Tata Steel Share Price is in the news as it’s already up by 1.3% today. Also, the company has released its Q4 FY24-25 results. What are experts saying about the stock? What are the target prices? let’s find out.
Tata Steel Share Price in Today’s Market
As of today, Tata Steel Share Price is at Rs 130.85 which is 1.06% up for today. The shares opened at Rs 134.89 and touched a high of Rs 136.20. The current UC limit is 142.42 and the LC limit is 116.53. The total Market capitalization of the company stands around Rs 1,63,047 Crore.
Company Financials
The company has recently released its fourth-quarter financial results. Indian operations produced 5.51 million tonnes in Q4. That is a 3.2% downgrade in production compared to quarter on quarter. This was because of the ‘G’ blast in Jamshedpur furnace. Also, annual production has also risen by 5%. Domestic delivery also increased by 9%.
Recent News about Tata Steel
- Tata Steel Netherlands has improved its production after maintenance. However, UK operations are facing challenges due to blast furnace closures.
- On 7th April the shares fall by 10% to Rs 124.20 due to global trade tensions and the Indian Stock Market crash.
- The Q$ recorded All-time-high domestic deliveries of 5.6 million tonnes which is 9% up on a quarterly basis.
Tata Steel Share Target Price
According to JP Morgan shares could reach Rs 180 by the end of this year. Consensus Analysts also suggest shares could touch Rs 153 in the short term. Axis Securities projects shares could reach Rs 155 by the end of 2025.
Recommendation on Buy or Sell
As the Indian Stock Market is heavily affected by the US Tariff, experts advise investors to be more cautious and examine technical charts before making any investment-related decisions. According to the moneycontrol website, 47% of 30 Analysts suggest Buying Tata Steel Shares. 27% suggest holding and 13% suggest selling. On trendline also Consensus suggests a Buy rating for These shares.
