Industry News

Buy Tata Steel, target price Rs 135: JM Financial

Views : 205
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 >>
Rising oil prices pressure Vietnam’s inflation control targets Rising oil prices pressure Vietnam’s inflation control targets
Mar .24.2026
Rising oil prices pressure Vietnam’s inflation control targets
South Africa raises AD duties on structural steel from China & Thailand South Africa raises AD duties on structural steel from China & Thailand
Mar .24.2026
South Africa raises AD duties on structural steel from China & Thailand
Rise and fall in LME aluminium: cash climbs to $3,329/t, stocks slip nearly 1% Rise and fall in LME aluminium: cash climbs to $3,329/t, stocks slip nearly 1%
Mar .24.2026
Rise and fall in LME aluminium: cash climbs to $3,329/t, stocks slip nearly 1%
Macro geopolitical risks have yet to subside, and aluminium prices have maintained a fluctuating pattern Macro geopolitical risks have yet to subside, and aluminium prices have maintained a fluctuating pattern
Mar .24.2026
Macro geopolitical risks have yet to subside, and aluminium prices have maintained a fluctuating pattern