Goldman raises price target on Tata Steel shares

The Wall Street bank said it expected full benefit of price hikes in Europe to flow through in the first quarter of FY12.

Tata Steel, the world's No.7 steelmaker, said after market hours on Wednesday net profit after taxes, minority interest and share of profit of associates jumped about 72 percent to 41.78 billion rupees ($937 million) in its fiscal fourth quarter.

Goldman, however, cut its earnings per share estimates for Tata Steel by 9 percent and 8 percent for FY12 and FY13 respectively to factor in lower volumes in Europe.

For more details:View the entire article by subscribing to Indian Construction industry News at http://www.indianconstructionindustry.com/construction_news/construction_news.php,(or) browse other breaking industrial news stories at www.indianconstructionindustry.com.

Steel - Related Products

All Categories Alexa Skills Amazon Devices Amazon Fashion Amazon Fresh Appliances Apps & Games Baby Beauty Books Car & Motorbike Clothing & Accessories Collectibles Computers & Accessories Deals Electronics Furniture Garden & Outdoors Gift Cards Grocery & Gourmet Foods Health & Personal Care Home & Kitchen Industrial & Scientific Jewellery Kindle Store Luggage & Bags Luxury Beauty Movies & TV Shows Music Musical Instruments Office Products Pet Supplies Prime Video Shoes & Handbags Software Sports, Fitness & Outdoors Subscribe & Save Tools & Home Improvement Toys & Games Under 500 Video Games Watches

Search

Amazon Brands

Bestsellers

Stainless Steel

Stainless Steel Fabricators

Stainless Steel Railing

Steel - Deformed Bars

Steel - Doors

Steel - Fabricators

Steel - Fibres

Steel - High Tensile Bars

Steel - Structurals

Steel - TMT Bars

Steel - TMT Bars - Technology Providers

Steel - Tor

Steel Forging

Steel Tubes

by Pigeon

Pigeon by Stovekraft INOX Hydra Plus Stainless Steel Drinking Water Bottle 700 ml - Silver

Price: 199 395

You Save: -50%

by UBERSWEET

Ubersweet Fiber Optic Tools, High Safety Fiber Stripper Precise Operation Stainless Steel for Industry (Green)

Price: 4069 8099

You Save: -50%

by Generic

KTM Healthcare Stainless Steel Stripper, Fiber Optic Stripper High?Accuracy Milling for Industry for Electrician

Price: View At Amazon

by Atlantic

Atlantic Cabinet Handle Pull Stainless Steel Black Coating for Kitchen and All Types Wooden Furniture Doors, Total Length: 8 inches, Hole to Hole - 160 MM,Pack of 12 PCS

Price: 2374 4599

You Save: -48%

by Vinod

Vinod Stainless Steel 2 Tier Steamer/Momo/Modak Maker with Glass Lid & Riveted Handles of 20 cm Diameter (Induction and Gas Stove Friendly) - 2 Year Warranty, Silver

Price: 1040 1325

You Save: -22%

by INDIAN DECOR

INDIAN DECOR 500300 Stainless Steel 304 Grade Worktop Saver Platform Chopping Round Edge Baking Heavy Duty Pastry Board for Meat Vegetables, Chapatis Making (60 cm Wide X 50 cm deep + 25 mm Bend)

Price: 1799 4999

You Save: -64%

by KEYTIGER

24 Inch Square Rectangle Flat Shape Stainless Steel Modern Contemporary Entry Door Handle Bar Pull Shower Glass Sliding Barn Door Entrance Interior Exterior Door Pull Push Brush Nickel Satin Finish

Price: 31209 58300

You Save: -46%

by Generic

Office Chair/Computer Chair/Study Chair/Visitor Chair/Steel Chair/Low Back Chair/KFS Chair/D-ARM Chair

Price: 7000 10000

You Save: -30%

by Generic

Pooja Room toran,3 feet toran for Main Door and Room, Golden (T102)

Price: 529 1100

You Save: -52%

by Shahr

Shahr Stainless Steel Flexible Health Faucet Shower Tube Pipe, Tube Pipe/Hose for Hand Shower, Health Faucet, 1.5 m, Silver and Grey

Price: 275 799

You Save: -66%

by BERGNER

Bergner Argent TriPly Stainless Steel Fry Pan with Riveted Cast Handle & Induction Base (22 cm, Silver)

Price: 2154 2745

You Save: -22%

by TICONN

TICONN 1/8" Deck Railing Cable 150ft with Cutter, Premium Stainless Steel Wire Rope Aircraft Cable 7x7 Strands Construction, Perfect for DIY Deck or Stair Cabling Project (150ft)

Price: 10728 15329

You Save: -30%

by SportsFitt

SportsFitt Steel Solid Construction Bar Chin Up Bar for Workout, Fitness Perfect Upper Body Exercise Equipment for Home

Price: 599 2599

You Save: -77%

by Kalanjari

Mini Rod Bender Metal Bending Tool, Universal Bending Machine for Clamp, Hook, Coil - Wire, Flat Round Stock, Tubing

Price: 4699 8999

You Save: -48%

by Ocko

Ocko 304 Grade Stainless Steel 1 Meter Chrome Flexible Finished Shower Tube (Silver, Pack of 1)

Price: 289 599

You Save: -52%

by Generic

Giriraj Metallic Wall Hanging 3 OM with Evil Eye Nazar Dosh Nivaran at The Bottom for Money Luck, Business Luck & Peace Among Family Ideal for Home, Office & Shop for Gifting Purposes

Price: 399 899

You Save: -56%

by Peachtree Woodworking Supply

Anodized Aluminum Straight Edge Bar .003" Tolerance Perfect for Checking Straightness On Metal Surface Tops, Whet Stones, Machinery and Can Be Used to Mark Or Scribe Lines (50" Straight Edge Bar)

Price: 11533 16479

You Save: -30%

by KLEO

KLEO Chrome Finished Stainless Steel Pipe Hose Replacement Tube for Health Faucet, Bidet Spray, 1.5 m

Price: 345 695

You Save: -50%

view more..