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
Nomura
N/A
21-01-2014 Buy 383.70 518.00
N/A
Target Hit Long (1Y)
21-01-2015

Nomura initiates Tata Steel with buy

Stable realisations and volume growth will help the company. Tata Steel will benefit from balance sheet de-leveraging - due to associated cash flows and monetization of existing investments, and ebitda kicker because of new capacities. Stock is trading at a discount to peers. Target Rs 518.

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