The seven companies that will be merged into Tata Steel are Tata Steel Long Products Limited, The Tinplate Company of India Limited, Tata Metaliks Limited, TRF Limited, The Indian Steel & Wire Products Limited, Tata Steel Mining Limited, S & T Mining Company Limited.
Final reply-
Sold off all my position at ~300. If steel stocks are up, this is up. I don’t want commodities in my portfolio. As I’m TimidInvestor, I’m exiting even before the quarterly results are out.
Shifting capital to RHIM(Better steel consumption story)/Usha Martin(Possible turnaround and proxy to capex)