Profit

BSE Code: | NSE Code: | ISIN: | Sector:

NSE
624.40
Change Change %
11.65 1.90%

Updated:19 Sep, 2018, 12:59 PM IST

BSE
624.65
Change Change %
12.20 1.99%

Updated:19 Sep, 2018, 13:01 PM IST

Research Report Detail

Brokerage
Analyst
Report Date Call Price@Call Target Price
Stop Loss
Current Status Time Horizon
Macquarie
N/A
07-04-2016 Sell 325.65 229.00
N/A
Closed Long (1Y)
07-04-2017

Macquarie maintains underperform on Tata Steel

Macquarie maintains underperform on Tata Steel for target price of Rs 229 per share. It says investors should book profits in Tata Steel and current valuations capture all the positives. Macquarie sees it difficult for Tata Steel to find a buyer in Europe and pension liability will still remain leaving it open to downside risks.

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