Tata Steel Ltd
TATASTEEL

480.20

Open ()
Turnover (lac)
Prev. Close ()
Day's Vol.(shares)

479.90

Open ()
Turnover (lac)
Prev. Close ()
Day's Vol.(shares)

481.25

Open ()
Open Interest
(Contracts)
VWAP ()
Day's Vol
(shares)
Detailed Quote

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Accumulate
Reco. Price
Rs 524.60
We recommend an ACCUMULATE based on bottom line returning to positive in FY17E. This will be driven by ramping up of Kalinganagar plant and stability at UK operations. The stock is currently trading at an FY18E P/E of 11.1x. (Target Price - Rs524.6)
Detailed View
50 DMA (.)
476.34
100 DMA (.)
442.19
200 DMA (.)
405.88
Weekly Range (.)
474.65
499.90
Monthly Range (.)
462.20
508.75
52 Weeks Range (.)
296.30
508.75
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