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VERIFIEDET Stocks·negative
Tata Steel shares crack 4% after Q4 results. Here's why JPMorgan downgraded 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.