Tata Steel stock climbs following 19% profit jump in Q1
Shares of Tata Steel moved up to ₹187.60 following the company's report of a 19 percent rise in consolidated net profit, reaching ₹2,385 crore for the June quarter. Investor confidence also strengthened after the board gave the green light to a significant ₹33,873 crore investment aimed at boosting long steel production capacity in Odisha by 4.8 million tonnes.