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Tata Steel UK signs contract with Tenova for electric arc furnace to reduce carbon emissions by 90% by 2027, supported by GBP 1.25 billion investment.
Tata Steel Ltd Analyst Rating
based on 29 analysts
41.38%
Buy
34.48%
Hold
24.14%
Sell
Based on 29 analysts offering long term price targets for Tata Steel Ltd. An average target of ₹169.28
Source: S&P Global Market Intelligence
Tata Steel Ltd Share analysis
Tata Steel Ltd price forecast by 29 analysts
Upside of8.94%
High
₹200
Target
₹169.28
Low
₹135
Tata Steel Ltd target price ₹169.28, a slight upside of 8.94% compared to current price of ₹155.03. According to 29 analysts rating.
Excluding Excise Duty and Other Income, represents Net Revenue
Tata Steel Ltd revenue growth forecast
Expected growth rate Q1, FY2026:9.81%
Forecast
Actual
Including amortisation and stock based compensations
Tata Steel Ltd EPS growth forecast
EPS estimate Q1, FY2026:
Forecast
Actual
Source: S&P Global Market Intelligence
Tata Steel Ltd Performance
Day's Low
Day's High
₹154.59₹157.9352 Week's Low
52 Week's High
₹114.6₹184.6
| Returns % | |
| 1 Month Return | + 0.91 % |
| 3 Month Return | -3.08 % |
| 1 Year Return | + 29.49 % |
| Market Stats | |
| Previous Close | ₹155.39 |
| Open | ₹156.10 |
| Volume | 2.58Cr |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹1,93,981.53Cr |
Tata Steel Ltd Key Statistics
| P/E Ratio | -45.84 |
| PEG Ratio | 9.69 |
| Market Cap | ₹1,93,981.53 Cr |
| P/B Ratio | 1.43 |
| EPS | -3.94 |
| Dividend Yield | 2.31 |
| Sector | Steel |
| ROE | 7.79 |
Tata Steel Ltd Peer Comparison
Company | Analyst View | Market Cap | 5 Year CAGR | Debt to Asset Ratio | Net Profit | Yearly Revenue |
|---|---|---|---|---|---|---|
| HOLD | ₹1,93,981.53 Cr | 67.67% | 0.64 | -₹4,910 Cr | ₹2,29,170 Cr | |
| BUY | ₹1,69,327.77 Cr | 61.13% | 0.57 | ₹10,155 Cr | ₹2,15,962 Cr | |
| BUY | ₹2,42,735.76 Cr | 70.36% | 0.73 | ₹8,973 Cr | ₹1,75,006 Cr | |
| BUY | ₹1,88,031.01 Cr | 44.48% | 0.74 | ₹7,537 Cr | ₹1,43,727 Cr | |
| ₹53,296.17 Cr | 52.49% | 0.73 | ₹3,066 Cr | ₹1,05,378 Cr |
About Tata Steel Ltd
Tata Steel's product portfolio includes hot and cold rolled coils, mining products, and construction solutions. Its sub-brands like Tata Tiscon, Tata Shaktee, and Tata Structura cater to various steel needs. With operations spanning India, Europe, and Southeast Asia, Tata Steel has a global footprint. The company's European presence was significantly boosted by its acquisition of Corus Group plc in 2007, one of the largest Indian takeovers of a foreign company at the time. The company's strategic mergers and acquisitions, including the recent acquisition of Bhushan Steel (now Tata Steel BSL), have further solidified its market position and influenced its share price dynamics.
Share Price: ₹155.03 per share as on 21 Oct, 2024 04:01 PM
Market Capitalisation: ₹1,93,981.53Cr as of today
Revenue: ₹54,412.35Cr as on June 2024 (Q2 24)
Net Profit: ₹918.57Cr as on June 2024 (Q2 24)
Listing date: 03 Nov, 1994
Chairperson Name: N Chandrasekaran
| Organisation | Tata Steel Ltd |
| Headquarters | |
| Industry | Steel |
| E-voting on shares | Click here to vote |
Key events for Tata Steel Ltd
Tata Steel Signs Major Green Steelmaking Contract - 21 Oct, 2024
Tata Steel UK has entered a significant agreement with Tenova to implement a state-of-the-art electric arc furnace at its Port Talbot site, aiming for a 90% reduction in carbon emissions by 2027. This partnership is part of a GBP 1.25 billion joint investment with the British government, enhancing sustainable steel production in the UK.
Tata Steel Partners for Decarbonization Project - 18 Oct, 2024
Tata Steel has signed a contract with Tenova for an electric arc furnace at its Port Talbot plant, part of a £1.25 billion decarbonization project. This initiative aims to significantly reduce carbon emissions by 90% upon commissioning in 2027.
Tata Steel Faces Profit Drop Amid New Logistics Deal - 17 Oct, 2024
Tata Steel is experiencing challenges with potential profit declines due to low steel prices and weak demand. Meanwhile, Western Carriers has been appointed for logistics at the TSSIJ plant, valued at Rs 41 crore.
Tata Steel CEO Elected World Steel Chair Amid Import Concerns - 15 Oct, 2024
TV Narendran, CEO of Tata Steel, has been elected Chairman of the World Steel Association, marking a significant achievement. However, rising steel imports are pressuring domestic margins, which may worsen in FY25.
Tata Steel Faces Challenges Amid Positive Outlook - 14 Oct, 2024
JM Financial has issued a BUY rating for Tata Steel, targeting Rs 190 per share. The government plans to tighten quality norms on imports, while CEO T. V. Narendran highlights China's predatory pricing as a threat to the Indian steel industry.
Noel Tata Appointed Chairman of Tata Trusts - 12 Oct, 2024
Noel Tata has been appointed as the Chairman of Tata Trusts following the passing of Ratan Naval Tata. This decision was made during a board meeting focused on succession planning.
Tata Steel Shares Surge Amid Mixed Earnings Outlook - 11 Oct, 2024
Tata Steel shares showed strong performance, reaching an intraday high, despite forecasts of a significant dip in Q2 profits. Investor interest remains high.
Tata Steel Faces Downgrade Amid Leadership Loss - 10 Oct, 2024
Tata Steel reported a significant profit increase but faced a downgrade from Kotak due to valuation concerns. The passing of Ratan Tata adds to market sentiment uncertainty.
IFQM Hosts Symposium to Promote Quality and Innovation - 09 Oct, 2024
The Indian Foundation for Quality Management will host its inaugural symposium on October 15 in Delhi, focusing on fostering quality and innovation across various sectors.
Tata Steel Faces Market Cap Decline Amid Downturn - 08 Oct, 2024
On October 8, 2024, Tata Steel's stock fell by over 3%, leading to a market cap drop of ₹6,376 crore. The decline is attributed to broader market pressures and weak performance in metal stocks.
Tata Steel Reports Growth Amid Educational Initiative - 07 Oct, 2024
Tata Steel reported a 5% YoY increase in Q2 steel production and deliveries. The company also partnered with Punjab to enhance technical education for ITI students.
Tata Steel Updates: Ratings, Investments, and Legal News - 04 Oct, 2024
Tata Steel's stock sees mixed news with a new BUY rating from JM Financial, a green steel project investment, and legal challenges regarding a joint venture. Shares show a modest rise amid market fluctuations.
Morgan Stanley Upgrades Tata Steel Rating and Target - 03 Oct, 2024
Morgan Stanley has upgraded Tata Steel's rating to equal-weight from underweight, increasing the price target to Rs 175, reflecting positive market expectations for Indian steel companies.
Tata Steel Transitions to Greener Steelmaking - 02 Oct, 2024
Tata Steel's Port Talbot plant has closed its Blast Furnace 4, ending traditional steelmaking. The company plans a £1.25 billion investment in electric arc furnace technology, supported by a £500 million UK government grant, ensuring a sustainable future and job preservation.
Tata Steel Shuts Down Major Operations at Port Talbot - 01 Oct, 2024
Tata Steel has officially halted operations at Blast Furnace 4 in Port Talbot, ending over a century of ironmaking. The company plans to invest £1.25 billion in electric arc furnace technology, aiming to resume production by 2027 or 2028, focusing on sustainable steelmaking.
Tata Steel Transitions to Green Steelmaking Amid Job Losses - 30 Sep, 2024
Tata Steel has ceased operations at its Port Talbot plant's Blast Furnace 4, marking the end of traditional steelmaking. The company plans to invest £1.25 billion in Electric Arc Furnace technology, transitioning to greener production methods. This shift will result in significant job losses but aims to secure future employment through sustainable practices. Market analysts remain bullish on Tata Steel shares, recommending a BUY with a target price of Rs 175.
Tata Steel Shows Strong Performance and Upside Potential - 27 Sep, 2024
Tata Steel is experiencing a bullish trend with a breakout from consolidation, trading positively at Rs 168.24. CLSA projects a 19% upside, highlighting strong fundamentals and favorable market conditions.
Tata Steel Exhibits Bullish Momentum and Breakout - 25 Sep, 2024
Tata Steel has demonstrated a consolidation breakout with a spike in trading volumes, suggesting a strong bullish outlook and potential for further gains.
Tata Steel Shares Rise After New Furnace Inauguration - 24 Sep, 2024
Tata Steel's stock saw a rise of over 3% following the inauguration of a new blast furnace at its Kalinganagar plant in Odisha, reflecting positive market sentiment.
Tata Steel Expands Capacity, Shares Rise Post Announcement - 23 Sep, 2024
Tata Steel has successfully commissioned India's largest blast furnace, boosting capacity to 8 million tonnes. Following this, shares gained over 1%, reflecting positive market sentiment.
Insights on Tata Steel Ltd
Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.
POSITIVE IMPACTProfit Spike
Netprofit is up for the last 4 quarters, -6.19K Cr → 959.61 Cr (in ₹), with an average increase of 453.1% per quarter
- POSITIVE IMPACT
MF Holding Up
Mutual Funds have increased holdings from 10.32% to 10.62% in Sep 2024 quarter
- POSITIVE IMPACT
Retail Holding Up
Retail Investor have increased holdings from 22.96% to 24.01% in Sep 2024 quarter
NO EFFECTPromoter Holding Unchanged
Promoters holdings remained unchanged at 33.19% of holdings in Sep 2024 quarter
- NO EFFECT
Against Peers
In the last 1 year, Jindal Steel & Power Ltd has given 50.7% return, outperforming this stock by 21.2%
- NO EFFECT
Against Peers
In the last 3 years, Jindal Steel & Power Ltd has given 122.3% return, outperforming this stock by 104.2%
NEGATIVE IMPACTFII Holding Down
Foreign Institutions have decreased holdings from 19.68% to 19.25% in Sep 2024 quarter
- NEGATIVE IMPACT
Revenue Fall
Revenue is down for the last 2 quarters, 58.90K Cr → 55.12K Cr (in ₹), with an average decrease of 6.4% per quarter
- NEGATIVE IMPACT
Price Dip
In the last 6 months, TATASTEEL stock has moved down by -4.0%
Tata Steel Ltd Infographics
Tata Steel Ltd Q2 FY2023-2024 Results: Key Insights
Let's find out how Tata Steel performed this quarter (Q2FY24)
News
JK Lakshmi Cement Approves Corporate Restructuring, To Merge With Three Subsidiaries
Shareholders of Udaipur Cement works will get four shares of JK Lakshmi for every 100 shares held, whereas no shares will be issues for the merger of Hansdeep Industries and Hidrive Developers.31 Jul, 2024 10:36 PMJK Lakshmi Cement Q1 Profit Down 15.27%, Sales Drop 9.61%
JK Lakshmi Cement reported a 15.27% decline in Q1 profit to Rs 67.60 crore, while revenue from operations fell 9.61% to Rs 1,563.88 crore.01 Aug, 2024 02:01 AMNot found. Sign Up to RSS.app to use this feed.
Not found. Sign Up to RSS.app to use this feed. - create a new RSS feed at RSS.app. - (tP041QdxA6YGGUsb)23 Aug, 2024 05:37 AMTata Steel Ltd Financials
Index Inclusions
Tata Steel Ltd Shareholding Pattern
| Investors | Holdings % | FY Quarter | 3M change |
|---|---|---|---|
| Promoter Holdings | 33.19% | 0.00 | |
| Foreign Institutions | 19.25% | ||
| Mutual Funds | 10.62% | 2.84 | |
| Retail Investors | 24.01% | 4.57 | |
| Others | 12.93% |
Tata Steel Ltd Key Indicators
Tata Steel Ltd Valuation
Tata Steel Ltd in the last 5 years
Lowest (-109.80x)
March 30, 2021
Today (-45.84x)
October 18, 2024
Industry (25.87x)
October 18, 2024
Highest (98.47x)
September 15, 2023
Tata Steel Ltd Earnings and Dividends
Tata Steel Ltd Earnings Results
Tata Steel Ltd’s net profit jumped 51.37% since last year same period to ₹959.61Cr in the Q1 2024-2025. On a quarterly growth basis, Tata Steel Ltd has generated 56.93% jump in its net profits since last 3-months.
Read More about Earnings ResultsTata Steel Ltd Dividends May,2024
In the quarter ending March 2024, Tata Steel Ltd has declared dividend of ₹3.60 - translating a dividend yield of 2.32%.
Read More about Dividends
Tata Steel Ltd Technicals Summary
Bearish
Neutral
Bullish
Tata Steel Ltd is currently in a Bearish trading position according to technical analysis indicators.
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Tata Steel Ltd (TATASTEEL) share price today is ₹155.03
Tata Steel Ltd is listed on NSE
Tata Steel Ltd is listed on BSE
- Today’s highest price of Tata Steel Ltd is ₹157.93.
- Today’s lowest price of Tata Steel Ltd is ₹154.59.
PE Ratio of Tata Steel Ltd is -45.84
PE ratio = Tata Steel Ltd Market price per share / Tata Steel Ltd Earnings per share
Today’s traded volume of Tata Steel Ltd(TATASTEEL) is 2.58Cr.
Today’s market capitalisation of Tata Steel Ltd(TATASTEEL) is ₹193981.53Cr.
| Tata Steel Ltd(TATASTEEL | Price |
|---|---|
52 Week High | ₹184.6 |
52 Week Low | ₹114.6 |
Tata Steel Ltd(TATASTEEL) share price is ₹155.03. It is down -16.02% from its 52 Week High price of ₹184.6
Tata Steel Ltd(TATASTEEL) share price is ₹155.03. It is up 35.28% from its 52 Week Low price of ₹114.6
| Tata Steel Ltd(TATASTEEL | Returns |
|---|---|
1 Day Returns | -0.36% |
1 Month Returns | 0.91% |
3 Month Returns | -3.08% |
1 Year Returns | 29.49% |