As on 6th Apr 2022 TINPLATE Share Price closed @ 425.10 and we RECOMMEND Strong Buy for LONG-TERM with Stoploss of 283.70 & Strong Buy for SHORT-TERM with Stoploss of 364.30 we also expect STOCK to react on Following IMPORTANT LEVELS.
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Is tinplate a good buy?
As on 6th Apr 2022 TINPLATE Share Price closed @ 425.10 and we RECOMMEND Strong Buy for LONG-TERM with Stoploss of 283.70 & Strong Buy for SHORT-TERM with Stoploss of 364.30 we also expect STOCK to react on Following IMPORTANT LEVELS.
Who is tinplate promoter?
The Shareholding Pattern page of Tinplate Company of India Ltd. presents the Promoter’s holding, FII’s holding, DII’s Holding, and Share holding by general public etc….PREMARKET.
| Shareholding Pattern – Tinplate Company of India Ltd. | ||
|---|---|---|
| NoOfShares | 104667638 | 100% |
| Promoters | 78457640 | 74.96% |
| ForeignInstitutions | 2779552 | 2.66% |
What is the target of tinplate?
Tomorrow’s movement Prediction of The Tinplate Company Of India Limited TINPLATE as on 06 Apr 2022 appears strongly Bullish. This stock started moving upwards as soon as it opened….Munafa value: 65 as on 06 Wed Apr 2022.
| Upside target | 449.7 |
|---|---|
| Downside target | 406.1 |
| Downside target | 400.7 |
Is tinplate Tata Group company?
KOLKATA: Tata Group owned Tinplate Company of India (TCIL) has said it will focus on the domestic market. “There are long-term commitments in India which we cannot ignore. We will focus on the domestic market,” Tinplate Managing Director Tarun Daga said today on the sidelines of the company’s annual general meeting.
What is tinplate used for?
Tinplate is used for making all types of containers such as food cans, beverage cans, 18-liter cans, and artistic cans. Its applications are not limited to containers; recently, tinplate has also been used for making electrical machinery parts and many other products.
What does tinplate company do?
Tata Tinplate, listed as The Tinplate Company of India Limited (TCIL), is a subsidiary of Tata Steel Ltd. Founded in 1920, TCIL is India’s oldest and current largest tinplate manufacturer. TCIL has a 70% market share in India and exports a fourth of its products outside India.
What is tinplate made from?
tinplate, thin steel sheet with a coating of tin applied either by dipping in molten metal or by electrolytic deposition; almost all tinplate is now produced by the latter process. Tinplate made by this process is essentially a sandwich in which the central core is strip steel.
When was tinplate invented?
The first production of tinplate was probably in Bohemia, from where the trade spread to Saxony, and was well-established there by the 1660s. Andrew Yarranton and Ambrose Crowley (a Stourbridge blacksmith and father of the more famous Sir Ambrose) visited Dresden in 1667 and found out how it was made.
How is tinplate manufactured?
Tinplate is made by rolling the steel (or formerly iron) in a rolling mill, removing any mill scale by pickling it in acid and then coating it with a thin layer of tin. Plates were once produced individually (or in small groups) in what became known as a pack mill.
What type of steel is used in tinplate?
Low carbon steel
Low carbon steel with carbon well below 0.1 % is normally used for tinplate production. Tin coating is applied either by hot dipping or electrolytic coating process. Both processes produce coatings which have characteristics of their own.
Where is tinplate used?
Where is tinplate from?
How much is the dividend yield of Tinplate Company of India?
For the year ending March 2019 Tinplate Company of India has declared an equity dividend of 20.00% amounting to Rs 2 per share. At the current share price of Rs 146.35 this results in a dividend yield of 1.37%.
Which company is the largest producer of tin plate in India?
Net Sales (Rs.) Tinplate Company Of India Ltd is the largest indigenous producer of tin coated and tin free steel sheets in India.TCIL is the only indigenous manufacturer of value-added Tinplate and TFS for processed food, battery, dairy product, beverage and soft drink crown caps in both single reduced and double reduced forms.
When is the meeting of the Board of directors of tinplate?
TINPLATE COMPANY OF INDIA LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 14/01/2022 ,inter a…. (Rs. Cr) (Rs. Cr) Net Profit (Rs.) Net Sales (Rs.)
What are the products of electrolytic tinplate?
The product range of the company includes Electrolytic Tinplate (ETP) Line- Single Reduced Tinplates, Open Top Sanitary Cans (Otsc), Tin Free Steel, Double Reduced Tinplate Sheets.Cold Rolling Mill (CRM) Products- Hr Pickled Coils, Full Hard Coils, Temper Rolled/ Double Reduced (Dr) Coils.