Tata Steel declares loss and misses estimates | Test My Stock

🔻 Tata Steel Q3 Earning's Results are out, Tata Steel declares loss and misses estimates 🔻 TATA STEEL Q3 : CONS. NET LOSS OF 2503 CR V 9508 CR PROFIT(YOY), 1297 CR PROFIT (QOQ) 🔻 REVENUE DOWN 6 % AT 57083 CR (YOY), DOWN 5 % (QOQ) 🔻 EBITDA DOWN 74 % AT 4046 CR (YOY), DOWN 33 % (QOQ) 🔻 MARGINS AT 7 % V 26.2 % (YOY), 10 % 💡 Insights on Tata Steel 1. Tata Steel commands 43% market share in steel supplied to the auto sector 2. The company is the 2nd largest steel company in Europe and heavily dependent on exports with 50.6 per cent coming from outside India 3 The company is among the world's largest steel producers with a capacity of 34 million tons per month 4. Tata Steel is more undervalued among its peers  with a PE ratio of just 5.11 times 5. 72 % of its operating profit comes from India 6. The company has manufacturing units in 26 countries 7 Tata Steel has a 5 year market return of 79 % vs  Nifty returns of 70 % making it an outperformer ------------------------------------------------------------------- ❤️ If you find our content helpful, become our channel member to get access to our Exclusive Whatsapp Group, Weekly Webinars, Stock Value Bombs and more Freebies ------------------------------------------------------------------- 🔔 Subscribe for more content on Stock Research ------------------------------------------------------------------- #shorts #stockmarket #stocks #sharemarket #testmystock #stocksmadeeasy #stockmarkets #stockcharts #cyrptocurrency #bullandbear #stockupdates #stockmarketsimplified #stockmarketcrash #multibaggerstocks #multibagger #sharemarkets #sharebazaar #stockresearch #stockmemes #stockmarketinvestors #tatasteel #tatasteelstocklatestnews #tatasteelprice #tatasteelq3 #tatasteelresult #tatasteelresult2023