Tata Steel  good option to invest

Tata Steel is a company with a high dividend yield and has shown a positive profit increase 

Establishment

Tata Steel, founded in 1907, Large Cap business, market cap of Rs 108942 Cr working in the metals-ferrous industry

Dividend

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.

Book Value

From about 1,114 to 885 per share, Tata Steel's share price has decreased by almost 22% throughout this time period.

Discount Price

22

+ve Rating 

The outlook for Tata Steel was changed from "stable" to "positive" by the ratings agency Moody's Investors Service on June 27.

Share Holding

Promoters Owned 33.92 % stake in the company, while FIIs owned  22.87 %, DIIs 10.08 %, Insurance  10.10%, Retail Investor 22.9.7 %.

Buy Call

With a target price of Rs. 1045 and a buying range of Rs. 875-895, the stock is being recommended as a buy.