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Buy Tata Steel, target price Rs 180: JM Financial

Buy Tata Steel, target price Rs 180: JM Financial

Economic Times16-06-2025
Navbharat Times
Tata Steel's key products/revenue segments include Steel & Steel Products, Others, Power and Other Operating Revenue for the year ending 31-Mar-2024.
Financials
For the quarter ended 31-03-2025, the company has reported a Consolidated Total Income of Rs 56679.11 crore, up 5.22 % from last quarter Total Income of Rs 53869.33 crore and down -3.71 % from last year same quarter Total Income of Rs 58863.22 crore. The company has reported net profit after tax of Rs 1124.08 crore in the latest quarter.
The company's top management includes Mr.N Chandrasekaran, Ms.Bharti Gupta Ramola, Mr.Farida Khambata, Mr.Deepak Kapoor, Mr.Shekhar Mande, Mr.N Chandrasekaran, Mr.Noel Naval Tata, Mr.T V Narendran, Mr.Koushik Chatterjee, Mr.Saurabh Agrawal, Mr.V K Sharma, Ms.Bharti Gupta Ramola, Mr.Farida Khambata, Mr.Deepak Kapoor, Mr.V K Sharma, Mr.Saurabh Agrawal, Mr.Noel Naval Tata, Mr.T V Narendran, Mr.Koushik Chatterjee, Mr.Saurabh Agrawal, Mr.V K Sharma, Ms.Bharti Gupta Ramola, Mr.Farida Khambata, Mr.Deepak Kapoor, Mr.Shekhar Mande, Mr.N Chandrasekaran, Mr.Noel Naval Tata, Mr.T V Narendran, Mr.Koushik Chatterjee, Mr.Shekhar Mande. Company has Price Waterhouse & Co Chartered Accountants LLP as its auditors. As on 31-03-2025, the company has a total of 1,248 Crore shares outstanding.
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Promoter/FII Holdings
Promoters held 33.19 per cent stake in the company as of 31-Mar-2025, while FIIs owned 18.29 per cent, DIIs 24.37 per cent.
(You can now subscribe to our
(You can now subscribe to our ETMarkets WhatsApp channel JM Financial has a Buy call on Tata Steel with a target price of Rs 180. The current market price of Tata Steel Ltd. is Rs 152.15. Tata Steel, incorporated in 1907, is a Large Cap company with a market cap of Rs 190810.78 crore, operating in Metals - Ferrous sector.Tata Steel's key products/revenue segments include Steel & Steel Products, Others, Power and Other Operating Revenue for the year ending 31-Mar-2024.For the quarter ended 31-03-2025, the company has reported a Consolidated Total Income of Rs 56679.11 crore, up 5.22 % from last quarter Total Income of Rs 53869.33 crore and down -3.71 % from last year same quarter Total Income of Rs 58863.22 crore. The company has reported net profit after tax of Rs 1124.08 crore in the latest quarter.The company's top management includes Mr.N Chandrasekaran, Ms.Bharti Gupta Ramola, Mr.Farida Khambata, Mr.Deepak Kapoor, Mr.Shekhar Mande, Mr.N Chandrasekaran, Mr.Noel Naval Tata, Mr.T V Narendran, Mr.Koushik Chatterjee, Mr.Saurabh Agrawal, Mr.V K Sharma, Ms.Bharti Gupta Ramola, Mr.Farida Khambata, Mr.Deepak Kapoor, Mr.V K Sharma, Mr.Saurabh Agrawal, Mr.Noel Naval Tata, Mr.T V Narendran, Mr.Koushik Chatterjee, Mr.Saurabh Agrawal, Mr.V K Sharma, Ms.Bharti Gupta Ramola, Mr.Farida Khambata, Mr.Deepak Kapoor, Mr.Shekhar Mande, Mr.N Chandrasekaran, Mr.Noel Naval Tata, Mr.T V Narendran, Mr.Koushik Chatterjee, Mr.Shekhar Mande. Company has Price Waterhouse & Co Chartered Accountants LLP as its auditors. As on 31-03-2025, the company has a total of 1,248 Crore shares outstanding.Promoters held 33.19 per cent stake in the company as of 31-Mar-2025, while FIIs owned 18.29 per cent, DIIs 24.37 per cent.
(Disclaimer: Recommendations given in this section or any reports attached herein are authored by an external party. Views expressed are that of the respective authors/entities. These do not represent the views of Economic Times (ET). ET does not guarantee, vouch for, endorse any of its contents and hereby disclaims all warranties, express or implied, relating to the same. Please consult your financial adviser and seek independent advice.
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