Time period given by analyst is Intra Day when Tata Steel Ltd. price can reach defined target.
Tata Steel Ltd., incorporated in the year 1907, is a Large Cap company (having a market cap of Rs 140882.86 Crore) operating in Metals – Ferrous sector.
Tata Steel Ltd. key Products/Revenue Segments include Steel & Steel Products, Power and Other Operating Revenue for the year ending 31-Mar-2021.
Financials
For the quarter ended 30-09-2021, the company reported a Consolidated Total Income of Rs 60553.63 Crore, up 13.11 % from last quarter Total Income of Rs 53534.04 Crore and up 62.01 % from last year same quarter Total Income of Rs 37376.13 Crore. Company reported net profit after tax of Rs 12362.44 Crore in latest quarter.
Investment Rationale
Breakdown on weekly frame and cascading down from the last five sessions
Promoter/FII Holdings
Promoters held 34.41 per cent stake in the company as of 30-Oct-2021, while FIIs owned 22.38 per cent, DIIs 18.27 per cent.
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