Tata Metal share worth: Purchase Tata Metal, goal worth Rs 1390: Axis Securities


Axis Securities has purchase name on Tata Metal with a goal worth of Rs 1390. The present market worth of . is Rs 1003.5. Time interval given by analyst is one yr when Ltd. worth can attain outlined goal.

Tata Metal Ltd., included within the yr 1907, is a Giant Cap firm (having a market cap of Rs 123203.52 Crore) working in Metals – Ferrous sector.

Tata Metal Ltd. key Merchandise/Income Segments embrace Metal & Metal Merchandise, Energy and Different Working Income for the yr ending 31-Mar-2021.

Financials

For the quarter ended 31-03-2022, the corporate reported a Consolidated Complete Earnings of Rs 69615.70 Crore, up 14.42 % from final quarter Complete Earnings of Rs 60842.72 Crore and up 38.54 % from final yr similar quarter Complete Earnings of Rs 50249.58 Crore. Firm reported web revenue after tax of Rs 9675.77 Crore in newest quarter.

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Promoter/FII Holdings
Promoters held 33.92 per cent stake within the firm as of 31-Mar-2022, whereas FIIs owned 22.87 per cent, DIIs 20.41 per cent.

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