Tata Steel Share Price returned 31.18% CAGR in 3 years
Tata Steel Limited (NSE: TATASTEEL) company’s core business segment is into Steel and is been selected for investing long term horizon over an year and above based on the strong fundamental and technical analysis provided here in this article.
Technical analysis indicators; Simple Moving Average (SMA) 200 value 115.7 which is below the SMA 300 value 119.8 while the Relative Strength Index (RSI) is showing at 73.85.
The trendline is weak but the RSI indicates a bullish momentum ahead. This can be an accumulation period through stock SIP investment option in
Zerodha Trading App
for better stock price averaging while investing.
The market capitalization as on publishing day stands at Rs. 122581/- Crore positioning it in bluechip stocks group listed on NSE India.
What made Tata Steel Share Price to return 31.18% CAGR in 3 years?
Tata Steel Share Price is currently trading at Rs.
107.6
per stock &
Tata Steel Technical Chart
the performance of the stock over the last 3 years of time frame which is considered to be a good investment period shows amazing profits at CAGR 31.18%
& now the opportunities indicates to invest based on above technical & following stock fundamentals.
Tata Steel's 52 week low price at Rs. 82.7/- & 52 week high price at 153.45/-
Why one should consider Tata Steel Share Price now?
Following are the strong fundamental analysis of Tata Steel Share Price which will definitely make to think in one of the bluechip companies of India for decent profits for a medium to long term investment horizon.
Fundamental Analysis of Tata Steel
| Market Capitalization | Rs. 122581 Crore | Return On Equity (ROE) | 42.56% |
| P/E Ratio (TTM) | 0.31 | EPS (TTM) | 31.91 |
| P/B Ratio | 0.11 | Dividend Yield | 5.08% |
| Industry P/E Ratio | 9.9 | Book Value | 93 |
| Debt to Equity | 0.66 | Face Value | 1 |
Financial Statement of Tata Steel
| Yearly | Revenue (Rs. Crores) | Profit (Rs. Crores) | Net Worth (Rs. Crores) |
| 2018 | 124,110.0 | 13,434.0 | 60,871.0 |
| 2019 | 157,669.0 | 10,218.0 | 68,925.0 |
| 2020 | 148,972.0 | 1,557.0 | 73,576.0 |
| 2021 | 156,477.0 | 7,490.0 | 74,239.0 |
| 2022 | 243,959.0 | 40,154.0 | 114,443.0 |
Shareholding Pattern of Tata Steel
| Promoters | 33.92% |
| Retail Investors | 25.22% |
| Foreign Investors | 21.95% |
| Mutual Funds | 9.21% |
| Other Domestic Institutions | 9.70% |
Tata Steel Limited
Tata Steel Limited; the Indian company of the century which changed the frame work of the industry in terms of infrastructure, ecosystem, economy growth & employee welfare policies etc., founded in the year 1907 had expanded 5 continents with employee base of 65000 had become a largest steel producers of crude steel capacity of 34 million tonnes per annum.
The company is awarded "Great Place to Work-Certified", Top 10 companies for its people first approach, India’s most valuable Metals & Mining etc., with sales turnover around 1.5 lakh crore in last financial year. Read more about Tata Steel Limited company here from its official website.
Competitors of Tata Steel
As Tata Steel comes under Steel sector; there are quiet a few peer competitors to TATASTEEL and here is a list of Top 5 Steel Companies based on market capitalization as on publishing day are as follows…
How to invest in Stock Market with the Best Trading App in India?
Here is the list of top stock brokers in India who made the trading in stock market made hassle free and best user experience with very attractive competitive brokerage charges.
- Zerodha
- Groww
- 5paisa
What makes the best to go for Zerodha Account Opening
Breaking the barriers of brokerage charges among other competitors by the time company incorporated in 2010; Evolve, rise & conquer the market with flat Rs.20/- or less; which ever is low concept, now Zerodha is on India's no.1 position.
Zerodha Kite Features
Why don't to utilize the Stock SIP investing option to invest in Tata Steel on regular basis on convenient day of every month on Zerodha product Kite. Now Zerodha Account Opening is very easy and Zerodha Demat Account for starting stock SIP investing right now.
Do you know the stock broker who turned-up unicorn: Groww App
The tough competitor now to Zerodha is Groww who turned-up unicorn startup of India facilitating not only the stocks investing but also mutual funds unlike Zerodha only provides stock trading. Groww recently introduced US stocks trading into its new product offering. Why waiting for something else and start investing right now in Tata Steel with Groww App.
Groww App Download
Excited; how to open Demat account with Groww App; Here we share a link for opening the Demat account with Groww App.
Never forget the senior broker: 5paisa
Senior most broker among the above; 5paisa (a.k.a. IIFL Securities) using different accounts over a period of time; found 5paisa is now in line to the charges and best user experience with the app. So why don’t to consider buying Tata Steel now, click here to open Demat account with 5paisa App.
References and Links:
- Tata Steel stock chart: https://chartink.com/stocks/TATASTEEL.html
- About Tata Steel Company Profile: https://www.tatasteel.com/
- Zerodha Account Open: https://zerodha.com/open-account?c=XT4406
- Groww Account Open: https://app.groww.in/v3cO/ytmyw8ym
- 5paisa Account Open: https://cutt.ly/qLf9zZW
It takes 30 long years to turn Rs.1/- worth Rs.1000/- which means doubling money once in every 3 years at a rate of CAGR 26.67% returns. Early investment start time is NOW else 30 years before :-)
-------+-{@ * * * Happy investing for prosperity * * * @}-+--------
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