scorecardresearchTata Steel: Brokerages see nearly 80% upside despite decline in Q1 net profit; Here's why

Tata Steel: Brokerages see nearly 80% upside despite decline in Q1 net profit; Here's why

Updated: 27 Jul 2022, 01:04 PM IST
TL;DR.
Despite a decline in net profit in the June quarter as well as a 33 percent fall in the stock price in this period, brokerages remain bullish on steel major Tata Steel and expect a potential upside of up to 79 percent for the stock.
Despite a decline in net profit in the June quarter as well as a 33 percent fall in the stock price in this period, brokerages remain bullish on steel major Tata Steel and expect a potential upside of up to 79 percent for the stock.

Despite a decline in net profit in the June quarter as well as a 33 percent fall in the stock price in this period, brokerages remain bullish on steel major Tata Steel and expect a potential upside of up to 79 percent for the stock.