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Tata Steel surges 7% after Q4 earnings beat Street estimates

Updated : April 26, 2019 11:27 AM IST

Tata Steel shares surge 7 percent after the steel giant reported robust volumes and lower realisations in the March quarter earnings.
The steel producer reported 84.37 percent year-on-year (YoY) drop in net profit at Rs 2,295.2 crore for the January-March quarter of 2018-19.
In the morning, at least three blasts were reported at Tata Steelworks plant in Port Talbot, Wales in the United Kingdom, said media reports in the UK.
Tata Steel surges 7% after Q4 earnings beat Street estimates

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