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Tata Steel Set to Earn Re-Rating

BY Realty Plus

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Tata Steel’s proposed stake sale of its property within the Netherlands could possibly be a sport changer for the inventory and lead to an entire re-rating, after shares rallied about 20 per cent previously 10 days on anticipation its robust September-quarter efficiency would doubtless maintain. The firm reported higher-than-expected earnings as a consequence of a greater product combine and value management, in addition to sharp discount in debt on higher money.

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Tags : ALLIED Tata Steel Property