Tata Steel shares in focus as company swings back to black

Tata Steel Ltd. swung back to profitability in the September quarter, reporting a net profit of Rs 833 crore compared to a loss in the same period last year. Despite a 3% YoY decline in revenue, the company's EBITDA reached Rs 6141 crore with margins at 11.4%. The India business saw a 5% revenue dip, while NINL's revenue increased.