ICICI Direct recommended hold rating on Tata Steel with a target price of Rs 350 in its research report dated July 01, 2020.
Corporate tax cut could provide a huge support to future earnings even if operating performance remains weak
ICICI Direct recommended hold rating on Tata Steel with a target price of Rs 350 in its research report dated August 08, 2019.
Lower realisations, due to falling steel prices and higher cost, led to this poor performance at the operating level
ICICI Direct recommended hold rating on Tata Steel with a target price of Rs 475 in its research report dated May 13, 2019.
ICICI Direct is bullish on Tata Steel has recommended buy rating on the stock with a target price of Rs 635 in its research report dated April 30, 2019.
Prabhudas Lilladher is bullish on Tata Steel has recommended buy rating on the stock with a target price of Rs 685 in its research report dated April 26, 2019.
ICICI Direct is bullish on Tata Steel has recommended buy rating on the stock with a target price of Rs 625 in its research report dated April 11, 2019.
ICICI Direct is bullish on Tata Steel has recommended buy rating on the stock with a target price of Rs 550 in its research report dated February 11, 2019.
Prabhudas Lilladher is bullish on Tata Steel has recommended buy rating on the stock with a target price of Rs 840 in its research report dated November 14, 2018.
Prabhudas Lilladher is bullish on Tata Steel has recommended buy rating on the stock with a target price of Rs 780 in its research report dated October 03, 2018.
Centrum is bullish on Tata Steel has recommended buy rating on the stock with a target price of Rs 800 in its research report dated Se[ptember 24, 2018.
JM Financial is bullish on Tata Steel has recommended buy rating on the stock with a target price of Rs 745 in its research report dated August 13, 2018.
Prabhudas Lilladher is bullish on Tata Steel has recommended buy rating on the stock with a target price of Rs 770 in its research report dated August 14, 2018.
ICICI Direct is bullish on Tata Steel has recommended buy rating on the stock with a target price of Rs 700 in its research report dated July 02, 2018.
Prabhudas Lilladher is bullish on Tata Steel has recommended buy rating on the stock with a target price of Rs 815 in its research report dated July 02, 2018.
Edelweiss bullish on Tata Steel has recommended buy rating on the stock with a target price of Rs 903 in its research report dated July 02, 2018.
ICICI Direct is bullish on Tata Steel has recommended buy rating on the stock with a target price of Rs 700 in its research report dated May 22, 2018.
Realisations and steel prices are much better compared to last year’s average, which makes the management even more confident of delivering better numbers
Prabhudas Lilladher is bullish on Tata Steel has recommended buy rating on the stock with a target price of Rs 835 in its research report dated February 09, 2018.
JM Financial is bullish on Tata Steel has recommended buy rating on the stock with a target price of Rs 750 in its research report dated October 30, 2017.
Axis Direct is bullish on Tata Steel has recommended buy rating on the stock with a target price of Rs 795 in its research report dated November 03, 2017.
HDFC Securities is bullish on Tata Steel has recommended buy rating on the stock with a target price of Rs 818 in its research report dated October 31, 2017.
As against a net profit of Rs 3500 crore in FY17, the Street is expecting a net profit of close to Rs 5000 crore in FY19, which is a growth of 19.5 percent annually.
The right product mix and consolidation among marginal players have helped companies like Tata Steel grow faster even in a seasonally weak quarter.