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Tata Steel spurts 3% post steady Q2 earnings

Positive+242 sourcesCompany event

GreyOak summary

Tata Steel shares rose over 3% during the Diwali Muhurat trading session following steady Q2 earnings. The company reported an 18.2% year-on-year growth in net profit to ₹3,666.41 crore and revenue growth of 11.5% to ₹65,436.24 crore. India operations drove this performance with a 22.6% revenue increase.

What it affects

  • Stock rose 3% on steady Q2 earnings.Rolling sentiment Positive +43

Source

Read the original at Business Standard

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