NSE: TATASTEEL | BSE: 500470

Strong Performer, Under Radar

Download real time

170.06 -3.15 (-1.82%)

New 52W High in past week

23.3M NSE+BSE Volume

NSE 06 Oct, 2025 3:31 PM (IST)

212,294.9

Market Cap

Market Runner Up

1.4

Beta 1Year

Very High Volatility

Demand Order

Tata Steel gets a Rs 2,411 cr demand order for shortfall of chrome ore from Sukinda Chromite Block See details

Tata Steel Ltd. share price target and research reports

Latest analyst research reports with target prices and PDF download for TATASTEEL, BSE:500470 Tata Steel Ltd.

Tata Steel Ltd.

10 Feb 2020

170.06

-1.82%

EBITDA loss of $54/t in the Europe business was significantly higher than our est. of $25...

Buy: Tata Steel Ltd.

Target

Emkay

EBITDA loss of $54/t in the Europe business was significantly higher than our est. of $25/t, although the India EBITDA, adjusted for Rs4.7bn write-back in other expenses, was Rs9,632/t (yoy/qoq: -37%/ -14%), in line with our est. of Rs9,640/t. Net debt remained high at Rs1,046.3bn, down Rs23bn qoq. We note that the recognition of finance lease as per AS 116 has inflated debt by Rs38bn, while the acquisition debt of Usha Martin, Rs39bn, has just started yielding positive cash flow. Deleveraging balance sheet by $1bn in FY20 has been ruled out, although the FY21 target remains intact. Capex is likely to overshoot to Rs90bn vs. Q2 guidance of Rs83bn, largely on account of...

Tata Steel Ltd. has an average target of 171.86 from 7 brokers.

Tata Steel Ltd.

08 Feb 2020

170.06

-1.82%

Q3FY20 Result Update

Sell: Tata Steel Ltd.

Prabhudas Lilladhar

Tata Steel (TATA) reported disappointing set of Q3FY20 earnings with consolidated Adj. EBITDA below our/consensus estimates by 33%/22%. Except better volumes in domestic operations, company missed on rest of all fronts. Adjusted domestic EBITDA/t fell 18% QoQ to Rs9,640 (PLe:11,460) due to sharp fall in realisations. TSE posted EBITDA loss of Rs9.6bn (PLe:+Rs1.7bn) after a gap of 15 quarters. This came as a big disappointment...

Tata Steel Ltd. has an average target of 171.86 from 7 brokers.

Tata Steel Ltd.

08 Feb 2020

170.06

-1.82%

Europe underperformance drives miss

Neutral: Tata Steel Ltd.

Target

Motilal Oswal

8 February 2020 Tata Steels (TATA) third-quarter result reflects the challenges faced by the industry, with consol. EBITDA/ton of INR3,614 dropping to the lowest level in the past 15 quarters due to a sharp decline in steel prices. Prices have recovered sharply over the past three months, strengthening the margin outlook. Given the challenges in the European business, we cut our FY20/21 EBITDA estimates marginally and maintain INR38.2b) in 3QFY20 due to weak steel spreads and higher exports from India. PAT loss was at INR7.0b (our EBITDA/t was down 6% QoQ at INR11,020 due to lower realization (-11% QoQ to INR44,522/t) and the higher share of margin- dilutive exports (18%). EBITDA, however, increased 9% QoQ to INR37.7b, driven by strong 15% QoQ growth in volumes (largely exports). We expect EBITDA/t to improve substantially in 4Q as the price hikes have materialized in the past three months we expect INR13,800 in 4QFY20.

Tata Steel Ltd. is trading above all available SMAs

Tata Steel Ltd.

15 Nov 2019

170.06

-1.82%

Pick Of The Week - Tata Steel Ltd

Tata Steel Ltd.

Edelweiss

Tata Steel Limited is a diversified steel producer. The Company is engaged in the business of steel making, including raw material and finishing operations.

Tata Steel Ltd. has an average target of 171.86 from 7 brokers.

Tata Steel Ltd.

08 Nov 2019

170.06

-1.82%

Tata Steel

Buy: Tata Steel Ltd.

Target

ICICI Securities Limited

Domestic operations to account for ~71% of capacity by 2025 In India, Tata Steel has operations in Jamshedpur (10 MT), Kalinganagar (3 MT), Tata Steel BSL (5.6 MT) and Tata Long products (1 MT), aggregating to 19.6 MT. Indian operations' key assets viz. Jamshedpur, Kalinganagar, Angul have globally cost competitive position, aiding overall EBITDA margins. Going forward, Tata Steel is planning to increase India capacity to 30 MT by 2025 through organic & inorganic routes, thereby increasing share of higher margin domestic capacity to 71% by 2025, auguring well for company....

Tata Steel Ltd. has gained 21.13% in the last 6 Months

Tata Steel Ltd.

18 Oct 2019

170.06

-1.82%

Pick Of The Week - Tata Steel Ltd

Tata Steel Ltd.

Edelweiss

Tata Steel Limited is a diversified steel producer. The Company is engaged in the business of steel making, including raw material and finishing operations.

Tata Steel Ltd. has an average target of 171.86 from 7 brokers.

Tata Steel Ltd.

23 Sep 2019

170.06

-1.82%

Tata Steel

Buy: Tata Steel Ltd.

Recommendation Target

ICICI Securities Limited

In India, Tata Steel has operations in Jamshedpur (10 MT), Kalinganagar (3 MT), Tata Steel BSL (5.6 MT) and Tata Long products (1 MT), aggregating to 19.6 MT. Indian operations' key assets viz. Jamshedpur, Kalinganagar, Angul have globally cost competitive position, aiding overall EBITDA margins. Going forward, Tata Steel is planning to increase India capacity to 30 MT by 2025 through organic and inorganic routes, thereby increasing the share of the domestic capacity to 71% by 2025. Currently, the 5 MT Phase-II expansion at Kalinganagar is on track. Recent tax cuts, would benefit Indian...

Tata Steel Ltd. is trading above all available SMAs

Tata Steel Ltd.

06 Sep 2019, 12:00AM

170.06

-1.82%

Pick Of The Week - Tata Steel Ltd

Tata Steel Ltd.

Edelweiss

Tata Steel Limited is a diversified steel producer. The Company is engaged in the business of steel making, including raw material and finishing operations.

Tata Steel Ltd. is trading above all available SMAs

Tata Steel Ltd.

27 Aug 2019

170.06

-1.82%

TATA STEEL

Hold: Tata Steel Ltd.

Target

Geojit BNP Paribas

Tata Steel is a leader in the global steel industry with operations spanning across 26 countries with key operations in India, Netherlands and United Kingdom. Company primarily caters to customers in automotive,...

Tata Steel Ltd. has gained 21.13% in the last 6 Months

Tata Steel Ltd.

12 Aug 2019

170.06

-1.82%

Tata Steel Ltd: Sluggish Demand Environment Impacted Operating Performance Negatively

Buy: Tata Steel Ltd.

Target

Karvy

Tata Steel Ltd has recorded moderate consolidated sales growth of 1.3 percent to Rs. 359471 Mn in Q1FY20 as against Rs. 354941 Mn in Q1FY19 and our estimate of Rs. 384556 Mn on YoY basis. Revenue growth was impacted by lower realizations across geographies with weakening economic activities and uncertainty around USChina trade conflict.

Tata Steel Ltd. has gained 21.13% in the last 6 Months

Is Tata Steel Ltd. worth buying?

5178 Votes:

Buy 74.95%

Sell 12.67%

Hold 12.38%

RESEARCH REPORTS

Accumulate SEE REPORTS >

pdf

Neutral SEE REPORTS >

pdf