← Back to feedRead original →
VERIFIEDET Markets·negative
Tata Steel shares crack 4% after Q4 results. Why did JPMorgan downgrade the stock?
AI Summary
- ·Tata Steel's Q4 FY26 net profit surged 147% to Rs 2,965 crore.
- ·JPMorgan downgraded Tata Steel to 'Neutral' due to regulatory headwinds in the Netherlands and project delays.
- ·Morgan Stanley maintained an 'Overweight' rating, citing strong domestic and UK performance.