Buy Tata steel - Recommends Goldman Sachs

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Goldman Sachs has raised its 12-month price target for Tata Steel to Rs 774 from Rs 761 and maintained its "buy" rating on the stock following better-than-expected quarterly earnings.

Tata Steel, the world's No.7 steelmaker, net profit after taxes jumped about 72% to Rs 4,178 crore ($937 million) in its fourth quarter.

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