|
21 Sep 2025 |
Tata Steel
|
Consensus Share Price Target
|
171.48 |
170.55 |
- |
-0.54 |
buy
|
|
|
|
|
01 Nov 2022
|
Tata Steel
|
BOB Capital Markets Ltd.
|
171.48
|
125.00
|
101.25
(69.36%)
|
Target met |
Buy
|
|
|
Weak Q2 results as cost adjustments lagged prices; European operations saw a sharper pullback from a stronger Q1
|
|
01 Nov 2022
|
Tata Steel
|
Motilal Oswal
|
171.48
|
94.00
|
101.25
(69.36%)
|
|
Neutral
|
|
|
|
|
24 Sep 2022
|
Tata Steel
|
BOB Capital Markets Ltd.
|
171.48
|
140.00
|
99.85
(71.74%)
|
|
Buy
|
|
|
Proposed merger with 7 group entities will simplify the group structure and enable more efficient funding of NINL and mining expansions
|
|
23 Sep 2022
|
Tata Steel
|
Motilal Oswal
|
171.48
|
106.00
|
99.85
(71.74%)
|
Target met |
Neutral
|
|
|
|
|
11 Aug 2022
|
Tata Steel
|
ICICI Direct
|
171.48
|
130.00
|
109.10
(57.18%)
|
|
Buy
|
|
|
|
|
05 Aug 2022
|
Tata Steel
|
Geojit BNP Paribas
|
171.48
|
96.00
|
107.35
(59.74%)
|
Target met |
Sell
|
|
|
|
|
04 Aug 2022
|
Tata Steel
|
BOB Capital Markets Ltd.
|
171.48
|
140.00
|
107.35
(59.74%)
|
|
Buy
|
|
|
TATA exposed to slower pickup in China but we expect Chinese demand to stabilise over H2, providing support to regional margins
|
|
27 Jul 2022
|
Tata Steel
|
Prabhudas Lilladhar
|
171.48
|
|
100.35
(70.88%)
|
Pre-Bonus/
Split |
Sell
|
|
|
|
|
27 Jul 2022
|
Tata Steel
|
SMC online
|
171.48
|
|
100.35
(70.88%)
|
Pre-Bonus/
Split |
Results Update
|
|
|
|
|
26 Jul 2022
|
Tata Steel
|
ICICI Securities Limited
|
171.48
|
827.00
|
960.70
(-82.15%)
|
Pre-Bonus/
Split |
Sell
|
|
|
Tata Steel (TSL) consolidated EBITDA surprised on the back of strong Tata Steel Europe (TSE) EBITDA. TSE EBITDA expanded to US$365/te (up US$120/te QoQ) with support from contract realisations, favourable RM movement and lower energy costs. Net debt increased by Rs35bn QoQ to Rs545bn due to higher working capital (a common trend across the industry).
|