Tata Steel Limited

Tata Steel Limited (TATASTEEL) is a large-cap Metals & Mining company valued at ₹2.19 lakh crore operating in Iron & Steel on the NSE and BSE.

Recent price move

Tata Steel Limited last traded at ₹175.5, modestly down 0.51% on the day.

Recent developments

On 2026-10-07, Tata Steel reported higher production and deliveries in India, with crude steel production up 10% year-on-year. However, sales in the Netherlands, UK, and Thailand declined compared to the previous year. On the same day, a financial analyst highlighted a positive near-term trend for the Nifty index, which may influence the stock's performance. On 2026-10-08, the company's sales in India rose 8%, but declines were noted in Europe and Thailand.

Financial performance

The company's annual revenue rose 6.2% year-over-year, while net profit surged 243.0%, driven by improved margins. The latest quarter saw revenue and net profit both rising compared to the same quarter a year earlier, with net profit growing 18.8% and revenue up 14.3%. The net profit margin expanded significantly to 4.7% from 1.5%.

Valuation multiples

The stock trades at 20.3 times earnings, 2.31 times book value. It yields 2.1%.

Things to watch

The stock is 22.5% below its 52-week high, and the company's revenue growth has slowed, with a 3-year CAGR of -1.6%. Promoter holdings decreased slightly, and domestic institutional holdings dropped, while foreign institutional holdings increased. The company's return on equity is 10.6%, which is relatively low compared to its profit growth.

Where it stands

Tata Steel's latest quarter showed strong growth in India, with production and deliveries rising, but sales in Europe and Thailand dipped. The company's net profit margin has improved significantly, but revenue growth has slowed. The stock is trading below its 52-week high, and promoter holdings have slightly declined.

Summarised by DocStoX's model on 2026-10-10 from company filings, exchange data and news. This is a factual summary, not a rating or a recommendation. Informational only, not investment advice. Consult a SEBI-registered adviser before investing.