Subscribe Feed (RSS)Short Term Investments - Tata Steel
November 14th, 2008 by admin | Filed under BSE, short term.Despite steel prices softening globally, the Indian steel giant - Tata Steel - continued to impress its investors with its Q2FYO9 results. However, the scrip somehow isn’t finding any takers and has continued to correct on the bourses and the rumour in the market is that it might fall further and hence it creates an opportunity for short to medium term investors. The fact remains that Tata Steel has outperformed the India Inc overall results by quite a while and with such strong fundamentals it is difficult for it to stay low for long. And with expectation of stronger numbers in the coming quarters also, it makes sense to accumulate the scrip at these levels for quick buck in short term.
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