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Q.

Is Tata Steel in a big debt trap due to Cores Steel acquisition? Your views?

Tags: money, tata, big debt
Asked by Good Citizen, 06 Mar '13 12:15 pm
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Answers (6)

 
1.

It has been so since their acquisition of Corus which is not yet a profit yielding one. It would take time for them to revive the company but going by their past record & management outlook it seems not be a far fetched one. They are a group with a long term vision which is why they are relied upon!!
Answered by dharamender nebhnani, 06 Mar '13 03:54 pm

 
  
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2.

Looks like due to recession still lingering world over
Answered by Quest, 06 Mar '13 01:16 pm

 
  
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3.

This is a temorary phase.
Answered by samiran panda, 06 Mar '13 12:30 pm

 
  
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4.

Yes They are loosing quarter after quarter-So my guess is 300 is the price one may think of entering it-Real bad shape it is in financially Europe has many an issues for this enitity
Answered by RANGBARSE, 06 Mar '13 12:23 pm

 
  
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5.

When the market revives, on of the first few which starts reaping fruit us steel industry that to with premium co. like tata steel, SAIL, etc. so to cross fingers and wait for it.
Answered by MAdhavan Avadhany, 06 Mar '13 12:18 pm

 
  
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6.

Yes sir
Answered by wenz, 06 Mar '13 12:16 pm

 
  
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