Shares of fell nearly 5% to Rs 112 in Tuesday’s intraday trade on BSE after the company reported a surprise consolidated net loss of Rs 2,224 crore for the December quarter. The company had posted a profit of Rs 9,572 crore in the last-year period and Rs 1,514 crore in the previous September quarter. Its … Read more
Shares of rallied over 5% to RS 118.95 in Monday’s trade on BSE after global brokerage firm Jefferies turned positive on Indian metals stocks. Global brokerage Jefferies upgraded its hold rating on Tata Steel to a buy rating with a target price of Rs 150, implying an upside potential of 28% from the current market … Read more
Shares of metal companies such as , , and rallied up to 8% amid reports that Indian steel mills are eyeing price hikes in January on the back of improved global cues and the firming up of international prices. Shares of , , , , and also rose over 3%. At 1.13 pm, shares of … Read more