Sandeep Shenoy of Anand Rathi Financial Services told CNBC-TV18, "In Tata Steel, nobody has a clue what the debt could be - Rs 60,000 crore to Rs 75,000 crore and also the 2 percent swing in currency can mean Rs 1,500 crore impact on the bottomline."
“It is going to be a traders’ stock, but at the current juncture all the bounces – just use it to exit. This company has got still lot more pain which could last for 18 more months before stability comes in," he added.
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