TATASTEEL

TATA STEEL

Large Cap BSE: 500470 NSE: TATASTEEL
₹106.1
1.2 (1.14%)
  • Advice
  • Hold
As on 29 November, 2022 | 20:26

Tata Steel Performance

Day Range

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52 Week Range

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Tata Steel Share Price

Tata Steel Share Returns

  • Over 1 Month 4.43%
  • Over 3 Month 1.19%
  • Over 6 Month 1.68%
  • Over 1 Year -4.83%

Tata Steel Key Statistics

P/E Ratio 4.5
PEG Ratio -0.6
Market Cap Cr 129,640
Price to Book Ratio 1.1
EPS 27.1
Dividend 4.8
Relative Strength Index 55.13
Money Flow Index 42.39
MACD Signal 0.9
Average True Range 2.32

Tata Steel Investment Rating

  • Master Rating:
  • Tata Steel has an operating revenue of Rs. 253,414.20 Cr. on a trailing 12-month basis. An annual revenue growth of 56% is outstanding, Pre-tax margin of 20% is great, ROE of 35% is exceptional. The company has a reasonable debt to equity of 39%, which signals a healthy balance sheet. The stock from a technical standpoint is trading below to its 200DMA and close to its 50DMA. It needs to take out the 200DMA levels and stay above it to make any further meaningful move. From an O'Neil Methodology perspective, the stock has an EPS Rank of 44 which is a POOR score indicating inconsistency in earnings, a RS Rating of 31 which is POOR indicating the underperformance as compared to other stocks, Buyer Demand at B- which is evident from recent demand for the stock, Group Rank of 65 indicates it belongs to a poor industry group of Steel-Producers and a Master Score of C is fair but needs to improve. Institutional holding has declined in the last reported quarter is a negative sign. Overall, the stock has poor technical strength and poor fundamentals, there are superior stocks in the current market environment.

EPS Strength

Price Strength

Buyer Demand

Group Rank

Tata Steel Financials
IndicatorSep 2022Jun 2022Mar 2022Dec 2021Sep 2021Jun 2021Mar 2021
Oper Rev Qtr Cr 31,86132,02136,68131,96432,58220,79820,818
Operating Expenses Qtr Cr 27,40122,45324,44719,79619,15210,59312,015
Operating Profit Qtr Cr 4,8449,56812,23412,16813,43010,2059,188
Depreciation Qtr Cr 1,3491,3441,3801,3601,3529751,041
Interest Qtr Cr 958722646644730669830
Tax Qtr Cr 8802,0682,7992,5792,8912,1981,863
Net Profit Qtr Cr 2,6556,1147,8397,6838,7086,7806,594

Tata Steel Technicals

EMA & SMA

Current Price
106.1
1.2 (1.14%)
  • Bullish Moving Average
  • ___
  • 0
  • Bearish Moving Average
  • ___
  • 0
  • 20 Day
  • 105.07
  • 50 Day
  • 104.05
  • 100 Day
  • 105.27
  • 200 Day
  • 109.63
  • 20 Day
  • 105.35
  • 50 Day
  • 102.89
  • 100 Day
  • 102.51
  • 200 Day
  • 109.6

Tata Steel Resistance and Support

PIVOT
₹105.27
Resistance
First Resistance 106.04
Second Resistance 107.17
Third Resistance 107.94
RSI 55.13
MFI 42.39
MACD Single Line 0.9
MACD 0.77
Support
First Resistance 104.14
Second Resistance 103.37
Third Resistance 102.24

Tata Steel Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 45,250,754 1,775,639,587 39.24
Week 31,996,463 1,331,692,773 41.62
1 Month 47,345,194 1,852,617,424 39.13
6 Month 44,060,484 1,667,689,313 37.85

Tata Steel Result Highlights

Tata Steel Synopsis

NSE-Steel-Producers

Tata Steel is involved in the business activities of Manufacture of basic iron and steel. Company’s Total Operating Revenue is Rs. 129021.35 Cr. and Equity Capital is Rs. 1222.37 Cr. for the Year ended 31/03/2022. Tata Steel Ltd. is a Public Limited Listed company incorporated on 26/08/1907 and has its registered office in the State of Maharashtra, India. Company’s Corporate Identification Number(CIN) is L27100MH1907PLC000260 and registration number is 000260.
Market Cap 129,543
Sales 132,911
Shares in Float 806.43
No of funds 1077
Yield 48.62
Book Value 1.02
U/D Vol ratio 0.7
LTDebt / Equity 16
Alpha -0.04
Beta 1.35

Tata Steel

Owner NameSep-22Aug-22Jun-22Mar-22
Promoters 33.92%33.92%33.92%
Mutual Funds 7.31%8.6%9.21%
Insurance Companies 9.42%9.57%9.63%
Foreign Portfolio Investors 21.52%21.76%21.95%
Financial Institutions/ Banks 0.09%0.08%0.07%
Individual Investors 21.91%20.33%19.55%
Others 5.83%5.74%5.67%

Tata Steel Management

Name Designation
Mr. Ratan N Tata Chairman Emeritus
Mr. N Chandrasekaran Chairman & Non-Exe.Director
Mr. T V Narendran Managing Director & CEO
Mr. Koushik Chatterjee Executive Director & CFO
Mr. V K Sharma Independent Director
Mr. Saurabh Agrawal Non Executive Director
Mr. Farida Khambata Independent Director
Mr. Deepak Kapoor Independent Director
Mr. O P Bhatt Independent Director
Ms. Mallika Srinivasan Independent Director
Mr. David W Crane Independent Director
Mr. Noel Naval Tata Non Executive Vice Chairman

Tata Steel Forecast

Price Estimates

2,000(9.8%)
1,758(-3.5%)
1,590(-12.7%)

Other Analyst Rating

Tata Steel Corporate Action

Date Purpose Remarks
2022-10-31 Quarterly Results
2022-07-25 Quarterly Results
2022-05-03 Audited Results, Dividend & Stock split
2022-02-04 Quarterly Results
2021-11-11 Quarterly Results
Date Purpose Remarks
2022-07-29 Split Rs.0.00 split from Rs. 10/- to Re. 1/-.

Tata Steel MF Shareholding

Name Amount(cr)
SBI Nifty 50 ETF 151468
SBI S&P BSE Sensex ETF 83302
SBI Equity Hybrid Fund Regular Payout Inc Dist cum Cap Wdrl 56730
HDFC Balanced Advantage Fund Growth 49709
ICICI Prudential Balanced Advantage Fund Growth 44002

About Company

Tata Steel Limited is an global steel-production organization and a part of the Tata Group, situated in Jamshedpur. The headquarters of one of the world's most geographically-diversified steel producers is in Mumbai. Previously known as Tata Iron and Steel Company Limited (TISCO), Tata Steel is among the top steel creating organizations globally, with a yearly unrefined steel limit of 34 million tons each annum. The group (barring SEA activities) kept a solidified turnover of US$19.7 billion in the monetary year finishing 31 March 2020. Tata Steel is India's second-biggest steel organization (estimated by domestic production) with a yearly limit of 13 million tons after Steel Authority of India Ltd. (SAIL).

Tata Steel works in 26 nations with key activities in India, the Netherlands, and The United Kingdom and employs around 80,500 individuals. Its biggest plant (10 MTPA limit) is situated in Jamshedpur, Jharkhand. In the year 2007, Tata Steel acquired the UK-based steel maker Corus. It was positioned 486th in the 2014 Fortune Global 500 positioning of the world's greatest enterprises. In fact, it holds the seventh position in being the most significant brand in India in 2013, as indicated by Brand Finance.

Tata Steel has been perceived among India's Best Workplaces in Manufacturing 2022 by Great Place to Work. This acknowledgement has been gotten for the fifth time, featuring the organization's supported spotlight on cultivating a culture of high trust, trustworthiness, development, and care for the employees. Tata Steel has additionally been comprehensive towards its LGBTQ representatives and furthermore gives health care coverage advantages to accomplices of its LGBTQ workers under the new HR policy.

 

The History of Tata Steel

 

The Tata Iron and Steel Company (TISCO) was established by Jamsetji Nusserwanji Tata and on 26 August 1907. TISCO began pig iron creation in 1911 and started delivering steel in the following year as a part of Jamsetji's Tata Group. The first-ever steel ingot by this organization was made on 16 February 1912. During World War I (1914-1918), the organization gained fast headway.

In 1920, The Tata Iron and Steel Company likewise fused with The Tinplate Company of India Ltd (TCIL), a joint endeavor with then Burmah Shell to produce Tinplate.

Nineteen years later, this organization operated the biggest steel plant in the British Empire. The organization sent off a significant modernization and extension program in 1951. Afterwards, in 1958, the program was moved up to 2 million metric tons for each annum (MTPA) project. By 1970, the organization gave employment to around 40,000 individuals at Jamshedpur, and a further 20,000 in the adjoining coal mineshafts.

There were two endeavours of nationalization by this company - one in 1971 and one more in 1979. However, both were fruitless endeavours. In 1971, Indira Gandhi attempted to nationalize the organization, yet it fizzled. In 1979 Janata Party system (1977-79) wanted to make an effort to nationalize TISCO (presently Tata Steel). Then Minister for Industries George Fernandes, at the induction of Biju Patnaik, Minister for Steel, undermined nationalization. However, because of the protests, the move failed.

In 1990, the organization started to extend and laid out its subsidiary branch, Tata Inc., in New York. Fifteen years later, the organization renamed itself from TISCO to Tata Steel Ltd.

Tata Steel – Some Important Facts

Founded in 1907, Tata Steel is the first-ever steel organization to be set up in Asia, and it is India's biggest private-sector steel company.

The main steel plant at Jamshedpur in eastern India has a creation limit of 5 million tons for every annum (MTPA). Abroad plants incorporate NatSteel Asia (2 MTPA) in Singapore, gained in February 2004 for $286 million, and Millennium Steel (1.7 MTPA) in Thailand, procured for $175 million.

Tata Steel – Awards Received

  • India's Most Admired Company – by FORTUNE and Hay Group.
  • Best Conscious Capitalist Award - by Forbes India.
  • Thomson Reuters Innovation Award ("Hi-Tech Corporate" category).
  • Confederation of Indian Industry's (CII) National Award for Excellence in Water Management for its "Most Innovative Rainwater Harvesting Project" (2011).
  • 'Best in Corporate Social Responsibility in India - by Finance Asia.
  • World Steel' Safety and Health Excellence Recognition Award' for two years in a row. Work-Life Excellence Award by the Singapore Ministry of Manpower.
  • Platinum HEALTH Award by the Singapore Health Promotion Board.

Conclusion

Tata Steel has always been a company with a promising future, and it always plans effectively for its expansion. The company plans on doubling its production capacity by the year 2030 to 40 million tons (MT) is supposed to involve a venture of around 1 lakh crore INR, said industry specialists.

Tata Steel FAQs

What is Share Price of Tata Steel ?

Tata Steel share price is ₹106 As on 29 November, 2022 | 20:12

What is the Market Cap of Tata Steel ?

The Market Cap of Tata Steel is ₹129640.1 Cr As on 29 November, 2022 | 20:12

What is the P/E ratio of Tata Steel ?

The P/E ratio of Tata Steel is 4.5 As on 29 November, 2022 | 20:12

What is the PB ratio of Tata Steel ?

The PB ratio of Tata Steel is 1.1 As on 29 November, 2022 | 20:12

Does Tata Steel pay dividends?

For the year ending March 2021 Tata Steel has declared an equity dividend of 250% amounting to INR 25 per share. At the current share price of INR 1173 this results in a dividend yield of 2.13%.

What is the ROE of Tata Steel?

The ROE of Tata Steel is 10% which is good.

Is Tata Steel a good buy?

Tata Steel has an operating revenue of INR 203,226.08 Cr. on a trailing 12-month basis. An annual revenue growth of 4% is not great, Pre-tax margin of 9% is okay. Tata Steel has a debt to equity of 99%, which is bit higher. Institutional holding has gone up in the last reported quarter is a positive sign. Analyst Recommendation on Tata Steel: BUY.

What is the stock price CAGR of Tata Steel?

The stock price CAGR of Tata Steel for 10 Years is 12%, for 5 Years is 23%, for 3 Years is 33% and for 1 Year is 93%.

How to buy Tata Steel shares?

To buy and sell Tata Steel shares without added cost, you can open a free Demat and trading account using 5paisa. The process of opening a Demat account using 5paisa is very simple and straightforward.

What is Tata Steel's share price target for the long term?

The current Tata Steel share price for the long-term is 1698 INR.

What is the face value of Tata Steel?

The face value of Tata Steel is 10.

Q2FY23