Moneycontrol PRO
HomeNewsBusinessStocksHave buy rating on Tata Steel with target of Rs 895/share: Investec

Have buy rating on Tata Steel with target of Rs 895/share: Investec

In an interview to CNBC-TV18, Ritesh Shah, Senior Analyst at Investec shared his views and readings on Tata Steel and Bhushan Steel.

February 19, 2018 / 14:45 IST

In an interview to CNBC-TV18, Ritesh Shah, Senior Analyst at Investec shared his views and readings on Tata Steel and Bhushan Steel.

Shah said that Bhushan Steel had plans to increase capacity.

He further said that there are unknown variables on treatment of accumulated losses.

Talking about stock, he said we have a buy rating on Tata Steel with target of Rs 895 per share.

Watch accompanying video for more details…

CNBC-TV18
first published: Feb 19, 2018 02:37 pm

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347