Reuters Market Eye - Tata Steel
July-September consolidated net profit, after minority interest and share of associates, was 9.17 billion rupees, compared with a loss of 3.64 billion rupees a year earlier, Tata Steel said on Wednesday.
Sentiment also got a boost from expectations of a higher demand for steel after China unwrapped its boldest set of economic and social reforms in nearly three decades on Friday, in order to put the world's second-largest economy on a more stable footing.
(Reporting by Abhishek Vishnoi)
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