Tata Steel Q2 Results Review: Earnings in-line, losses in Europe business likely to decline going forward
Tata Steel Q2 results mostly met expectations with a net loss of ₹6,196.24 crore and a 7% drop in revenue from operations. US brokerage house Citi has downgraded Tata Steel's rating to 'Sell' and reduced the target price due to concerns over steel prices and leverage conditions.
DNA News Desk
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Tata Steel Q2 results mostly met expectations with a net loss of ₹6,196.24 crore and a 7% drop in revenue from operations. US brokerage house Citi has downgraded Tata Steel's rating to 'Sell' and reduced the target price due to concerns over steel prices and leverage conditions.
