Profit

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

NSE
621.20
Change Change %
8.45 1.38%

Updated:19 Sep, 2018, 15:59 PM IST

BSE
620.45
Change Change %
8.00 1.31%

Updated:19 Sep, 2018, 16:01 PM IST

Research Report Detail

Brokerage
Analyst
Report Date Call Price@Call Target Price
Stop Loss
Current Status Time Horizon
CLSA
N/A
06-01-2014 Sell 414.00 310.00
N/A
Closed Long (1Y)
06-01-2015

CLSA maintains sell on Tata Steel

Too much optimism is priced in the stock. India margins likely to weaken. Too early to argue big about recovery in Corus' margins. Stock trading at rich valuations of 6.6-times FY16 EV/EBITDA. Target Rs 310.

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