Tata Steel Gains Nearly 4% After Q1 Results Beat D-Street Expectations; Details
Tata Steel Shares Post Q1 ResultsTata Steel shares rose after recouping early losses after the company's better-than-expected earnings for the April-June quarterTata Steel Share Price: Tata Steel shares rose after recouping early losses after the company’s better-than-expected earnings for the April-June quarter supported sentiment. In the early trade, the stock touched a low of Rs 114.35, but soon pared the losses and was trading at Rs 119.70, up 3.64 per cent on the BSE.On the NSE, the stock opened at Rs 115, then fell to a low of Rs 114.35 and was later trading at Rs 117.95, up 2.12 per cent apiece.The steel manufacturer’s consolidated net profit of Tata Steel plummeted 93 per cent year-on-year to Rs 525 crore in Q1. This downturn was primarily attributed to the performance of its Euro...