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. |
Time | TATASTEEL | VS | Industry |
---|---|---|---|
1 Day | 0.03% | 0.81% | |
1 Week | 0.68% | 3.79% | |
1 Month | -2.59% | 1.67% | |
6 Months | -22.52% | -10.47% | |
1 Year | 16.28% | 14.25% |
Period (Days) | SMA | Indication |
---|---|---|
10 | 144.24 | Bearish |
20 | 144.69 | Bearish |
30 | 146.05 | Bearish |
50 | 151.89 | Bearish |
100 | 153.66 | Bearish |
200 | 158.33 | Bearish |
Annual | FY 2024 | FY 2023 | FY 2022 | ||||
---|---|---|---|---|---|---|---|
Operating Activities | 20300.67 | 21683.08 | 44380.99 | ||||
Investing Activities | -14251.44 | -18679.84 | -10881.23 | ||||
Financing Activities | -11096.99 | -6980.69 | -23401.09 | ||||
Net Cash Flow | -5047.76 | -3977.45 | 10098.67 |
All Figures in ₹ Cr., unless mentioned otherwise
Name | 1D (%) | 1W (%) | 1M (%) | 6M (%) | 1Y (%) |
---|---|---|---|---|---|
Tata Steel | 0.03 | 0.68 | -2.59 | -22.52 | 16.28 |
APL Apollo Tubes | 0.86 | 5.83 | 2.23 | 0.14 | -7.14 |
Steel Authority of India | -0.93 | 5.33 | 3.35 | -35.86 | 35.95 |
Ratnamani Metals & Tubes | -1.38 | -3.8 | -9.88 | -8.2 | -17.08 |
Jindal Stainless | 3.17 | 7.93 | 7.22 | -21.37 | 33.98 |
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.
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.
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.
Some of the noted competitors of Tata Steel are:
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.
Pros
Cons
Metric |
Value |
---|---|
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% |
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.
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:
When comparing Tata Steel's share price to its peers, you must also compare the following metrics.
Company |
P/B Ratio |
||
---|---|---|---|
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 % |