Profit

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

NSE
465.55
Change Change %
-1.95 -0.42%

Updated:18 Feb, 2019, 15:59 PM IST

BSE
465.75
Change Change %
-1.70 -0.36%

Updated:18 Feb, 2019, 16:01 PM IST

Research Report Detail

Brokerage
Analyst
Report Date Call Price@Call Target Price
Stop Loss
Current Status Time Horizon
Credit Suisse
N/A
10-10-2016 Buy 416.75 500.00
N/A
Target Hit Long (1Y)
10-10-2017

Credit Suisse maintains outperform on Tata Steel

Credit Suisse has maintained "outperform" rating on Tata Steel with a target price of Rs 500. Imposition of anti-dumping duty in European Union is a big positive for the stock. We have increased FY18 EPS estimates by 6 per cent on higher EBITDA/tonne in Europe. Tata Steel remains cheap on EV/ EBITDA valuation.

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