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Tata Steel share price in focus ahead of Q1 results today: Here’s what analysts expect

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Update time : 2024-07-31 17:20:04

 Tata Steel price having risen almost 18% year to date, riding the wave of strong steel demand in the country is also trading near all time highs seen recently. Tata Steel share price remains in focus as company will report April-June 2024 quarter performance today. Tata Steel share price was trading in the green, up around 0.2% in morning trades on Wednesday ahead of Q1 results

For the steel sector analysts have been anticipating a somewhat improved performance supported by declining raw material costs as that of coal , which may somewhat be offset by higher iron ore prices.

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