 "steel, Chhattisgarh, secondary steel")
Tata Steel hits a two-year high of Rs 487, up 3% on the BSE in early morning trade after the company reported a consolidated net profit of Rs 232 crore for the quarter ended December 2016 (Q3), against loss of Rs 2,748 crore in a year ago quarter. The stock hit its highest level since November 19, 2014.
The company's revenue rose 14% to Rs 29,392 crore from Rs 25,767 crore a year earlier.
Tata Steel said the rising cost curve, better than expected demand in China and reflation expectations supported sustained rally in steel prices. The growth
The company's revenue rose 14% to Rs 29,392 crore from Rs 25,767 crore a year earlier.
Tata Steel said the rising cost curve, better than expected demand in China and reflation expectations supported sustained rally in steel prices. The growth
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