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Tata Steel shares gain 2% as brokerages see stronger India earnings

Positive+43

GreyOak summary

Tata Steel shares rose 2% to Rs 188.5 driven by stronger-than-expected Indian operations and Q2 net profit growth of 16.2%. However, analysts remain cautious due to widening quarterly losses in the UK business and potential risks to captive iron ore supplies in Europe.

What it affects

  • Shares rose 2% on strong India earningsRolling sentiment Positive +43

Source

Read the original at Moneycontrol

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