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Buy Tata Steel, target price Rs 135: JM Financial

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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.

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