Tata Steel up 4% on price hike report

Shares in Tata Steel rose on a newspaper report on Wednesday that it had increased price of some long products by at least Rs 1,000 a tonne in March, two dealers said.

"The price hike would have a positive impact on the company's operational profits," a dealer said.

At 10:23 am, shares of Tata Steel were up 4.39% at Rs 442.40.