Shreyansh Shah Archives

Tata Steel shares: What analysts say about this Tata Group stock after Q4 miss

RatnavaliMay 30, 202403 mins

Tata Steel shares dropped over 5 percent in Thursday’s trading session after the company’s Q4 earnings report fell short of market expectations. This downturn was largely due to domestic steel prices remaining under pressure, exacerbated by increased imports of finished steel from China. Shreyansh Shah, a Research Analyst at StoxBox, noted that although Tata Steel…

Kotak Mahindra Bank experiences a 10% drop to hit a 52-week low due to RBI restrictions

RatnavaliApril 25, 202404 mins

Kotak Mahindra Bank shares plummeted by up to 10% in early Thursday trading, triggered by the Reserve Bank of India’s directive to halt the issuance of new credit cards and onboard new clients via digital channels. This decline represents the steepest single-day drop for the stock since March 23, 2020. Wednesday saw the RBI instruct…