**Tata Steel TISC.NS shares fall 1% to 195.48 rupees ahead of quarterly earnings
**Steelmaker expected to report consolidated net profit of 24.34 billion rupees ($269.8 million), compared with 3.27 billion rupees a year earlier, according to LSEG data
**TISC posted its highest-ever quarterly crude steel production in India during third quarter, helped by increased output at its Jamshedpur and Kalinganagar facilities
**Co's crude steel deliveries climbed 14% to a record 6.04 million tonnes in Q3
**Jefferies says Indian steel firms expected to deliver improved volume growth in Q3, led by capacity ramp-ups
**However, steel prices stayed under pressure in Oct-Dec as supply outpaced demand, dragging down flat product prices
**CLSA expects co's domestic profitablility to fall 1,900 rupees per ton, driven by a sustained retreat in steel prices
**Stock up 8.1% YTD; Nifty Metal index .NIFTYMET up 5.84% in 2026
($1 = 90.2100 Indian rupees)
(Reporting by Mridula Kumar in Bengaluru)
((Mridula.Kumar@thomsonreuters.com;))
Comments