Tata Steel Share Price Drops 1.33% : On Tuesday, 18 February 2025, the Indian stock market opened on a negative note, with both major indices, BSE Sensex and NSE Nifty-50, witnessing declines. The Sensex fell by 188.71 points (-0.25%) to 75,808.15, while the Nifty dropped by 80.05 points (-0.35%) to 22,879.45. Amid this market downturn, Tata Steel Limited shares were trading at ₹132.53, marking a 1.33% decline from the previous closing price.
Tata Steel Share Price Performance
At around 12:32 PM on Tuesday, Tata Steel shares opened at ₹134.29. The stock reached a day high of ₹134.79 and a day low of ₹131.75. By 3:00 PM, just 30 minutes before market closing, the stock was trading at ₹134.15, recovering slightly from its earlier dip. Over the past year, Tata Steel investors have faced a 6.64% loss, reflecting the challenges in the steel sector.
Key Metrics for Tata Steel
- 52-Week High and Low: The stock’s 52-week high stands at ₹184.60, while the 52-week low is ₹122.62.
- Market Cap: Tata Steel’s market capitalization decreased to ₹1,65,407 crore during Tuesday’s trading session.
- P/E Ratio: The company’s Price-to-Earnings (P/E) ratio is 58.4, indicating its valuation in the market.
- Outstanding Debt: As of 18 February 2025, Tata Steel has a total outstanding debt of ₹99,392 crore, highlighting its financial obligations.
Market Context
The broader market decline on Tuesday was driven by mixed global cues and cautious investor sentiment. Tata Steel, a key player in the steel industry, has been navigating challenges such as high debt levels and sector-specific volatility. Despite these hurdles, the company remains a significant player in India’s industrial and manufacturing landscape.
Tata Steel Share Price Range
On Tuesday, Tata Steel shares traded in the range of ₹131.75 to ₹134.79, closing at ₹132.53, a 1.33% decline from the previous close. This performance reflects the ongoing volatility in the steel sector and the broader market.
Tata Steel Share Price Target
According to Yahoo Financial Analyst, Tata Steel has a BUY rating with a target price of ₹190, representing a potential 43.36% upside from the current price of ₹132.53.
Tata Steel’s Historical Performance
- Year-to-Date (YTD) Return: -3.98% (compared to -3.15% for the S&P BSE Sensex).
- 1-Year Return: -4.97% (compared to +4.48% for the S&P BSE Sensex).
- 3-Year Return: +163.79% (compared to +30.85% for the S&P BSE Sensex).
- 5-Year Return: +663.75% (compared to +85.05% for the S&P BSE Sensex).
While Tata Steel’s share price experienced a dip on 18 February 2025, the company’s long-term growth potential in the steel industry remains strong. Investors should monitor key metrics like debt reduction, market cap trends, and sector developments to make informed decisions.
Stay tuned for more updates on Tata Steel and the latest trends in the stock market!
Disclaimer: This article is for information only. It should not be considered as investment advice in any way. Investment in the stock market is based on risk. Before investing in the stock market, definitely consult your financial advisor. bindaasbola.com will not be responsible for any financial loss.
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