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Tata Steel reports its 2QFY2012 standalone production and sales volumes
Tata Steel reported its standalone production and sales volume numbers. The company’s
standalone production of crude steel stood at 1.74mn tonnes in 2QFY2012 compared to
1.72mn in 2QFY2011. The company’s sales volumes stood at 1.65mn tonnes in
2QFY2012 compared to 1.66mn tonnes in 2QFY2011. The company’s 2QFY2012
production and sales volumes were in-line with our expectations. We maintain our Buy
rating on the stock with a target price of `614.
India Equity Research Reports, IPO and Stock News
Visit http://indiaer.blogspot.com/ for complete details �� ��
Tata Steel reports its 2QFY2012 standalone production and sales volumes
Tata Steel reported its standalone production and sales volume numbers. The company’s
standalone production of crude steel stood at 1.74mn tonnes in 2QFY2012 compared to
1.72mn in 2QFY2011. The company’s sales volumes stood at 1.65mn tonnes in
2QFY2012 compared to 1.66mn tonnes in 2QFY2011. The company’s 2QFY2012
production and sales volumes were in-line with our expectations. We maintain our Buy
rating on the stock with a target price of `614.
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