quality of digital/interactive media posts; best practice leadership and more. Tata Steel Limited has been awarded the 'Excellence in Digital Communications' for showcasing an enormous range of activities on a wide variety of platforms that encompasses product marketing, corporate social responsibility, and especially the indispensability of steel to modern society.

Tata Steel received the 'Excellence in Education and Training' for Digie-Shala, an intrapreneurial venture for educating students and imparting skills & knowledge to working professionals.

Launched in 2010, the worldsteel Steelie Awards recognise member companies for their contribution to the steel industry over a one-year period in a series of categories impacting the steel industry.

About World Steel Association (worldsteel)

The World Steel Association (worldsteel) is a non-profit organisation with headquarters in Brussels, Belgium. worldsteel is one of the largest and most dynamic industry associations in the world, with members in every major steel-producing country. worldsteel represents steel producers, national and regional steel industry associations, and steel research institutes. Members represent around 85% of global steel production.

It was founded as the International Iron and Steel Institute on 10 July 1967. It changed its name to the World Steel Association on 6 October 2008. The association celebrated its 50th year anniversary in 2017.

About Tata Steel

Tata Steel group is among the top global steel companies with an annual crude steel capacity of 34 million tonnes per annum. It is one of the world's most geographically-diversified steel producers, with operations and commercial presence across the world. The group (excluding SEA operations) recorded a consolidated turnover of US $19.7 billion in the financial year ending March 31, 2020.

A Great Place to Work-CertifiedTM organisation, Tata Steel Ltd., together with its subsidiaries, associates and joint ventures, is spread across five continents with an employee base of over 65,000.

Tata Steel was recognised as DJSI steel sector leader in 2018 and has ranked fourth in the steel sector in 2019. Besides being a member of the worldsteel's Climate Action Programme, Tata Steel has won several awards and recognitions including the World Economic Forum's Global Lighthouse recognition for its Kalinganagar Plant - a first in India, and Prime Minister's Trophy for the best performing integrated steel plant for 2016-17. The Company, ranked as India's most valuable Metals & Mining brand by Brand Finance, received the 'Honourable Mention' at the National CSR Awards 2019, Steel Sustainability Champion 2019 by worldsteel, CII Greenco Star Performer Award 2019, 'Most Ethical Company' award 2020 from Ethisphere Institute, and Best Risk Management Framework & Systems Award (2020) by CNBC TV-18, among several others.

To know more, visit www.tatasteel.comand www.wealsomaketomorrow.com.

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Disclaimer:

Statements in this press release describing the Company's performance may be 'forward looking statements' within the meaning of applicable securities laws and regulations. Actual results may differ materially from those directly or indirectly expressed, inferred or implied. Important factors that could make a difference to the Company's operations include, among others, economic conditions affecting demand/ supply and price conditions in the domestic and overseas markets in which the Company operates, changes in or due to the environment, Government regulations, laws, statutes, judicial pronouncements and/ or other incidental factors.

Kulvin Suri

Chief, Corporate Communications-India & SEA

Tata Steel

E-mail: kulvinsuri@tatasteel.com

Disclaimer

Tata Steel Ltd. published this content on 17 October 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 17 October 2020 14:34:02 UTC


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Sales 2021 1 321 B 17 953 M 17 953 M
Net income 2021 243 M 3,30 M 3,30 M
Net Debt 2021 1 037 B 14 085 M 14 085 M
P/E ratio 2021 -161x
Yield 2021 2,42%
Capitalization 446 B 6 072 M 6 064 M
EV / Sales 2021 1,12x
EV / Sales 2022 0,95x
Nbr of Employees 70 212
Free-Float 62,4%
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Last Close Price 392,00 INR
Spread / Highest target 48,0%
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NameTitle
Thachat Viswanath Narendran Chief Executive Officer, Executive Director & MD
Natarajan Chandrasekaran Chairman
Sahabji Kuchroo Chief Operations Officer-West Bokaro
Koushik Chatterjee Chief Financial Officer & Executive Director
Jayanta Banerjee Chief Information Officer
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