CLSA, JPMorgan, Jefferies turn bullish on Tata Steel after strong Q4 performance – check target price here
Brokerage firms have turned bullish on Tata Steel post its fourth-quarter result announcement. CLSA, JPMorgan, Jefferies and Investec have given Buy recommendations for the stock. The steel heavyweight beating the street’s expectations has reported a consolidated profit of Rs 6644 crores in the March-ended quarter of FY21. It posted a loss of Rs 1,481.3 crore in the year-ago quarter.
Tata Steel reported a consolidated profit of Rs 6644 crores in Q4: PTI