Steel Sector (Large):
Q3 was by and large good for the Steel sector.
Almost all the companies have registered strong performance in the quarter.
As far as numbers are concern, the revenues of all the companies were up in the range of 25% to 78%, while 2 out of 3 companies were able to cut down their losses.
Market leader Tata Steel has registered superb 300% jump in its profit and a healthy 39% jump in revenues as compared to the same period last year and is the star performer of the sector.
Here is the data:
Up next is the numbers and analysis from “Infrastructure” sector.
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