Tata Steel's net profit declines over 50% YoY: Should you buy, sell or hold?
Updated : 2020-11-17 09:02:31
Tata Steel has reported a more than 50 percent decline in its consolidated net profit at Rs 1,665.07 crore in the September 2020 quarter versus a net profit of Rs 3,302.31 in the year-ago period. Its total income stood at Rs 37,376.13 crore against Rs 34,762.73 crore in the year-ago period. The firm's total expenses were at Rs 35,244.58 crore against Rs 34,758.15 crore last year. Here's what brokerages make of the earnings: