21-Oct-2026 07:52:28
TATASTEELGeneral news
HSBC ON TATA STEEL ; BUY | TP ₹260
• Steep increase in valuation discount versus peers is unwarranted. • Investor concerns centre on post-2030 India profitability, Netherlands operations and potential market share loss in India. • HSBC expects India's business to remain strong, supporting further debt reduction.
TATA STEEL LIMITED