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    HomeNewsBusinessEarningsTata Steel profit may lag estimates: StarMine

    Tata Steel profit may lag estimates: StarMine

    StarMine's SmartEstimates expects Tata Steel to report a profit of 3.34 billion rupees for the quarter compared with a wider consensus mean estimate of 3.64 billion rupees.

    May 20, 2013 / 12:13 IST

    Tata Steel Ltd may miss January-March profit consensus forecasts when it reports results on Thursday, according to Thomson Reuters StarMine data.

    Also read: Gold falls for eighth session, silver down sharply

    StarMine's SmartEstimates, which places greater emphasis on forecasts by top-rated analysts, expects Tata Steel to report a profit of 3.34 billion rupees for the quarter compared with a wider consensus mean estimate of 3.64 billion rupees.

    Shares in Tata Steel are up 1.35 percent at 11.13 am.

    first published: May 20, 2013 11:38 am

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