Industry News

Buy Tata Steel, target price Rs 135: JM Financial

Views : 116
Update time : 2023-02-08 16:37:10

JM Financial NSE 0.62% has buy call on Tata Steel NSE 0.18 % with a target price of Rs 135. The current market price of Tata Steel is Rs 111.7.

Tata Steel, incorporated in the year 1907, is a Large Cap company having a market cap of Rs 136474.86 Crore) operating in Metals - Ferrous sector.

Tata Steel key Products/Revenue Segments include Steel & Steel Products, Power, Other Operating Revenue and Others for the year ending 31-Mar-2022. Financials

For the quarter ended 31-12-2022, the company has reported a Consolidated Total Income of Rs 57354.16 Crore, down -4.74 % from last quarter Total Income of Rs 60206.78 Crore and down -5.73 % from last year same quarter Total Income of Rs 60842.72 Crore. Company has reported net profit after tax of Rs

-2562.44 Crore in latest quarter.

Related News
Read More >>
Can India’s ‘zero-for-zero’ approach tackle US reciprocal tariffs? Here’s it's context, impact and more Can India’s ‘zero-for-zero’ approach tackle US reciprocal tariffs? Here’s it's context, impact and more
Feb .24.2025
Can India’s ‘zero-for-zero’ approach tackle US reciprocal tariffs? Here’s it's context, impact and more
METLEN secures long-term bauxite supply deal with Rio Tinto; NALCO unveils ambitious INR 30,000 crore expansion strategy METLEN secures long-term bauxite supply deal with Rio Tinto; NALCO unveils ambitious INR 30,000 crore expansion strategy
Feb .24.2025
METLEN secures long-term bauxite supply deal with Rio Tinto; NALCO unveils ambitious INR 30,000 crore expansion strategy
Primary aluminum alloy market weak recovery in off-season: when will spring arrive Primary aluminum alloy market weak recovery in off-season: when will spring arrive
Feb .24.2025
Primary aluminum alloy market weak recovery in off-season: when will spring arrive
Trump’s tariffs: How a 25% markup on foreign steel and aluminum will create winners and losers in Cleveland Trump’s tariffs: How a 25% markup on foreign steel and aluminum will create winners and losers in Cleveland
Feb .24.2025
Trump’s tariffs: How a 25% markup on foreign steel and aluminum will create winners and losers in Cleveland