Tata Steel

Tata Steel

TATASTEEL

 ₹ 143.60
 ₹ 0.04
0.03%
Iron & Steel
 ₹ 0.00
(%)1D
Updated: 04 Dec 2024, 03:31:05 pm IST
Stock Score
Open Price
 ₹ 144.74
Prev. Close
 ₹ 143.56
 ₹ 141.75
Day Low
 ₹ 144.80
Day High

 ₹ 124.89
52 Week Low
 ₹ 196.18
52 Week High

Quick Bite

Price To Earnings Ratio

-40.34

Sector PE

22.98

PB Ratio

1.98

Sector PB

5.57

EPS

-3.56

Dividend Yield

2.31

Today's Volume

40.994 M

5 Day Avg. Volume

31.516 M

PEG Ratio

0.27

Market Cap.

₹ 1,80,000.00 Cr.

Returns Comparison

TimeTATASTEELVSIndustry
1 Day0.03%0.81%
1 Week0.68%3.79%
1 Month-2.59%1.67%
6 Months-22.52%-10.47%
1 Year16.28%14.25%

StockGro Trade Views 👍

StockGro Trade Views 👍

Technical Trend

Bearish
academy home
Bearish
Neutral
Bullish

Pivot Levels

R3 ₹ 148.07
R2 ₹ 146.43
R1 ₹ 145.02
RESISTANCE
 ₹ 143.38
SUPPORT
S1 ₹ 141.97
S2 ₹ 140.33
S3 ₹ 138.92

Updated: 22 Jul 2024,09:18:33 am IST

Moving Averages

Strong Sell
Sell
Neutral
Buy
Strong Buy
Sell
6
Buy
0
Period (Days)SMAIndication
10144.24Bearish
20144.69Bearish
30146.05Bearish
50151.89Bearish
100153.66Bearish
200158.33Bearish

Updated: 04 Dec 2024, 03:30:00 pm IST

Analyst Rankings 👍

Analyst Rankings 👍

Shareholding Updates

PromotersPublicDIIFIIOthers
33.19%
Promoters
Sep 2024
Promoters  33.19%
FII  19.25%
DII  22.86%
Public  24.01%
Others  0.69%

Mutual Fund Ownership 👍

Mutual Fund Ownership 👍

Cash Flow

AnnualFY 2024FY 2023FY 2022
Operating Activities20300.6721683.0844380.99
Investing Activities-14251.44-18679.84-10881.23
Financing Activities-11096.99-6980.69-23401.09
Net Cash Flow-5047.76-3977.4510098.67

All Figures in ₹ Cr., unless mentioned otherwise

Ratios

Return on Equity (%)

Income Statement

All Figures in ₹ Cr., unless mentioned otherwise

Balance Sheet

All Figures in ₹ Cr., unless mentioned otherwise

Peer Comparison

Name1D (%)1W (%)1M (%)6M (%)1Y (%)
Tata Steel0.030.68-2.59-22.5216.28
APL Apollo Tubes0.865.832.230.14-7.14
Steel Authority of India-0.935.333.35-35.8635.95
Ratnamani Metals & Tubes-1.38-3.8-9.88-8.2-17.08
Jindal Stainless3.177.937.22-21.3733.98
Returns as on 05 Dec, 2024

About Tata Steel

Tata Steel Ltd is an India-based steel company. The Company is engaged in the manufacturing and marketing of crude steel products. It operates through three segments: flat products, long products and special products. Its flat products include flat steel, plate, and sheet steel; hot and cold rolled coils; electrical steels, such as mild and high-strength steel bars, wire rods, wires and cables; and stainless steel.

Tata Steel Share Price

Fundamental analysis of Tata Steel Limited

Tata Steel products are everywhere, from household appliances and cars to consumer packaging and industrial equipment. As a fully integrated operation, Tata Steel mines, manufactures, and markets its products. Since 1907, it has been a cornerstone of India's industry, growing into a global leader with operations in 26 countries and a reputation for strong financial performance.

Investors have been positively related to Tata Steel's share price due to their smart growth strategies and investment ventures. In this article, we'll explore Tata Steel's share price history to reveal the company's potential in the stock market.

About Tata Steel Limited

In the bustling town of Jamshedpur, back in 1907, Jamsetji Tata started Tata Steel Ltd with a big dream. Today, it's one of the world’s 10th largest steel companies with an impressive annual crude steel production capacity of 35 million tons per annum (MTPA).

It is operating across 5 continents and is present in over 50 countries, proving itself to be a global powerhouse. Tata Steel's share price today reflects its strong market presence and strategic leadership under Natarajan Chandrasekaran, the Executive Director and Chairman.

Tata Steel recorded a consolidated turnover of $30.3 billion for the year ending March 31, 2023. Its Raw Material Division supplies nearly 100% of the iron ore and 21% of the clean coal needed for its steel manufacturing in India, with the rest being imported.

Recently, Tata Steel has focused on its core businesses and profit growth, investing in new technologies to improve efficiency. These efforts have positively impacted Tata Steel’s share price chart.

Is the steel industry a good investment for investors?

Investing in the steel industry, particularly in India, presents a promising opportunity for investors due to several compelling factors. The Indian economy is projected to become the third largest globally by 2030, and the steel industry will be integral to this growth.

In India, steel production is increasing rapidly, with the country accounting for 55.1% of global crude steel production.

The National Steel Policy 2017 aims to foster a globally competitive steel industry in India, targeting a steelmaking capacity of 300 million tonnes and a per capita consumption of 160 kg by FY30-31. Companies like Tata Steel are expected to be major beneficiaries of this policy, positively influencing the Tata Steel share price today.

Competitors of Tata Steel Ltd. in the steel industry

Some of the noted competitors of Tata Steel are:

History of Tata Steel Ltd.

From fulfilling steel requirements during World War I to becoming India's top steel company, Tata Steel has navigated significant milestones. These achievements have profoundly influenced Tata Steel's share price history, reflecting its journey from adversity to leadership in the global steel industry. Let's explore its journey briefly.

  • Incorporation: Tata Steel was founded by Jamsetji Tata in 1907 as Tata Iron and Steel Company (TISCO), with its main plant in Jamshedpur, India. Production began in 1911.
  • Financial Milestone: In 1917, Tata Steel issued 150,000 equity shares and 26,250 deferred shares, marking a significant event in Tata Steel's share price history.
  • Infrastructure: Tata Steel's extensive operations and significant production capabilities in the global steel industry are reflected in its capacities: Tata Steel India at 19.6 MTPA, Tata Steel Long Products at 1 MTPA, Tata Steel Europe at 12.4 MTPA, and Tata Steel South East Asia at 1.4 MTPA. The company operates from key locations including Jamshedpur, Tarapur, Pithampur & Killa in Indore, Kharagpur, and Bengaluru.
  • Major Acquisition: A monumental moment came in 2007 when Tata Steel acquired the Anglo-Dutch steelmaker Corus Group in a $12 billion deal, becoming one of the world's largest steel producers.
  • Product range: Tata Steel offers a diverse product range including hot-rolled and cold-rolled steel, coated coils, tubes, rebar, and wire rods.
  • Certifications- Tata Steel is an IMS Certified Company, holding certifications including ISO certifications for quality.
  • Awards and recognitions- Tata Steel has garnered acclaim for its environmental management, energy conservation, and responsible business practices, earning accolades like the Environmental Best Practices Award from CII in 2020, which contributes to setting optimistic Tata Steel share price targets.

Company profile of Tata Steel Ltd.

Pros

  • Global Leader- As a global leader in the steel industry, Tata Steel's share price today is Rs. 180, and is poised for growth, reflecting its prominent position and potential for further advancement.
  • Commitment to Sustainability- Tata Steel is dedicated to sustainability, with goals such as achieving carbon neutrality across its operations by 2045 and zero net water consumption by 2030.
  • Strong Financial Performance- Tata Steel plans to double steel production capacity in India, showcasing resilience through steel cycles and the successful reduction of net debt.
  • Tata Steel’s share price forecast- With India's rapid economic growth demand for steel products is expected to rise significantly by 2030. Tata Steel plans to expand its operations in India from 19.6 MTPA to 40 MTPA by FY 2030. These factors are likely to positively impact the Tata Steel share price forecast.

Cons

  • Cyclical Industry Risks- The steel industry is susceptible to economic fluctuations, affecting demand and oversupply from international markets.
  • Raw Material Prices- Fluctuations in prices of critical raw materials like iron ore and coking coal impact Tata Steel's share price chart as well.
  • Environmental Challenges- Tata Steel encounters environmental regulations, with emissions standards and waste management to minimise their ecological impact.

Financial performance of Tata Steel’s share price

Metric

Value

Market Cap

Rs. 2,08,662 Cr.

Tata Steel Share Price

Rs. 180

EBITDA

Rs 23,402 crores

Revenue

Rs. 2,43,353 Cr

Operating Profit

6,601

Net Profit

555

EPS (Rs. )

0.49

ROCE (Return on Capital Employed)

20.62%

ROE (Return on Equity)

8.33%

Face Value

Rs. 1.00

Book Value

2.28

As of June 19, 2024, Tata Steel's share price stands at Rs. 180.06, driven by strong quarterly earnings and strategic investments in technology and sustainability.

Shareholding pattern of Tata Steel Ltd.

The shareholding pattern significantly influences Tata Steel's share price chart, showcasing the confidence various investor categories have in the company's market position and growth prospects. Here is an overview:

Peer multiple comparison

When comparing Tata Steel's share price to its peers, you must also compare the following metrics.

Company

P/E Ratio

P/B Ratio

Dividend Yield (Avg.)

Tata Steel Ltd

0.00

2.28

2.15 %

JSW Steel Ltd

26.00

2.78

0.00%

Jindal Steel & Power Ltd

18.00

2.37

0.19 %

Tube Investments of India Ltd

105.00

13.65

0.11 %

Steel Authority of India Ltd

18.00

1.15

0.63 %

Tata Steel FAQs

How to Buy Tata Steel Share?

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To purchase Tata Steel shares, you can open a Demat & Trading account through a broker or financial institution. Once your account is set up and funded, search for Tata Steel (ticker symbol: TATASTEEL) on the trading platform provided by your broker and purchase the shares.

What's Tata Steel share price today?

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The stock price of Tata Steel as of 04 Dec 2024 is ₹143.60

What is the Market Cap of Tata Steel?

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Market capitalisation represents the total market value of a company's outstanding shares. As of 04 Dec 2024, Tata Steel (ticker symbol: TATASTEEL) has a market capitalisation of approximately ₹18,00,00,00,00,000.00

What is the PE and PB ratio of Tata Steel?

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Tata Steel Ltd's price-to-book ratio as of 04 Dec 2024 is 1.98, reflecting the market's valuation compared to its asset value. As of 04 Dec 2024, the trailing twelve months P/E (price-to-earnings) ratio is -40.34, indicating the market values the company at around - ₹40.34 for every ₹1 of earnings

What is the 52 Week High and Low of Tata Steel Share?

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Tata Steel Ltd (TATASTEEL) hit its 52-week high at ₹196.18, and its 52-week low at ₹124.89.
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