Tata Steel Share Price | Tata Steel share will again give returns at rocket speed, expert gives BUY rating, note the target price – NSE: TATASTEEL
Tata Steel Share Price | Tata Steel Limited shares declined in the short term. Tata Steel shares up 22.61 percent from a record high in June (NSE: TATASTEEL) There has been a decline. On June 18, Tata Steel Limited shares had reached a record high of Rs 184.60. (Tata Steel Company excerpt)
Similarly, Tata Steel Limited shares have declined by 18 percent in the last six months. Tata Steel shares have fallen by 5.25 percent in one month and 7.5 percent in three months. However, in the long term this stock has given multibagger returns.
Current status of Tata Steel share
Shares of Tata Steel Limited Company are higher than 5-day, but below 10-day, 20-day, 30-day, 50-day, 100-day, 150-day and 200-day moving averages. This indicates that Tata Steel shares are in the selling zone. Tata Steel shares hit 52-week low of Rs 125.55.
tata steel share target price
JP Morgan brokerage firm has given positive signals for Tata Steel stock. JP Morgan brokerage firm has given a target price of Rs 180 for Tata Steel shares and advised to buy. Morgan Stanley brokerage firm has also given a target price of Rs 175 for Tata Steel shares. Axis Securities brokerage firm has given a target price of Rs 175 for Tata Steel shares. BOB Capital Markets brokerage firm has given a target price of Rs 175 for Tata Steel shares. Prabhudas Lilladher brokerage firm has given a target price of Rs 161 for Tata Steel shares.
Stock gave 1951% return
The stock has declined 17.74% in the last six months. The stock has returned 13.05% in the last year. The stock has given 256.38% returns in the last five years. The stock has given long-term investors a return of 1,951.08%. The stock has returned 1.93% on a YTD basis.
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