29 Sep 2025 | 5 Mins Read
Tata Steel accumulates with Rs 181 target
Flipitmoney
Tata Steel targets 40mtpa capacity over 5 years, driven by KPO-II expansion. Ramp-up is on track with CRM lines in Q2FY26. EC for NINL's 9.5mtpa expansion is in advanced stages. Tata Steel aims to commission 0.75mtpa EAF in Q4FY26, with two more projects to follow. The stock trades at 6.2x FY27 EBITDA, maintaining an Accumulate rating with a revised target price of 181.