Tata Iron and Steel Company Limited or popularly known as TISCO is the world’s sixth largest steel company, established by a humble Parsi business man in1907. Tata steel had achieved many benchmarks and milestones in production and employee beneficial schemes. According to Fortune global 500 lists ranking at 315th position and proud production of 31 million MT crude steel productions annually in India and 52.32 million tons overseas, it is the second largest private sector steel company in India in domestic production ad fifth largest giant in world. Tata Steel introduced 8-hour work shift in 1912, introduced leave-with-pay and Provident scheme in 1920, a practice that became legally binding all employers in India only in 1945 Similarly, Provident Fund Act only in 1952, in other words Tata steel lay foundation to basic beneficial schemes for all employees. In return Tata steel is the only company holding a record non-disrupted furnace since its establishment. Tata Steel produced a record-breaking 10.32 million tons of salable steel in its Jamshedpur works in 2010. The company’s gross revenue in that financial reporting year was Rs. 20196.24 Cr.
In a short term ambitious plan Tata steel has set motion to achieve target 100 million tons. Managing Director of company had stated that Tata Steel is planning a 50-50 balance between green field facilities and overseas acquisitions to reach the desired result. In 2005 company recognized as the world’s best steel producer by World Steel Dynamics. Tata steel is home for more than 84700 qualified work force. In Long term plan Tata Steel, collaborated joint venture with Tata BlueScope Steel Limited, and entered the steel building and construction applications market. To increase the production capacity to all their units also include in long term plans.
Tata steel had made a huge difference in steel market diversification through its innovative approach, team work, nurturing new talent, delivering quality products, developing end to end solution for steel industry, safe working environment and safe guarding community welfare over a century now. Here is a free stock market tip for you; joint ventures product analysis and production capacity increase will fuel the rate of shares, so buy some more and stop selling.
Buy Tata Steel with target of Rs 630 and stop loss of Rs 590, says Ashwani Gujral, technical analyst, on CNBC TV18. The stock is currently trading at Rs 596.20, down 0.9% on the BSE.
Sell Tata Steel with target of Rs 580 and stop loss of Rs 610, says Salil Sharma, technical analyst, on CNBC TV18. The stock is currently trading at Rs 594.10, down 1.2% on the BSE.
Sell Tata Steel futures with target of Rs 550 and stop loss of Rs 575, says Salil Sharma, technical analyst, on CNBC Awaaz. The stock is currently trading at Rs 554.15, down 3.7% on the BSE.
Sell Tata Steel at Rs 540-542 with target of Rs 500 and stop loss of Rs 555, says Somesh Kumar of Karvy Stock Broking on CNBC Awaaz. The stock is currently trading at Rs 536.50, down 2.2% on the BSE.
Buy Tata Steel with target of Rs 548 and stop loss of Rs 527, says Salil Sharma, technical analyst, on Zee Business. The stock is currently trading at Rs 530.30, down 1.1% on the BSE.
Buy Tata Steel with target of Rs 550 and stop loss of Rs 530, says Sudarshan Sukhani, technical analyst, on CNBC TV18. The stock is currently trading at Rs 535.65, down 0.1% on the BSE.
Hold Tata Steel with target of Rs 700 in 12-18 months, says Sharad Avasthi of SKP Securities on NDTV Profit. The stock is currently trading at Rs 533.40, down 0.5% on the BSE.
Exit Tata Steel in the short term at Rs 543-555 and buy again on dips to around Rs 450-472, says Prasad Kushe, technical analyst, on NDTV Profit. The stock is currently trading at Rs 530.70, down 1% on the BSE.
Sell Tata Steel with target of Rs 477 and stop loss of Rs 523, says Kunal Saraogi, technical analyst, on Zee Business. The stock is currently trading at Rs 515.20, up 0.6% on the BSE.
Hold Tata Steel with long-term view but exit Unitech which is a weak stock, says Sharmila Joshi of Emkay Global on CNBC TV18.
Buy Tata Steel with targets of Rs 524 and 532 and stop loss of Rs 498, says Rupal Saraogi, technical analyst, on Zee Business. The stock is currently trading at Rs 520.35, up 2.2% on the BSE
Sell Tata Steel with target of Rs 472 and stop loss of Rs 515, says Ashwani Gujral, technical analyst, on CNBC Awaaz. The stock is currently trading at Rs 488.60, down 2.5% on the BSE.
Buy Tata Steel at Rs 490 with 2-3 days target of Rs 515 and stop loss of Rs 480, says JK Doshi, technical analyst, on CNBC Awaaz. The stock is currently trading at Rs 489.05, down 2.4% on the BSE.
Hold Tata Steel with target of Rs 600-650 in 12-18 months, says Sharad Avasthi of SKP Securities on NDTV Profit. The stock is currently trading at Rs 485.45, down 3% on the BSE.
Sell Tata Steel with target of Rs 465 and stop loss of Rs 493, says Rahul Mohinder, technical analyst, on CNBC TV18. It has resistance at Rs 485-490, he adds. The stock is currently trading at Rs 487.25, up 1.8% on the BSE.
Short sell Tata Steel at current levels with target of Rs 440 and stop loss of Rs 520, says Rakesh Bansal of New Age Wealth on NDTV Profit. The stock is currently trading at Rs 484.45, up 1.2% on the BSE.
Sell Tata Steel with target of Rs 475 and stop loss of Rs 492, says MB Singh, technical analyst, on Zee Business. The stock is currently trading at Rs 489.65, up 1.1% on the BSE.
Sell Tata Steel futures with target of Rs 470 and stop loss of Rs 505, says Salil Sharma, technical analyst, on CNBC Awaaz. The stock is currently trading at Rs 491.20, up 1.4% on the BSE.
Hold Tata Steel with target of Rs 520 and stop loss of Rs 465, says Ramesh Arora, technical analyst, on Zee Business. The stock is currently trading at Rs 499.40, up 1.3% on the BSE.
Buy Tata Steel with target of Rs 510 and stop loss of Rs 484, says Jatinder Sharma, technical analyst, on Zee Business. The stock is currently trading at Rs 498.85, up 1.1% on the BSE.
Buy Tata Steel with target of Rs 525 and stop loss of Rs 488, says Jatinder Sharma, technical analyst, on CNBC Awaaz, as closing market strategy
Sell Tata Steel with target of Rs 472 and stop loss of Rs 505, says Salil Sharma, technical analyst, on CNBC TV18. The stock is currently trading at Rs 494.45, down 0.3% on the BSE.
Hold Tata Steel with target of Rs 550-570 in two weeks and keep stop loss of Rs 470, says MB Singh, technical analyst, on Zee Business. The stock is currently trading at Rs 504, up 0.7% on the BSE.
Sell Tata Steel at Rs 463 with intra-day target of Rs 455 and stop loss of Rs 467, says Hemen Kapadia, technical analyst, on CNBC TV18.
Hold Tata Steel with stop loss of Rs 458 on closing basis and exit at Rs 472-478, says Vijay Bhambwani, technical analyst, on CNBC Awaaz. The stock is currently trading at Rs 462.20, down 0.1% on the BSE.
Sell Tata Steel from short-to-medium term view but long-term investors may hold, says Hemen Kapadia, technical analyst, on CNBC TV18. The stock is currently trading at Rs 457, down 1.2% on the BSE.
Sell Tata Steel when it is at Rs 462 with target of Rs 445 and stop loss of Rs 475, says Rajesh Jain of SMC Global Securities on NDTV Profit. The stock is currently trading at Rs 458.20, up 1.3% on the BSE.
Buy Tata Steel with target of Rs 484 and stop loss of Rs 467, says Simi Bhaumik, technical analyst, on Zee Business. The stock is currently trading at Rs 474.30, up 0.7% on the BSE.
Buy Tata Steel with target of Rs 495 and stop loss of Rs 476, says MB Singh, technical analyst, on Zee Business. The stock is currently trading at Rs 485.30, up 0.3% on the BSE.
Buy Tata Steel with target of Rs 524 and stop loss of Rs 488, says Hitesh Chotalia, technical analyst, on NDTV Profit. The stock is currently trading at Rs 504.30, up 1.2% on the BSE.
Hold Tata Steel with target of Rs 550 and stop loss of Rs 480, says PK Agarwal of Purpleline Investment on Zee Business. The stock is currently trading at Rs 499.95, up 0.4% on the BSE.
Sell Tata Steel with target of Rs 455 and stop loss of Rs 483, says Hitesh Chotalia, technical analyst, on NDTV Profit. The stock is currently trading at Rs 472.70, down 0.4% on the BSE.
Buy Tata Steel with target of Rs 540 and stop loss of Rs 490, says Somil Mehta of Sharekhan on CNBC Awaaz. The stock is currently trading at Rs 499.15, up 0.7% on the BSE.
Buy Tata Steel with a target of Rs 540 and stop loss of Rs 498, says Somil Mehta, technical analyst, on NDTV Profit. The stock is currently trading at Rs 515, up 1.3% on the BSE.
Buy Tata Steel at Rs 535 with target of Rs 560 and stop loss of Rs 530, says Rahul Mohinder, technical analyst, on CNBC TV18. The stock is currently trading at Rs 534.80, down 0.2% on the BSE.
Buy Tata Steel at Rs 530 with targets of Rs 544 and 560 and stop loss of Rs 525, says Rahul Mohinder, technical analyst, on CNBC Awaaz. The stock is currently trading at Rs 530.70, down 0.4% on the BSE.
Hold Tata Steel with targets of Rs 565 and 590 on crossing its resistance of Rs 540 and keep stop loss of Rs 520, says Mileen Vasudeo, technical analyst, on NDTV Profit. The stock is currently trading at Rs 533, down 0.03% on the BSE.
Hold Tata Steel with medium-term target of Rs 610, says Avani Mehta of Maia Financial Services on NDTV Profit. The stock is currently trading at Rs 544.70, up 0.7% on the BSE.
Sell Tata Steel with one-week target of Rs 505 and stop loss of Rs 550, says JK Doshi, technical analyst, on CNBC Awaaz. The stock is currently trading at Rs 535.75, up 0.9% on the BSE
As long as 5350 is intact look for buying at lower levels, says Anil Singhvi, market analyst, on CNBC Awaaz. He believes that we may see recovery in the second half of trade today and if the IIP data and Tata Steel results to be announced later today are good then downside will be limited.
Exit Tata Steel which is in a downtrend and can go down to Rs 490, says Rakesh Bansal of New Age Wealth on Zee Business. The stock is currently trading at Rs 516, down 0.9% on the BSE.
Sell Tata Steel with target of Rs 505 and stop loss of Rs 530, says Salil Sharma, technical analyst, on NDTV Profit. The stock is currently trading at Rs 515.80, down 0.9% on the BSE.
Hold Tata Steel and exit at Rs 560 and buy again on dips to Rs 502, says Akshita Deshmukh, technical analyst, on CNBC Awaaz. The stock is currently trading at Rs 531.70, up 2.3% on the BSE.
Sell Tata Steel on rally with target of Rs 500 and stop loss of Rs 530, says Sudarshan Sukhani, technical analyst, on CNBC TV18. The stock is currently trading at Rs 513.70, down 0.8% on the BSE.