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Tata Steel Ltd Share Price (TATASTEEL)

₹131.850.19%

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Overview
Fundamentals
Q2 '23 Results
Technicals
News and Events

Overview of Tata Steel Ltd

Key events for Tata Steel Ltd

  • Tata Steel Acquires Wistron Unit, Plans Secondary Steel Manufacturing - 06 Dec, 2023

    Tata Steel's acquisition of Wistron Corp's India unit valued at $125 million, plans to enter secondary steel manufacturing. The company's PE ratio is at a 36% discount to its 10-year average. Downgraded due to global economic uncertainty and delayed investments.

  • Tata Launches NBFC, Tata Steel Ranks 10th Globally - 05 Dec, 2023

    Tata Group has launched a new NBFC while Tata Steel secures its position as the 10th largest company globally.

  • Tata Steel Gains as Producers Settle Contracts - 04 Dec, 2023

    Tata Steel Ltd and JSW Steel saw gains of over 1% in trading. Steel producers, including Tata Steel, are finalizing contracts with OEMs for Q4.

  • Tata Steel Completes Merger and Air India Plans Expansion - 01 Dec, 2023

    Tata Steel has completed the merger of S&T Mining Company Ltd with itself. Meanwhile, Air India, owned by Tata Group, announced plans to increase its annual cargo capacity by 300%.

  • Nvidia Partners with Reliance Industries and Tata Group in India - 30 Nov, 2023

    US-based chipmaker Nvidia has partnered with India's biggest conglomerates, Reliance Industries and Tata Group, in September 2023.

  • Tata Steel Partners for Servers; Softening Steel Prices Concerning - 29 Nov, 2023

    Tata Steel Ltd's partnership with Reliance Industries and Tata Group for deploying GPU-based servers is announced. Sudarshan Sukhani recommends buying Tata Steel stock, while Rashtriya Ispat Nigam Limited gets support to purchase raw materials. However, steel prices continue to soften.

  • Tata Steel Returns Negative; Tata Group Expands Manufacturing Facility - 28 Nov, 2023

    Tata Steel has given a negative 8.26% return over the past two years. Meanwhile, Tata Group is expanding its iPhone-casing manufacturing facility in Hosur, India.

  • Tata Steel Appoints New VP; Tata Electronics to Set Up Plant - 27 Nov, 2023

    Tata Steel appoints new VP for engineering and projects while Tata Electronics is set to establish a major plant in Hosur for phone component manufacturing.

  • Tata Steel Receives Approval for Multiple Projects - 26 Nov, 2023

    Tata Steel's HR & CR Coilplant project in Dhenkanal, valued at INR 10,351.11 crore, received approval along with Orissa Metallurgical Industry Private Limited and BMW Industries Limited projects generating employment opportunities for thousands.

  • Tata Steel Receives Approval for HR & CR Coilplant Project - 25 Nov, 2023

    Tata Steel Ltd's project to establish an HR & CR Coilplant with a production capacity of 6.50 MTPA in Dhenkanal has received approval from the High-Level Clearance Authority (HLCA). The mega-project is valued at Rs 10,351.11 crore and expected to create employment opportunities for 3,725 people.

  • Tata Steel Trades Low, Eyes Bid for NMDC Steel - 24 Nov, 2023

    Tata Steel's stock price remained low throughout the day. The company is considering bidding for NMDC Steel in Chhattisgarh.

  • Tata Steel Board Approves Allotment of Shares - 23 Nov, 2023

    Tata Steel's board approved the allotment of 7.58 crore shares to eligible shareholders of Tata Steel Long Products Limited for listing and trading on BSE and NSE. V.L.A. Ambala recommended buying Tata Steel at 125 and holding for mid-term target ranging from 130 to 150.

  • Tata Steel Allots Shares to Eligible Shareholders - 22 Nov, 2023

    Tata Steel Ltd has approved the allotment of 7.58 crore shares to eligible shareholders of Tata Steel Long Products Ltd, with a share exchange ratio of 67:10.

  • Jefferies Maintains Buy Rating on Tata Steel; Stock Among Top Gainers - 21 Nov, 2023

    Jefferies maintains buy rating on Tata Steel with a target of Rs 145 per share. The brokerage expects margin expansion in Q3 and Q4 FY24. Tata Steel stock gains 1.45% and is among the top gainers in Sensex.

  • Tata Steel Shares Close Slightly Lower - 20 Nov, 2023

    Over the past day, Tata Steel's shares have dropped slightly to close at Rs 124.25.

  • Tata Steel Sees Improved ASP and Higher Coal Costs - 17 Nov, 2023

    Tata Steel Ltd's performance review shows significant earnings upgrades. The company expects improved ASP and higher coal costs during Q3.

  • Tata Steel Sees Increase in EPS Estimate, Among Most Traded Stocks - 16 Nov, 2023

    Tata Steel's FY24 EPS estimate has been upgraded by 13.7%, while also being one of the most traded stocks on NSE in terms of volume.

  • Tata Steel Announces Job Cuts & Shift to Sustainable Production - 15 Nov, 2023

    Tata Steel announces job cuts at its Netherlands unit and plans to shift to sustainable production. The company also appoints new VP. Metal companies report better-than-expected Q2FY24 earnings.

  • Tata Steel Cuts Jobs in Netherlands; Tejas Networks Applies for BSNL Contract - 14 Nov, 2023

    Tata Steel is set to reduce 800 positions at its Ijmuiden site in the Netherlands. Meanwhile, Tata Group's Tejas Networks has applied for a BSNL contract.

  • Tata Steel Cuts Jobs in the Netherlands, Receives Approval for Amalgamation - 13 Nov, 2023

    Tata Steel Ltd's Dutch division is set to cut 800 jobs at its IJmuiden plant while the Kolkata bench of National Company Law Tribunal approved the Scheme of Amalgamation of S & T Mining Company Limited into and with Tata Steel Limited.

Analyst Rating for Tata Steel Ltd stock

based on 28 analysts

BUY
71.43%
Buy
17.86%
Hold
10.71%
Sell

Based on 28 analysts offering long term price targets for Tata Steel Ltd. An average target of ₹134.68

Source: S&P Global Market Intelligence

Tata Steel Ltd share Performance

  • ₹130.8
    ₹133.4
    ₹131.85
    downward going graph

    0.80%

    Downside

    Day's Volatility:1.97%

    Upside

    1.18%

    downward going graph
  • ₹101.55
    ₹135
    ₹131.85
    downward going graph

    22.98%

    Downside

    52 Weeks Volatility:25.37%

    Upside

    2.39%

    downward going graph
1 Month Return10.22 %
3 Month Return1.54 %
1 Year Return16.51 %
Previous Close₹131.60
Open₹132.50
Volume4.07Cr
Market Cap₹1,61,832.90Cr

Tata Steel Ltd Company Information

Tata Steel Ltd is one of the world's leading steel producers, established in 1907. It is the first integrated steel plant in Asia and is part of the Tata Group, one of India's largest business conglomerates. Its operations span across multiple lines of business, including steel, automotive, construction, engineering, and more. Tata Steel's top products include hot-rolled coils, cold-rolled coils, galvanized steel sheets, and more. Its popular brands include Tata Steelium, Tata Shaktee, Tata Tiscon, and Tata Pipes with business in more than 50 countries.

Share Price: ₹131.85 per share as on 06 Dec, 2023 04:01 PM
Market Capitalisation: ₹1,61,832.90Cr as of today
Revenue: ₹56,013.06Cr as on September 2023 (Q3 23)
Net Profit: ₹-6196.24Cr as on September 2023 (Q3 23)
Listing date: 03 Nov, 1994
Chairperson Name: N Chandrasekaran
OrganisationTata Steel Ltd
Headquarters
IndustrySteel
E-voting on sharesClick here to vote

Fundamentals of Tata Steel Ltd

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.

  • imgPOSITIVE IMPACT

    Retail Holding Up

    img

    Retail Investor have increased holdings from 22.71% to 23.02% in Nov 2023 quarter

  • imgPOSITIVE IMPACT

    Price Rise

    img

    In the last 7 days, TATASTEEL stock has moved up by 3.0%

  • imgPOSITIVE IMPACT

    MF Holding Up

    img

    Mutual Funds have increased holdings from 9.44% to 9.65% in Nov 2023 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, Jindal Steel & Power Ltd has given 154.5% return, outperforming this stock by 40.4%

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Bharat Forge Ltd has given 39.2% return, outperforming this stock by 22.7%

  • imgNEGATIVE IMPACT

    Profit Down

    img

    Netprofit is down for the last 3 quarters, 1.70K Cr → -6.19K Cr (in ₹), with an average decrease of 570.1% per quarter

  • imgNEGATIVE IMPACT

    Revenue Fall

    img

    Revenue is down for the last 3 quarters, 63.23K Cr → 56.01K Cr (in ₹), with an average decrease of 5.9% per quarter

  • imgNEGATIVE IMPACT

    Promoter Holding Down

    img

    Promoters have decreased holdings from 33.90% to 33.70% in Nov 2023 quarter

  • imgNEGATIVE IMPACT

    FII Holding Down

    img

    Foreign Institutions have decreased holdings from 20.31% to 19.84% in Nov 2023 quarter

Tata Steel Ltd Valuation

Tata Steel Ltd in the last 5 years

  • Overview

  • Trends

Lowest (-109.68x)

March 30, 2021

Today (-26.48x)

December 5, 2023

Industry (21.82x)

December 5, 2023

Highest (98.47x)

September 15, 2023

LowHigh

Tata Steel Ltd Mutual Fund Holdings

Funds Holdings
SBI Balanced Advantage Fund Direct GrowthSBI Balanced Advantage Fund Direct Growth2.25%
Aditya Birla Sun Life Flexi Cap Fund Direct Plan GrowthAditya Birla Sun Life Flexi Cap Fund Direct Plan Growth2.93%
Mirae Asset Emerging Bluechip Fund Direct Plan GrowthMirae Asset Emerging Bluechip Fund Direct Plan Growth1.46%
ICICI Prudential Balanced Advantage Fund Direct Plan GrowthICICI Prudential Balanced Advantage Fund Direct Plan Growth0.75%
Mirae Asset Large Cap Fund Direct Plan GrowthMirae Asset Large Cap Fund Direct Plan Growth1.01%

Tata Steel Ltd Shareholding Pattern

InvestorsHoldings %Prev. 4 periods3M change
Promoter Holdings
33.7%
-0.62
Foreign Institutions
19.84%
-2.28
Mutual Funds
9.65%
2.17
Retail Investors
23.02%
1.37
Others
13.79%
1.15

Technicals of Tata Steel Ltd share

News & Events of Tata Steel Ltd

News

Trade Call: Sumeet Bagadia Recommends 2 Stocks To Buy/Sell On Tuesday, Dec 5

Executive director of Choice Broking Sumeet Bagadia suggested buying two stocks on Tuesday, December 5. For Cipla and Godrej Consumer Products, the entry price,... Read more

05 Dec, 2023 09:18 AM

Health focus drives supplement popping

India Business News: The demand for supplements and nutraceuticals is on the rise, with a survey showing a significant increase in the purchase of these product... Read more

06 Dec, 2023 02:16 AM

Cipla Share Price Live Updates: Cipla Closes at Rs 1224.45 with 0.65% Gain and Trading Volume of 2,132,150 Units

Join us on the Cipla Stock Liveblog, your hub for real-time updates and comprehensive analysis on a prominent stock. Stay in the know with the latest informatio... Read more

06 Dec, 2023 08:32 AM
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Tata Steel Ltd (TATASTEEL) share price today is ₹131.85

Tata Steel Ltd is listed on NSE

Tata Steel Ltd is listed on BSE

  • Today’s highest price of Tata Steel Ltd is ₹133.4.
  • Today’s lowest price of Tata Steel Ltd is ₹130.8.

PE Ratio of Tata Steel Ltd is -26.48

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 4.07Cr.

Today’s market capitalisation of Tata Steel Ltd(TATASTEEL) is ₹161832.9Cr.

Tata Steel Ltd(TATASTEELPrice
52 Week High
₹135
52 Week Low
₹101.55

Tata Steel Ltd(TATASTEEL) share price is ₹131.85. It is down -2.33% from its 52 Week High price of ₹135

Tata Steel Ltd(TATASTEEL) share price is ₹131.85. It is up 29.84% from its 52 Week Low price of ₹101.55

Tata Steel Ltd(TATASTEELReturns
1 Day Returns
0.25%
1 Month Returns
10.22%
3 Month Returns
1.54%
1 Year Returns
16.51%