Brokerages bullish on Tata Steel post stellar performance

Strong volumes in India and better prices across Europe help Tata Steel dazzle with its fourth quarter performance. Consolidated profits surged to almost Rs 4,200 crore - that's an over 70% jump year-on-year. Sales too came in above estimates at Rs 33,300 crore.

May 26, 2011 / 19:13 IST

Big boy Tata Steel reported very strong fourth quarter numbers. Strong volumes in India and better prices across Europe help Tata Steel dazzle with its fourth quarter performance. Consolidated profits surged to almost Rs 4,200 crore - that's an over 70% jump year-on-year. Sales too came in above estimates at Rs 33,300 crore.

Here is a low down of brokerage

first published: May 26, 2011 09:00 am

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Brokerages bullish on Tata Steel post stellar performance

Strong volumes in India and better prices across Europe help Tata Steel dazzle with its fourth quarter performance. Consolidated profits surged to almost Rs 4,200 crore - that's an over 70% jump year-on-year. Sales too came in above estimates at Rs 33,300 crore.

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