ResultsBusinessLine
Tata Steel shares slide 2.75% at open despite in-line Q2 results
Negative-29Company event
GreyOak summary
Tata Steel shares dropped 2.75% to open lower despite reporting in-line Q2 results with consolidated EBITDA rising 18% year-on-year. While India operations saw a 25% margin, UK operations dragged performance with a loss. Analysts remain divided on the recovery path, with targets ranging from ₹200 to ₹235.
What it affects
- Tata SteelTATASTEELNegative -29
Shares fell 2.75% despite in-line Q2 results.Rolling sentiment Positive +43
Source
Read the original at BusinessLineMore Tata Steel news
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