** Shares of Indian metal major Tata Steel fall as much as 4.21% to 112.50 rupees - their lowest in over a month
** Co sees sharpest intraday pct decline since Dec 23, 2022
** Top loser in Nifty Metal index
** TISC posted a consol loss of 25.02 bln rupees ($302.74
million) in Q3, vs a profit of 95.98 bln rupees a year ago
** Consol total rev from ops slid to 570.84 bln rupees from
607.83 bln rupees
** "Recession concerns weighed on steel prices, which
coupled with elevated energy costs affected our performance" -
CEO T. V. Narendran
** More than 24.6 mln shares traded by 09:32 a.m. IST, vs
its 30-day moving avg of 53.2 mln shares
** Twenty of 29 brokerages rate the stock 'buy' or higher,
while 7 have 'hold' and 2 'sell' or lower; their median PT is
120 rupees - Refinitiv data
** Stock rose 1.35% in 2022 while Nifty Metal index climbed ~22% ($1 = 82.6450 Indian rupees) (Reporting by Hritam Mukherjee in Bengaluru)
