09-Nov-2026 08:32:16
TATASTEELGeneral news
Kotak Inst Eqt on Tata Steel ; Upgrade to Add, TP Rs 200
TATA’s 2QFY27 operating performance was in line, with strong India earnings offsetting persistent weakness in Europe. An increasing focus on downstream expansion and strategic sales of surplus iron ore should aid domestic margins in the medium term. In Netherlands, unresolved regulatory resolutions continue to cloud visibility on decarbonization investments Raise earnings estimates on higher domestic steel spreads
TATA STEEL LIMITED