logo
Buy Tata Steel, target price Rs 180: JM Financial

Buy Tata Steel, target price Rs 180: JM Financial

Economic Times5 days ago

Navbharat Times
Tata Steel's key products/revenue segments include Steel & Steel Products, Others, Power and Other Operating Revenue for the year ending 31-Mar-2024.
Financials
For the quarter ended 31-03-2025, the company has reported a Consolidated Total Income of Rs 56679.11 crore, up 5.22 % from last quarter Total Income of Rs 53869.33 crore and down -3.71 % from last year same quarter Total Income of Rs 58863.22 crore. The company has reported net profit after tax of Rs 1124.08 crore in the latest quarter.
The company's top management includes Mr.N Chandrasekaran, Ms.Bharti Gupta Ramola, Mr.Farida Khambata, Mr.Deepak Kapoor, Mr.Shekhar Mande, Mr.N Chandrasekaran, Mr.Noel Naval Tata, Mr.T V Narendran, Mr.Koushik Chatterjee, Mr.Saurabh Agrawal, Mr.V K Sharma, Ms.Bharti Gupta Ramola, Mr.Farida Khambata, Mr.Deepak Kapoor, Mr.V K Sharma, Mr.Saurabh Agrawal, Mr.Noel Naval Tata, Mr.T V Narendran, Mr.Koushik Chatterjee, Mr.Saurabh Agrawal, Mr.V K Sharma, Ms.Bharti Gupta Ramola, Mr.Farida Khambata, Mr.Deepak Kapoor, Mr.Shekhar Mande, Mr.N Chandrasekaran, Mr.Noel Naval Tata, Mr.T V Narendran, Mr.Koushik Chatterjee, Mr.Shekhar Mande. Company has Price Waterhouse & Co Chartered Accountants LLP as its auditors. As on 31-03-2025, the company has a total of 1,248 Crore shares outstanding.
Live Events
Promoter/FII Holdings
Promoters held 33.19 per cent stake in the company as of 31-Mar-2025, while FIIs owned 18.29 per cent, DIIs 24.37 per cent.
(You can now subscribe to our
(You can now subscribe to our ETMarkets WhatsApp channel JM Financial has a Buy call on Tata Steel with a target price of Rs 180. The current market price of Tata Steel Ltd. is Rs 152.15. Tata Steel, incorporated in 1907, is a Large Cap company with a market cap of Rs 190810.78 crore, operating in Metals - Ferrous sector.Tata Steel's key products/revenue segments include Steel & Steel Products, Others, Power and Other Operating Revenue for the year ending 31-Mar-2024.For the quarter ended 31-03-2025, the company has reported a Consolidated Total Income of Rs 56679.11 crore, up 5.22 % from last quarter Total Income of Rs 53869.33 crore and down -3.71 % from last year same quarter Total Income of Rs 58863.22 crore. The company has reported net profit after tax of Rs 1124.08 crore in the latest quarter.The company's top management includes Mr.N Chandrasekaran, Ms.Bharti Gupta Ramola, Mr.Farida Khambata, Mr.Deepak Kapoor, Mr.Shekhar Mande, Mr.N Chandrasekaran, Mr.Noel Naval Tata, Mr.T V Narendran, Mr.Koushik Chatterjee, Mr.Saurabh Agrawal, Mr.V K Sharma, Ms.Bharti Gupta Ramola, Mr.Farida Khambata, Mr.Deepak Kapoor, Mr.V K Sharma, Mr.Saurabh Agrawal, Mr.Noel Naval Tata, Mr.T V Narendran, Mr.Koushik Chatterjee, Mr.Saurabh Agrawal, Mr.V K Sharma, Ms.Bharti Gupta Ramola, Mr.Farida Khambata, Mr.Deepak Kapoor, Mr.Shekhar Mande, Mr.N Chandrasekaran, Mr.Noel Naval Tata, Mr.T V Narendran, Mr.Koushik Chatterjee, Mr.Shekhar Mande. Company has Price Waterhouse & Co Chartered Accountants LLP as its auditors. As on 31-03-2025, the company has a total of 1,248 Crore shares outstanding.Promoters held 33.19 per cent stake in the company as of 31-Mar-2025, while FIIs owned 18.29 per cent, DIIs 24.37 per cent.
(Disclaimer: Recommendations given in this section or any reports attached herein are authored by an external party. Views expressed are that of the respective authors/entities. These do not represent the views of Economic Times (ET). ET does not guarantee, vouch for, endorse any of its contents and hereby disclaims all warranties, express or implied, relating to the same. Please consult your financial adviser and seek independent advice.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Indian Hockey Players To Get A Monthly Stipend From Sports Ministry
Indian Hockey Players To Get A Monthly Stipend From Sports Ministry

News18

time26 minutes ago

  • News18

Indian Hockey Players To Get A Monthly Stipend From Sports Ministry

Last Updated: Indian hockey players selected for national camps will receive a Rs 25,000 monthly allowance. The decision, costing Rs 20 lakh per month, was approved by the sports ministry. For the first time, Indian hockey players selected for the men's and women's national camps will receive a Rs 25,000 monthly out-of-pocket allowance, a decision sanctioned by the sports ministry after consistent requests from the sport's governing body. Eighty players (40 men and 40 women) are set to benefit from this allowance, which is extended to athletes in the developmental group of the Target Olympic Podium Scheme. The decision was made during the Mission Olympic Cell's monthly meeting on Thursday. This allowance will cost the government Rs 20 lakh per month, while core group athletes receive Rs 50,000 per month. 'The allowance was being requested by Hockey India for some time, and we have decided to accept the demand. The players have performed reasonably well, and it is on merit," Sports Minister Mansukh Mandaviya informed reporters in an informal interaction. Hockey India will need to submit a list of players every month to facilitate the disbursement of funds. 'The list will consider form and fitness, and names might change depending on these factors," a sports ministry source explained. Currently, hockey players earn salaries from their respective departments and organisations, although a proposal for a graded contract system by Hockey India has been under consideration for the past few years. Their additional source of income comes from prize money for strong international performances in events like the Olympics and the Asian Games. The men's team has secured two consecutive bronze medals in the 2021 Tokyo Olympics and the subsequent Paris Games last year. The women's team finished fourth in Tokyo but did not qualify for the Paris event. Both teams are currently competing in the FIH Pro League's European leg, where the results have not been particularly encouraging so far. The MOC also approved financial proposals amounting to Rs 4.28 crore during the meeting. A significant portion of the funds — Rs 1.38 crore — will be allocated to tennis players such as Saketh Myneni, Jeevan Nedunchezhiyan, and three women players. 'Several proposals for assistance from para-athletes were also approved. Additionally, a few additions were made to the TOPS developmental group. The core group remains unchanged for now," a Sports Authority of India (SAI) official stated. The ministry has also decided to enhance its talent identification process with an app that will allow talented youngsters to upload their performances for evaluation by regional talent identification panels of the SAI. 'If found promising at first glance, the youngster will be invited to Khelo India Regional Centres where their potential will be assessed. This will broaden our talent identification mechanism, which is currently limited to age group competitions," Mandaviya said. 'It will ensure that we can reach the remotest corners of the country to find promising athletes. This is all part of the National Sports Repository System," he added. With PTI inputs.

Meet woman, daughter of India's richest pharma tycoon, she now leads Rs 3950000000000 company, she is…, her business is…
Meet woman, daughter of India's richest pharma tycoon, she now leads Rs 3950000000000 company, she is…, her business is…

India.com

time39 minutes ago

  • India.com

Meet woman, daughter of India's richest pharma tycoon, she now leads Rs 3950000000000 company, she is…, her business is…

Vidhi Shanghvi, Sun Pharma Vidhi Shanghvi is daughter of Dilip Shanghvi, a famous Pharma businessman. She is in headlines for her role in Sun Pharma, one of India's biggest pharmaceutical companies. His net worth is around $25 billion and known as India's richest pharma billionaire. He is also among the top 100 richest people in the world. But now, his daughter Vidhi Shanghvi has also started handling his business. Who Is Vidhi Shanghvi? Vidhi Shanghvi is an Executive Director in Sun Pharma. After 13 years of experience, she now leads Sun Pharma's Consumer Healthcare and India Distribution. Sun Pharma was founded by her father, Dilip Shanghvi in 1983. They started making psychiatric drugs and slowly became India's most valuable pharma company, with a market capitalisation of Rs 3.95 lakh crore. Vidhi was recently appointed as Whole-time Director for a five-year term. Vidhi Shanghvi Educational Background Vidhi graduated from the Wharton School at the University of Pennsylvania. In Sun Pharma, she used her education in marketing and consumer healthcare. She began her career at Sun Pharma in 2012 as a Brand Manager in the India Business division. Over the years, she has held several leadership positions. In 2014, she became the Marketing Head for one of the company's Cardiovascular Business Units. She also handled many marketing campaigns. After the merger of Ranbaxy with Sun Pharma, Vidhi Shanghvi became the Business Head of the company's Consumer Healthcare Division. She has played a big role in the growth of the products like Revital H and Volini in retail stores, pharmacies, and online platforms in India. She also has expertise in various fields like marketing, brand building, project and alliance management, and distribution. She is the founder of Mann Talks, a not-for-profit mental health initiative. This platform gives free, holistic mental health solutions to individuals for their mental well-being.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store