INSUBCONTINENT EXCLUSIVE:
Abhijit Pathak of Definedge Solutions has a sell call on Tata Steel Ltd
with a target price of Rs 340
The current market price of Tata Steel Ltd
Time period given by the analyst is Intra Day when Tata Steel Ltd
price can reach the defined target
Abhijit Pathak recommended to keep stoploss at Rs 365
Tata Steel Ltd., incorporated in 1907, has a market cap of Rs 39905.90 crore.
Tata Steel Ltd
key Products/Revenue Segments include Steel - Steel Products which contributed Rs 67213.85 Crore to Sales Value (95.18 % of Total Sales),
Power which contributed Rs 1709.51 Crore to Sales Value (2.42 % of Total Sales) and Other Operating Revenue which contributed Rs 1687.56
Crore to Sales Value (2.38 % of Total Sales)for the year ending 31-Mar-2019
For the quarter ended 30-06-2019, the company has reported a Consolidated sales of Rs 35382.16 Crore, down -14.09 % from last quarter Sales
of Rs 41186.44 Crore and up .79 % from last year same quarter Sales of Rs 35106.07 Crore Company has reported net profit after tax of Rs
649.75 Crore in latest quarter
The company’s top management includes Dr.Peter Blauwhoff, Mr.Aman Mehta, Mr.Deepak Kapoor, Mr.Koushik Chatterjee, Mr.N Chandrasekaran,
Mr.O P Bhatt, Mr.Ratan N Tata, Mr.Saurabh Agrawal, Mr.T V Narendran, Mr.V K Sharma, Ms.Mallika Srinivasan
Company has Price Waterhouse - Co Chartered Accountants LLP as its auditoRs As on 30-06-2019, the company has a total of 1,204,126,385