Tata Steel Q3 Preview: Stock Under Pressure as Analysts Forecast Losses Amid Market Headwinds

Tata Steel faces significant challenges ahead of its Q3FY25 earnings announcement today. The steel giant's shares have declined by around 27% over the past six months, trading at Rs 126.36, well below its 52-week high of Rs 184.60. Analysts expect a revenue decline of up to 7% year-on-year and project losses between Rs 583-959 crore. While standalone volumes may grow 7.6% due to Kalinganagar expansion, European operations continue to weigh on performance with expected losses. However, reduced coking coal prices and improving European operations could provide some relief.

Source: Business Standard