Profit

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

NSE
621.80
Change Change %
0.60 0.10%

Updated:21 Sep, 2018, 09:04 AM IST

BSE
630.00
Change Change %
9.55 1.54%

Updated:21 Sep, 2018, 09:07 AM 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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