Tata Steel is a company with a high dividend yield and has shown a positive profit increase
Tata Steel, founded in 1907, Large Cap business, market cap of Rs 108942 Cr working in the metals-ferrous industry
Tata Steel is a business with a high dividend yield and a five-year CAGR of positive profit growth of nearly 76%.
Tata Steel has a book value per share of Rs. 958.50, and the stock is now trading at a low price to book value.
From about 1,114 to 885 per share, Tata Steel's share price has decreased by almost 22% throughout this time period.
The outlook for Tata Steel was changed from "stable" to "positive" by the ratings agency Moody's Investors Service on June 27.
Promoters Owned 33.92 % stake in the company, while FIIs owned 22.87 %, DIIs 10.08 %, Insurance 10.10%, Retail Investor 22.9.7 %.
With a target price of Rs. 1045 and a buying range of Rs. 875-895, the stock is being recommended as a buy.