19 Feb 2026 | 5 Mins Read
Motilal Oswal predicts 15% upside for Tata Steel shares
Flipitmoney
Motilal Oswal upgraded the price target for Tata Steel to Rs 240 with a 15% upside potential. The domestic brokerage house maintained its 'Buy' rating. Key reasons include strong Indian steel demand growth (8-10%), capacity expansion in India up to 40 million tonnes per annum, multiple ongoing projects, improvement in Europe operations, government price support, and policy-led growth.