Tata Steel Ltd | Fundamental Analysis | 2022 | CA Rachana Ranade

"their chairman N. Chandrasekaran said that they are wanting to double up its production of Tata Steel in the coming decade, now for that you can again come back to this chart and you can see that they are increasing their capacity in the Flat section of Steel and Longs of Steel by 10,10 MTPA and that is where they are planning to take their capacity to 40 MTPA by 2030."

"if their profit currently stands at 40,000 crore Rupees at only 20 MTPA, if their production is going to scale up to 40 MTP of course as a production capacity but if they are able to utilize that you can imagine what levels of profitability can we see in the coming few years"

"At some point in time all these problems will be solved and at some point in time Governments will have to focus on the recovery path because the moment we are talking about curbing inflation we are going to sacrifice the economy growth and this might in turn lead to recession, once Government has to fight recession they will have to do something which is known as Quantitative Easing and once Quantitative Easing comes into play there are two major areas, two major sector us which see a lot of limelight the very first one being Commodity Space and the second one to be more specific it will be Metal Space"

"China right now is saying that because of Environmental Concerns, we might not be in a position to produce a lot. Here you can very clearly see that the title itself says China wants to curb steel production and you can very clearly see that the Chinese steel maker Hesteel, they have said that they have no choice but to pay more attention to decrease production in line with the government policy Now comes a very important point The Global Manufacturer The Hub China is saying that we are now left with no choice but to curb the production of Steel."

"Now we have to understand which country is now being looked at as a China plus one!! Answer is obviously it is India"