Axis Securities has a purchase name on Tata Metal with a goal worth of Rs 1390. present market worth. 1003.5 is Rs. worth can attain its goal. Analysts have given its time interval as one 12 months.

Tata Metal Restricted, included within the 12 months 1907, is a Massive Cap firm (having a market cap of Rs 123203.52 Crore) working in Metals – Ferrous sector.

The foremost merchandise/income segments of Tata Metal Restricted embody metal and metal merchandise, energy and different working income for the 12 months ended 31-March-2021.

monetary scenario

For the quarter ended 31-03-2022, the corporate reported Consolidated Complete Earnings of Rs.69615.70 crores, up 14.42% from final quarter’s whole revenue of Rs.60842.72 crores and 38.54% from Rs.50249.58 crores for the corresponding quarter final 12 months. above. Firm has reported Web Revenue After Tax of Rs 9675.77 Crore in newest quarter.

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Promoter/FII Holdings
As on 31-March-2022, promoters held 33.92 per cent stake within the firm, whereas FIIs held 22.87 per cent, DIIs 20.41 per cent.

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