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Analysts raise Tata Steel targets after UK deal

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Update time : 2023-09-19 15:47:39

Mumbai: Analysts at most brokerages have raised their price targets on Tata Steel shares in reaction to the company's joint investment plan with the UK government to build the country's largest steelworks in Wales. The move, which is estimated to reduce the steel maker's losses from Europe, has removed an overhang for the stock, said analysts.

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