Tata Steel profit may lag estimates - StarMine

Reuters Market Eye - Tata Steel Ltd may miss January-March profit consensus forecasts when it reports results on Thursday, according to Thomson Reuters StarMine data.

StarMine's SmartEstimates, which places greater emphasis on forecasts by top-rated analysts, expects Tata Steel to report a profit of 3.34 billion rupees for the quarter compared with a wider consensus mean estimate of 3.64 billion rupees.

Shares in Tata Steel are up 1.35 percent at 11.13 a.m.

(Reporting by Abhishek Vishnoi)