|
06 Oct 2025 |
Tata Steel
|
Consensus Share Price Target
|
173.21 |
172.48 |
- |
-0.42 |
buy
|
|
|
|
|
03 May 2023
|
Tata Steel
|
Motilal Oswal
|
173.21
|
110.00
|
109.70
(57.89%)
|
Target met |
Neutral
|
|
|
|
|
03 May 2023
|
Tata Steel
|
SMC online
|
173.21
|
|
109.70
(57.89%)
|
|
Results Update
|
|
|
|
|
10 Feb 2023
|
Tata Steel
|
Geojit BNP Paribas
|
173.21
|
98.00
|
108.80
(59.20%)
|
|
Sell
|
|
|
|
|
08 Feb 2023
|
Tata Steel
|
ICICI Securities Limited
|
173.21
|
120.00
|
111.45
(55.41%)
|
Target met |
Accumulate
|
|
|
Tata Steel’s (TSL) Q3FY23 consolidated EBITDA of Rs.40.5bn (down 75% YoY) was below street estimates though in line with ours. Key points: 1) lower coking coal prices offset the impact of lower steel realisations, which lifted domestic EBITDA/te; 2) TSE operations were impacted by NRV loss of GBP55mn on slab inventory in Europe; 3) consolidated debt was static at Rs717bn;
|
|
08 Feb 2023
|
Tata Steel
|
SMC online
|
173.21
|
|
111.45
(55.41%)
|
|
Results Update
|
|
|
|
|
08 Feb 2023
|
Tata Steel
|
ICICI Direct
|
173.21
|
130.00
|
111.45
(55.41%)
|
Target met |
Buy
|
|
|
|
|
08 Feb 2023
|
Tata Steel
|
Axis Direct
|
173.21
|
120.00
|
111.45
(55.41%)
|
Target met |
Hold
|
|
|
Recommendation: In light of the drag from TSE, we downgrade Tata Steel from BUY to HOLD
|
|
02 Nov 2022
|
Tata Steel
|
ICICI Securities Limited
|
173.21
|
98.00
|
101.25
(71.07%)
|
|
Hold
|
|
|
Tata Steel’s (TSL) Q2FY23 consolidated EBITDA of Rs.60.6bn (down 62% YoY) was below street estimates.
|
|
02 Nov 2022
|
Tata Steel
|
SMC online
|
173.21
|
|
104.75
(65.36%)
|
|
Results Update
|
|
|
|
|
02 Nov 2022
|
Tata Steel
|
IDBI Capital
|
173.21
|
105.00
|
101.25
(71.07%)
|
Target met |
Hold
|
|
|
|