Brief: Tata Metaliks Sept-Qtr Profit Falls

Tata Metaliks

17/10/2022 14:26

Oct 17 (Reuters) - Tata Metaliks Ltd  TMET.NS :
    * TATA METALIKS LTD  SEPT-QTR PROFIT 142.9 MLN RUPEES VS
548.2 MLN
RUPEES YR AGO
    * TATA METALIKS LTD - NEW DI PIPE PLANT HAS BEEN RAMPING UP
WELL
AND HIGHER VOLUMES ARE EXPECTED TO COME FROM IT IN Q3
    * TATA METALIKS LTD - PIG IRON MARKET DEMAND IS EXPECTED TO
CONTINUE TO BE UNDER PRESSURE DUE TO OVERSUPPLY IN DOMESTIC
MARKET
    * TATA METALIKS LTD - DEMAND OUTLOOK FOR DI PIPES FOR H2 IS
ROBUST

Source text for Eikon:  ID:nBSE2G4j7K 
Further company coverage:  TMET.NS 
 ((Reuters.Briefs@thomsonreuters.com;))