Dr CK Narayan of Chart Advise has a buy call on Tata Steel Ltd.
with a target price of Rs 475.
The current market price of Tata Steel Ltd.
is Rs 463.8.
Time period given by the analyst is Intra Day when Tata Steel Ltd.
price can reach the defined target.
Dr CK Narayan recommended to keep stoploss at Rs 458.
Tata Steel Ltd., incorporated in 1907, is a largecap company with a market cap of Rs 55847.35 crore.
Tata Steel Ltd.
key Products/Revenue Segments include Steel Steel Products which contributed Rs 57614.48 Crore to Sales Value (95.20 % of Total Sales), Power which contributed Rs 1690.60 Crore to Sales Value (2.79 % of Total Sales), Other Operating Revenue which contributed Rs 1066.14 Crore to Sales Value (1.76 % of Total Sales) and Other Services which contributed Rs 148.15 Crore to Sales Value (0.24 % of Total Sales)for the year ending 31-Mar-2018.
For the quarter ended 30-09-2018, the company has reported a Consolidated sales of Rs 42946.98 Crore, up 14.73 % from last quarter Sales of Rs 37434.03 Crore and up 33.79 % from last year same quarter Sales of Rs 32101.03 Crore Company has reported net profit after tax of Rs 3044.89 Crore in latest quarter.
The companys top management includes Dr.Peter Blauwhoff, Mr.Aman Mehta, Mr.Deepak Kapoor, Mr.Koushik Chatterjee, Mr.Natarajan Chandrasekaran, Mr.O P Bhatt, Mr.Ratan N Tata, Mr.Saurabh Agrawal, Mr.T V Narendran, Mr.V K Sharma, Ms.Mallika Srinivasan.
Company has Price Waterhouse Co Chartered Accountants LLP as its auditoRs As on 31-12-2018, the company has a total of 1,204,125,710 shares outstanding.