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Tata Steel an excellent buy: PN Vijay

Published on Thu, Jul 03, 2008 at 18:32 , Updated at Thu, Jul 03, 2008 at 20:44
Source : CNBC-TV18

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Investment Advisor, PN Vijay is of the view that Tata Steel is an excellent buy and top pick in metal sector at beaten down levels.

Vijay told CNBC-TV18, "We did buy Tisco today. Around Rs 650 levels, Tisco is an excellent buy. Considering the villains of this whole drama are people like Tisco who are making a lot of money on steel prices. So, we cannot be one side killing Tisco for having good prices and other side killing the people who use Tisco’s products."

He further added, "Even given the high cost of production, Tisco with the surprising numbers they gave from Corus is I would say my top pick in the metal sector at these beaten down levels."

Share Price Movement During The Last 12 Months
Period Price Latest Price Gain/Loss (Rs.) % Gain/Loss
3-Days 728.35 657.45 -70.90 -9.73
5-Days 757.10 657.45 -99.65 -13.16
7-Days 742.95 657.45 -85.50 -11.51
15-Days 849.65 657.45 -192.20 -22.62
1-Month 868.05 657.45 -210.60 -24.26
3-Month 645.95 657.45 11.50 1.78
6-Month 934.75 657.45 -277.30 -29.67
9-Month 742.44 657.45 -84.99 -11.45
1-Year 524.45 657.45 133.00 25.36

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Tata Steel hammered down. Big arbitage players in the counter

Tata steel would not bleed further the kind of treatment it received from FII is pathatic,it is a pride for all Ind...

in Tata Steel - investor11 at 12-Oct-08 02:28

Tata Steel hammered down. Big arbitage players in the counter

HK saab.... welcome on Tisco board. My buy orders for Tisco are pending at 250 levels... I just hope that I get ...

in Tata Steel - souravkundu at 12-Oct-08 02:33

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