09 Feb 2026 | 5 Mins Read
Tata Steel shares surge 5% to record high amid target price hikes
Flipitmoney
Tata Steel shares jumped 5% to a record high of Rs 206.34 apiece on February 9, following its Q3 FY26 results showing a 723% YoY net profit rise to Rs 2,689.70 crore, and a 14.58% operating EBITDA margin. Brokerages like JM Financial, Motilal Oswal, and Emkay Global raised their target prices, with an average upside potential of 20-22% from the previous closing price.