Stocks 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. Subscribe to Moneycontrol PRO at just Rs.33/- per month for the first year. Use code SUPERPRO. Limited period offer. Available on Web and Android.