INSUBCONTINENT EXCLUSIVE:
Jay Thakkar of Anand Rathi has a sell call on Tata Steel Ltd
with a target price of Rs 544
The current market price of Tata Steel Ltd
is Rs 567.5 Time period given by analyst is Intra Day when Tata Steel Ltd
price can reach defined target
Jay Thakkar recommended to keep stoploss at Rs 580
Tata Steel Ltd., incorporated in 1907, is a largecap company with a market cap of Rs 68333.78 crore.
Tata Steel Ltd
key Products/Revenue Segments include Steel Steel Products which contributed Rs 51010.53 Crore to Sales Value (95.77 % of Total Sales),
Power which contributed Rs 1418.43 Crore to Sales Value (2.66 % of Total Sales), Other Operating Revenue which contributed Rs 696.03 Crore
to Sales Value (1.30 % of Total Sales) and Other Services which contributed Rs 135.97 Crore to Sales Value (0.25 % of Total Sales)for the
For the quarter ended 31-03-2018, the company has reported a Consolidated sales of Rs 35737.19 Crore, up 7.97 % from last quarter Sales of
Rs 33099.95 Crore and up 6.92 % from last year same quarter Sales of Rs 33424.09 Crore Company has reported net profit after tax of Rs
14629.45 Crore in latest quarter
The company’s top management includes Dr.Peter Blauwhoff, Mr.Aman Mehta, Mr.Deepak Kapoor, Mr.Koushik Chatterjee, Mr.Natarajan
Chandrasekaran, Mr.O P Bhatt, Mr.Ratan N Tata, Mr.T V Narendran, Ms.Mallika Srinivasan
Company has Price Waterhouse Co LLP as its auditoRs As on 31-03-2018, the company has a total of 1,204,119,440 shares outstanding
