Tat steel margins jump

Steel major, Tata Steel had on Tuesday reported a 90.51 per cent increase in net profit for the April-June quarter to Rs 1,139 crore, from Rs 597.88 crore in corresponding period in 2012-13.

Cheering the smart earnings that was declared post market hours on Tuesday, shares of the company after surging 9 per cent in early trade, were trading 4.71 per cent higher at Rs 252.50 in late morning trade at the Bombay Stock Exchange.

Source: https://businesstoday.intoday.in