Tata Steel shares rise on strong Q2 earnings report
after close1 source ↓written by the desknot a recommendation
- company reported
- 59% quarter-on-quarter net profit increase
- for Q2
- ₹3,183 cr
- Revenue rose
- 10%
- ₹58,689 cr
- Analysts suggest
- 20% upside
Tata Steel shares gained 0.5% to ₹173, with trading volumes surging after the company reported a 59% quarter-on-quarter net profit increase to ₹3,183 cr for Q2. Revenue rose 10% to ₹58,689 cr, indicating strong operational momentum. Analysts suggest nearly 20% upside, reflecting sustained investor interest as the stock nears its 52-week high of ₹186.
Not investment advice. For informational purposes only.