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…
Tata Steel: Tata Steel’s share price rose over 5% on March 18 due to significant volumes and many major transactions, boosted by China’s impressive industrial output growth. Tata Steel stock was trading at Rs 148.6 as of 12.20 p.m., increased by 4.9 percent from the prior close. Over two times as many Tata Steel shares…
Tata Steel shares are hovering around their all-time high, hitting Rs 147.35 on February 7, 2024. Despite closing slightly lower at Rs 145.50 last Friday, marking a marginal dip of 0.24%, the metal stock continues to demonstrate strong performance. In 2024, the stock of Tata Steel Ltd. produced returns in the single digits. The BSE…
Tata Steel shares: In a morning report, ICICI Securities described Tata Steel’s quarterly results as ‘strong’. Ebitda for the quarter was Rs 6,264 crore, up from Rs 4,268 crore in the September quarter, owing primarily to lower raw material costs. Tata Steel Ltd’s shares were trading flat on Thursday, a day after rising nearly 4%…
