We upgrade FY22 Ebitda by 9% and EPS by 18% on higher steel prices, but broadly retain our FY23 estimates. TATA’s Q3 EBITDA rose 53% q-o-q (up 2.1x y-o-y) and …
Tag:
Q3FY21
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Coking coal prices corrected by 1% q-o-q in Q3FY21 but given the inventory lag, we estimate a $5-7/ton cost reduction for steel companies. Strong commodity prices coupled with muted costs …
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Today, TCS share price rallied 3% ahead of the results announcement to Rs 3122 per share. (Bloomberg image) IT major Tata Consultancy Services (TCS) today announced further interim dividend of …
