Business & Investment

Tata Steel Stock Price: Buy Tata Steel, Target Price Rs 715: Motilal Oswal

Motilal Oswal Is calling for a buy at a target price of 715 rupees. Tata Steel Ltd. The current market price of is 685.15 rupees.

Founded in 1907, Tata Steel Ltd. is a large equity company (market capitalization 82488.72 rupees) operating in the metal-iron sector.

Finance
Consolidated sales for the quarter ended September 30, 2020 were Rs 37153.99, an increase of 52.97% from the previous quarter and an increase of 9.43% from the same period last year. Sales of Rs 33953.75 reported net income. After tax of Rs 1591.52 in the latest quarter.


investment The rationale
Moved north to counteract that downward trend


Promoter / FII Holdings
As of September 30, 2020, the promoter holds a 34.4% stake in the company, with FII holding a 11.5% stake, DII holding a 30.1% stake, and public institutions and others holding a 24% stake.



Tata Steel Stock Price: Buy Tata Steel, Target Price Rs 715: Motilal Oswal

https://economictimes.indiatimes.com/markets/stocks/recos/buy-tata-steel-target-price-rs-715-motilal-oswal/articleshow/80742514.cms Tata Steel Stock Price: Buy Tata Steel, Target Price Rs 715: Motilal Oswal

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