Tata Steel's Premium Valuation Highlights Mixed Trends in Steel Industry Performance
Tata Steel, a major player in the steel industry, has a market capitalization of Rs 1,76,204.99 crore and a P/E ratio of 57.42, indicating a premium valuation. The stock has shown mixed performance, with recent gains contrasting a longer-term decline, reflecting a complex market environment.
Tata Steel, a prominent player in the Steel/Sponge Iron/Pig Iron industry, has shown notable activity today, aligning its performance with sector trends. The company's market capitalization stands at Rs 1,76,204.99 crore, categorizing it as a large-cap stock. In terms of valuation, Tata Steel's price-to-earnings (P/E) ratio is currently at 57.42, significantly higher than the industry average of 32.16. This indicates a premium valuation compared to its peers.
Today, Tata Steel's stock performance registered a slight increase of 0.04%, contrasting with a minor decline in the Sensex, which fell by 0.14%. Over the past week, Tata Steel has outperformed the Sensex, gaining 2.92% compared to the index's 1.85% rise. However, the stock has faced challenges over the longer term, with a one-year performance decline of 14.71%, while the Sensex has increased by 8.33% during the same period.
Moving averages reveal that Tata Steel is currently above its 5-day and 100-day averages but below its 20-day, 50-day, and 200-day averages, indicating mixed short- to medium-term trends. Overall, Tata Steel's performance metrics reflect a complex landscape within the steel industry.
{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)
{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Target Price
{{sm.target_price }}
({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
₹{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News
Most Read
