Buy Tata Steel, target price Rs 625: ICICI Direct
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Update time : 2020-11-24 15:27:31
ICICI Direct has given a buy rating to Tata Steel with a target price of Rs 625. The share price moved up by 0.21 per cent from its previous close of Rs 542.70. The stock’s last traded price is Rs 543.85.
Tata Steel Ltd. NSE 0.85 %, incorporated in the year 1907, is a Large Cap company (having a market cap of Rs 65396.14 Crore) operating in Metals - Ferrous sector.
Tata Steel Ltd. key Products/Revenue Segments include Steel & Steel Products which contributed Rs 57167.71 Crore to Sales Value (94.59 % of Total Sales), Power which contributed Rs 1647.86 Crore to Sales Value (2.72 % of Total Sales) and Other Operating Revenue which contributed Rs 1620.40 Crore to Sales Value (2.68 % of Total Sales)for the year ending 31-Mar-2020.
