143.6700 -2.33 (-1.60%)
NSE May 08, 2025 15:31 PM
Volume: 29.7M
 

143.67
-1.60%
Axis Direct
We initiate coverage on Tata Steel with a BUY recommendation and a Target Price (TP) of Rs 1,700/share, implying an upside of 26% from the CMP. The stock is currently trading at 4.6x EV/EBITDA (consensus 1-Year forward) below its 10Y average of 6.3x.
Tata Steel Ltd.'s price crossed below 50Day SMA today
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