Tata Steel: CLSA maintains a Hold on Tata Steel with a Target Price of ₹225, citing in-line Q4 results with improved standalone profitability and lower Europe losses, expectations of near-term profitability gains from sharp price hikes and a 2MT FY27 volume uptick, while seeing limited medium-term volume growth opportunities until NINL commissioning in FY30/31 due to back-ended capacity expansion.

 18 May 2026 09:00 AM

Tata Steel: CLSA maintains a Hold on Tata Steel with a Target Price of ₹225, citing in-line Q4 results with improved standalone profitability and lower Europe losses, expectations of near-term profitability gains from sharp price hikes and a 2MT FY27 volume uptick, while seeing limited medium-term volume growth opportunities until NINL commissioning in FY30/31 due to back-ended capacity expansion.

Tata Steel: JPMorgan downgrades Tata Steel to Neutral with a Target Price of ₹220, citing limited upside after a 38% rally, regulatory and cost headwinds in the Netherlands, delays in UK EAF and India-NINL projects, mixed Q1FY27 earnings outlook with Netherlands margin pressure, and lower FY28 EBITDA estimates due to rising regulatory uncertainty and geopolitical cost pressures.

 18 May 2026 09:01 AM

Tata Steel: JPMorgan downgrades Tata Steel to Neutral with a Target Price of ₹220, citing limited upside after a 38% rally, regulatory and cost headwinds in the Netherlands, delays in UK EAF and India-NINL projects, mixed Q1FY27 earnings outlook with Netherlands margin pressure, and lower FY28 EBITDA estimates due to rising regulatory uncertainty and geopolitical cost pressures.

Tata Steel: Citi maintains a Sell on Tata Steel with a Target Price of ₹200, citing stronger Q4 EBITDA driven by improved India realizations and lower UK losses, expectations of India EBITDA/tonne expansion in Q1FY27, improving Europe spreads and UK profitability, but highlighting uncertainty around Netherlands coke oven closures, project delays, slowing growth beyond FY27, and elevated leverage at 2.3x net debt/EBITDA.

 18 May 2026 09:01 AM

Tata Steel: Citi maintains a Sell on Tata Steel with a Target Price of ₹200, citing stronger Q4 EBITDA driven by improved India realizations and lower UK losses, expectations of India EBITDA/tonne expansion in Q1FY27, improving Europe spreads and UK profitability, but highlighting uncertainty around Netherlands coke oven closures, project delays, slowing growth beyond FY27, and elevated leverage at 2.3x net debt/EBITDA.

Tata Steel: Goldman Sachs maintains a Neutral on Tata Steel with a Target Price of ₹218, citing a marginal Q4 miss but highlighting positive Q1FY27 price-cost spreads across regions, expected 7% YoY India volume growth in FY27, and likely EBITDA breakeven for Tata Steel UK, while flagging regulatory risks at Tata Steel Netherlands and delays in UK EAF ramp-up as key concerns for sustainable Europe profitability.

 18 May 2026 09:01 AM

Tata Steel: Goldman Sachs maintains a Neutral on Tata Steel with a Target Price of ₹218, citing a marginal Q4 miss but highlighting positive Q1FY27 price-cost spreads across regions, expected 7% YoY India volume growth in FY27, and likely EBITDA breakeven for Tata Steel UK, while flagging regulatory risks at Tata Steel Netherlands and delays in UK EAF ramp-up as key concerns for sustainable Europe profitability.

Tata Steel: Jefferies maintains a Buy on Tata Steel with a raised Target Price of ₹275, citing Q4 EBITDA growth of 20% QoQ beating estimates, FY27–28 EPS upgrades of 6–14%, expectations of strong 9% India volume growth with margin expansion, while noting limited growth visibility beyond FY27 due to delayed capacity expansion and ongoing regulatory challenges in Europe.

 18 May 2026 09:01 AM

Tata Steel: Jefferies maintains a Buy on Tata Steel with a raised Target Price of ₹275, citing Q4 EBITDA growth of 20% QoQ beating estimates, FY27–28 EPS upgrades of 6–14%, expectations of strong 9% India volume growth with margin expansion, while noting limited growth visibility beyond FY27 due to delayed capacity expansion and ongoing regulatory challenges in Europe.

Tata Steel: Investec maintains a Hold on Tata Steel with a Target Price of ₹240, citing a strong earnings beat driven by resilient India operations and lower Europe losses, optimism on further domestic spread recovery in Q1FY27, while warning that iron ore lease expiries and uncertain cash flow visibility in Netherlands and UK operations could impact long-term profitability.

 18 May 2026 09:01 AM

Tata Steel: Investec maintains a Hold on Tata Steel with a Target Price of ₹240, citing a strong earnings beat driven by resilient India operations and lower Europe losses, optimism on further domestic spread recovery in Q1FY27, while warning that iron ore lease expiries and uncertain cash flow visibility in Netherlands and UK operations could impact long-term profitability.

Tata Steel: Morgan Stanley maintains an Overweight on Tata Steel with a Target Price of ₹215, citing strong domestic and overseas performance, supportive near-term pricing and policy environment, aggressive India-led capex plans, strong cost-saving execution, and FY27 volume growth driven by Ludhiana ramp-up and Kalinganagar expansion.

 18 May 2026 09:01 AM

Tata Steel: Morgan Stanley maintains an Overweight on Tata Steel with a Target Price of ₹215, citing strong domestic and overseas performance, supportive near-term pricing and policy environment, aggressive India-led capex plans, strong cost-saving execution, and FY27 volume growth driven by Ludhiana ramp-up and Kalinganagar expansion.

TATA STEEL: Q4 CONS NET PROFIT 29.2B RUPEES VS 13B (YOY); EST 32B || Q4 REVENUE 632B RUPEES VS 562.2B (YOY)

 15 May 2026 05:50 PM

TATA STEEL: Q4 CONS NET PROFIT 29.2B RUPEES VS 13B (YOY); EST 32B || Q4 REVENUE 632B RUPEES VS 562.2B (YOY)

TATA STEEL: Q4 EBITDA 98.3B RUPEES VS 65.6B (YOY) || Q4 EBITDA MARGIN 15.68% VS 11.67% (YOY)

 15 May 2026 05:50 PM

TATA STEEL: Q4 EBITDA 98.3B RUPEES VS 65.6B (YOY) || Q4 EBITDA MARGIN 15.68% VS 11.67% (YOY)

TATA Steel: Partners With Hindustan Zinc To Use Low-Carbon Zinc In Steel Production, Supporting Sustainability Goals; No Disclosure Required Under SEBI Rules.

 24 Mar 2026 03:09 PM

TATA Steel: Partners With Hindustan Zinc To Use Low-Carbon Zinc In Steel Production, Supporting Sustainability Goals; No Disclosure Required Under SEBI Rules.