BSE Code: | NSE Code: | ISIN: | Sector:
Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
|Open|| Long (1Y)
Edelweiss Maintains 'Buy' On Tata Steel
With the tribunal approving Tata Steel's resolution plan for Bhushan Steel, the deal is better than what the Street had estimated earlier, according to Edelweiss. Tata Steel is seen benefitting from capacity ramp-up, enhancing iron ore self-sufficiency, and possible brownfield expansion, the brokerage adds.