Tata Steel stock jumps after firm's crude steel production rises and delivery volumes touches an all-time high
In an update, Tata Steel said that its crude steel production for the third quarter saw a jump of 6 per cent to 5.32 MT Year-on-Year (YoY). In the same duration, the company's delivery volumes jumped by 10 per cent to an all-time high of 4.88 MT YoY.
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Tata Steel Share Price: Tata Steel shares jumped in morning deals on BSE on Monday (January 8, 2023) after the firm said that its crude steel production had jumped by six per cent in the third quarter. The stock of the steel manufacturer was trading higher by 0.60 per cent, or Rs0.80, at Rs 134.45 at 9:42 am on Monday.
In an update, Tata Steel said that its crude steel production for the third quarter saw a jump of 6 per cent to 5.32 MT Year-on-Year (YoY).
In the same duration, the company's delivery volumes jumped by 10 per cent to an all-time high of 4.88 MT YoY.
Tata Steel rose to a 52-week high of Rs 142.15 on January 1.
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