BSE Code: | NSE Code: | ISIN: | Sector:
Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
|Target Hit|| Long (1Y)
CLSA upgrades Tata Steel to buy
CLSA has upgraded Tata Steel to "buy" with a target price of Rs 500. Post FY18, steel demand will pick up. Pick up will be led by falling capacity additions. Expect a boost in Indian steel prices from FY19 onward. Indian steel prices will be less volatile in future.