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  • Home » Tata Steel

Tata Steel

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    Tata Steel reported an increase of 661% in its consolidated net profit to Rs 11,918 crore for the second quarter.

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    Tata Steel reported a 661.34% surge in consolidated net profit to Rs 11918.11 crore on 56.45% rise in total income to Rs 61459.04 crore in Q2 FY22.

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    Shivangi Sarda of Motilal Oswal Financial Services is bullish on Tata Steel with a price target of Rs 1,422 per share.

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    Robust liquidity, positive global cues, the rapid pace of vaccination, better-than-expected Q1 earnings and fall in Covid cases supported sentiment.

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    Metals melt on Evergrande group crisis; what should investors do now?

    Evergrande’s debt crisis has the potential to severely weaken global steel demand and induce a sharp correction in steel prices.

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