Tata Steel shares surge 2% on rating upgrade
Moody's has also changed the outlook of Tata Steel from ‘stable’ to 'positive.'
Moody's has also changed the outlook of Tata Steel from ‘stable’ to 'positive.'
The share price of the steel major rebounded 2.5% to ₹118.40, after falling nearly 1% in opening trade on the BSE.
Tata Steel to raise ₹2,150 crore via NCDs, which will be the second bond sale in the last five months.
The steel major posted a consolidated net loss of ₹2,223.84 crore for Q3 FY23, against a profit of ₹9,572.67 crore in the same quarter last year.