Thursday, October 15, 2020

Tata Steel | Future Outperformer | Multi Bagger

 

TATA STEEL

Stock/Share Price: 379


➽ In this article we will discuss recent development in the StockShare of Tata Steel in the Stock Market. Stock is currently trading at a PE of 6.73 and has book value of 661.

Recent Key Strengths

Top Indian Exporters among Listed Companies

283.6% returns for Nifty 500 over 6.3 years

Book Value per share Improving for last 2 years


Recent Weaknesses

Annual net profit declining for last 2 years

Major fall in TTM Net Profit

Fall in Quarterly Revenue and Net Profit (YoY)

Highest promoter stock pledges


Technical Chart 

tatasteel, finvestonline.com

Long position can be made in TataSteel stock for the upside level of 489 in the short term , 744 in mid term and 1187 in long term. The stock after the price correction is available at a good price valuation .

Recent Valuation Summary

tatasteel, finvestonline.com


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Disclaime
r- The information on this blog are based on my personal opinion and experience, it should not be considered professional financial investment advice and in no way it should be considered as a tip. We does not take any compensation of any kind whatsoever from any reader,user and company that are mention on this website.We are not SEBI registered financial advisor or analyst.


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