Rate of tata steel share

• Tata Steel, one of the largest steelmakers in India, has seen a considerable decline in its share price over the last few weeks. • After capitalizing on steel demand from Europe and other regions since the Covid pandemic, Tata Steel now finds itself in a tough spot. • From hefty export taxes to weak domestic demand, Tata Steel is the second most indebted company in the Tata Group. Tata Steel shares have been under pressure for a while now. This week, they finally fell below the ₹1,000 level for the first time in 2022. However, the decline today is not due to the company’s fundamentals or a worsening outlook. Tata Steel’s share price declined nearly 4%, marking a decline of over 30% since peaking in April. Tata Steel share price in 2022 so far BSE / Business Insider India / Flourish Another Tata Group company – Tata Chemicals, also witnessed a 4% fall today. The common thread between both the Tata companies is that their stock went ex-dividend today. While Tata Steel declared a dividend of ₹51 per share, Tata Chemicals announced ₹12.5 per share dividend. What does a stock going ex-dividend mean? A stock going ex-dividend means that the value of the dividend is no longer included in the stock price of the company. This happens after the company declares a dividend and announces a record date. The record date is when the stock is said to be ex-dividend. All things remaining constant, if a stock is trading at ₹100 per share, and the company declares a dividend of ₹15, then t...

• Tata Steel has announced strong net profit in September quarter that grew 7 times on year to ₹12,548 crore. • An average trader may have expected the shares to jump but it didn’t. • One of the reasons for the street’s disappointment was the slow pace of debt reduction in the company. • It was the sharp fall in global steel prices that caused the bigger dent to the steel maker’s stock price. • Check out the latest news, analysis and updates on Business Insider. Those who were preparing to buy Tata Steel shares on Friday (November 12) morning ⁠— because the quarterly profit had grown a While the profit growth was a reason to celebrate, the slow reduction in debt turned out to be the party pooper. But that was just an excuse. The tide had turned downwards for steel stocks, as a whole, long before the earnings. Steel companies % returns in last 3 months Tata Steel -10% JSW Steel -11% Steel Authority of India (SAIL) -14% Jindal Steel & Power -7% The steel price index in China has declined in the last couple of days, triggering a similar collapse in other parts of the world too. “Metal stocks like Tata Steel, JSW Steel, Jindal Steel and SAIL declined 2-4 per cent after the news that China’s steel prices had declined rapidly amid weakening demand and lower material prices, and that prices are likely to slide further in the fourth quarter,” Tata Steel’s debt problem Tata Steel repaid ₹11,424 crore in the first half of the current financial year and the company has targeted addit...

TATA Steel Share Price Target 2023, 2024, 2025, 2026, 2027, 2030, Forecast, Prediction: Traders, Investor, Research Analyst are forecasting the TATA Steel Stock, we can see the TATA Steel bsl Share Target price and Fundamental Details. On this page we will see information on TATA Steel Today Share Price, TATA Steel future price, TATA Steel Stocks Fundamentals and Market cap, PE Ration etc.. we are collected all the information form It is up to them to decide for themselves whether or not to invest in TATA Steel shares. We provide you with an knowledge of TATA Steel shares through this page. We also report on the extent to which TATA Steel shares will rise in the coming years. So, You can approach their financial advisor and ask for ideas before investing in TATA Steel Shares. Contents • 1 TATA Steel Share Price Target 2025 and Forecast- Basic Details • 1.1 bhushan steel share price target 2023 • 1.2 TATA Steel Stock performance • 1.3 TATA Steel Share Target 2023 • 1.4 TATA Steel Share Price Target 2024 • 1.5 Peers of the TATA Steel • 1.6 TATA Steel Share Price Target 2025 • 1.7 TATA Steel Share Price Target 2030 • 1.8 TATA Steel Share Price Target 2040 • 1.8.1 Strength of TATA Steel • 1.8.2 Conclusion – Final Words • 1.9 What is the Tata Steel Price Target in 2025? • 1.10 Who is the Peers of the Tata Steel? • 1.11 What is the Tata steel Intraday Target? TATA Steel Share Price Target 2025 and Forecast- Basic Details As on Date 23.01.2023, Nifty Spot is 18118. TATA Steel is ...

Shares of JSW Steel closed 2.08 percent higher at Rs 772.75 apiece on BSE on Wednesday. Meanwhile, IDBI Capital recommended ‘Hold’ on the stock with a target price of Rs 720 per share, indicating a potential downside of 6 per cent from Wednesday's closing price. Tata Steel shares ended in green with 2.39 percent gain on Wednesday at Rs 113.75 apiece on BSE. Last month, financial services firm Centrum recommended a ‘buy’ rating on the stock with a target price of Rs 133. Hindalco was one of the top gainers in the Nifty pack on Wednesday and shares of the company closed at Rs 425 apiece, up 0.89 per cent on BSE. The metal stock hit a session’s high of Rs 430.1 on BSE. Earlier this month, financial services firm Geojit recommended a ‘Hold’ rating on Hindalco stock at a target price of Rs 440 apiece. APL Apollo Tubes Ltd shares closed 4.3 per cent higher at Rs 1349.1 apiece on BSE on Wednesday. China’s surprise rate cut indicates a recovery in Asia’s largest economy going forward and the move is aimed at advancing growth in the country. This is a positive development for metal companies as China’s export steel price rose 14 percent so far in the calendar year 2023. As per recent economic indicators, China’s inflation remained close to zero in May 2023, while the manufacturing Purchasing Managers' Index (PMI) rose to an 11-month peak, indicating an enhanced economic recovery. Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calc...

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“Nifty has been inching gradually higher but facing difficulty in holding above 18,700 levels. Participants should maintain “buy on dips” approach till it holds 18,400. We reiterate our preference for sectors like auto, FMCG & realty and suggest picking selectively from the midcap and smallcap pack as well,” said Religare Broking Nifty Technical view “Banking index is currently hovering around the immediate support of short-term moving average i.e. 20 EMA. Mixed trend within the private banking space is keeping the participants guessing over the next directional move. We suggest limiting positions to select private banking majors and waiting for clarity,” Religare Broking said Bank Nifty Technical view

"Tata Steel’s share price has formed a strong base around Rs 100 over the past few months factoring in a host of negatives," the brokerage said, adding that the share price is seen resolving out of six months base formation, which resembles a cup and handle bullish formation. ICICIdirect expects the share price to head towards Rs 127, which is an 80% retracement of the April–June 2022 decline (Rs 138-83) over the next few months while strong support is placed at Rs 98. Global brokerage Jefferies has also upgraded Tata Steel to buy with a target of Rs 150. "We find Tata Steel attractive on valuations with the stock trading at its long-term average PB and EV/IC multiples of 1.0x despite higher ROE (10-13% in FY24-25E vs 8% LT average), the rising share of higher-margin India business in volumes and continued deleveraging," Jefferies analyst Nitij Mangal said. Among all the (Disclaimer: Recommendations, suggestions, views, and opinions given by the experts are their own. These do not represent the views of The Economic Times) Don’t miss out on ET Prime stories! Get your daily dose of business updates on WhatsApp.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 84% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Tata Steel share price forecast: Can it withstand high rates? Photo: rafapress / Shutterstock.com Despite reporting a strong performance in 2022, Tata Steel (TATASTEEL) shares have fallen in the last five days. The flagship company of multinational Indian conglomerate Tata Group, like its peer, is facing a slew of headwinds that may prove tough to beat Risks from monetary tightening policy – both at home and abroad – to tame high inflation; the Russia-Ukraine war’s impact on energy prices; and a slowing economy in China, the world’s top steel consumer, due to fresh Covid-19 lockdowns, have all cast a shadow over global steel demand. At the time of writing (13 May), Tata Steel’s share at the National Stock Exchange of India ( Tata Steel along with a few of its competitors, including JSW Steel (JSWSTEEL) and Jindal Steel & Power (JINDALSTEL), were also among the top losers at the Nifty Metal Index, which fell 3.51% on 12 May. The index has fallen more than 20% since hitting a 52-week high of 6,825.65 on 11 April. The broader In India, the Reserve Bank of India (RBI) on 5 May raised the repo rate by 40 basis points (bps) to 4.40% to keep inflation in check. The Economic Times ...