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BW Businessworld

Tata Steel Shares Hit One-year High On Results

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Shares in Tata Steel Ltd gained as much as 2.6 per cent on Thursday (15 May) to its highest since May 2012 after posting January-March net profit that easily beat analyst estimates as better economic growth in Europe supported steel demand.

Tata Steel was up 2.1 per cent at 9:24 a.m., outperforming a 0.6 per cent gain in the Nifty.

(Reuters)


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economy europe news 4 tata steel nifty steel demand