Tata Steel share price: Buy Tata Steel, target price Rs 1400: ICICI Direct - growmudra

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Buy Tata Steel, target price Rs 1400: ICICI Direct

14 Dec , 2021 By : monika singh

Buy Tata Steel, target price Rs 1400: ICICI Direct

ICICI Direct has buy call on Tata Steel NSE -0.24 % with a target price of Rs 1400. The current market price of Tata Steel Ltd. is Rs 1163.95.

Time period given by analyst is one year when Tata Steel Ltd. price can reach defined target.

Tata Steel Ltd., incorporated in the year 1907, is a Large Cap company (having a market cap of Rs 139618.53 Crore) operating in Metals - Ferrous sector.
Tata Steel Ltd. key Products/Revenue Segments include Steel & Steel Products, Power and Other Operating Revenue for the year ending 31-Mar-2021.

Financials
For the quarter ended 30-09-2021, the company reported a Consolidated Total Income of Rs 60553.63 Crore, up 13.11 % from last quarter Total Income of Rs 53534.04 Crore and up 62.01 % from last year same quarter Total Income of Rs 37376.13 Crore. Company reported net profit after tax of Rs 12362.44 Crore in latest quarter.

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