BazaarBaazi

Stock · TATASTEEL · Metals & Mining

TATASTEEL share price target 2026

Support, resistance, the F&O structure and the BazaarBaazi Crack Score for TATA STEEL LIMITED, refreshed every end-of-day run. A systematic, data-only read on TATA STEEL LIMITED: where it trades versus its 50-day and 200-day lines, the live 52-week range, and momentum, refreshed from the scanner's real price series each run.

The verdict

BazaarBaazi reads TATASTEEL as cautious with a Crack Score of 37/100 as of 21 Jul 2026.
Crack Score
37/ 100
Cautious

BazaarBaaziSource & method

The scanner's readScanned · scanned 21 Jul 2026

Where TATASTEEL stands on the 500-name BazaarBaazi setup scanner: technicals, filed fundamentals and money flow read together, refreshed every run.

Scanned71 /100 setup score

Scanned and scored this run, but the evidence is incomplete or conflicted. The engine fails closed to NO_TRADE.

Technical axis

100/100

Fundamental axis

33/100

Money flow

25/100

Result pulse · Q4 FY26

87/100

Technical evidence

money-flow score 25.1/100 (weak)

Chaikin money flow -0.217 (distribution)

up/down volume 0.81x (sellers dominant)

OBV falling

RS slope -9.4% (3m)

RS line well below its high

relative strength falling vs NIFTY

below 50DMA

Red flags

below 200DMA (not a long-side trend)

profit growth strong (+146.9% YoY)

strong filed result (score 87.0)

Relative valuation

P/E (TTM)

21.6

P/E vs sector

+1.1%

Sector percentile

59

PEG

0.15

Scanner levels from the deterministic engine run of 2026-07-21, not a SEBI-registered recommendation and not investment advice. The fundamental axis reads the official filing: Q4 FY26 result.

Open the full 500-name Setup Scan.

Price target: support and resistanceComputed 21 Jul 2026

Support and resistance for TATASTEEL are read inside the latest show; no spot was printed in the most recent editorial note.

Levels are read inside the latest show. The most recent editorial reference is Systematic Read on 21 Jul 2026.

These are structural reference lines, not a SEBI-registered price target. BazaarBaazi is independent media; the levels frame how the desk reads the TATASTEEL chart, refreshed every end-of-day run.

The Crack Score, and how it is built37 / 100 · Cautious

The Crack Score is a deterministic 0 to 100 conviction number. Here is exactly what moved it for TATASTEEL, so the figure is a transparent signal rather than a vibe.

Editorial stanceLatest signed stance is bearish.-16
History consistency1 of the last 6 published verdicts held the same stance.-11
Structure qualityNo clean spot was printed in the latest note; levels are read inside the show.0
FreshnessThe desk reviewed today.+8
Conviction horizonThe latest read is framed on a swing horizon.+6

Base 50, adjusted by the factors above and clamped to 0 to 100. How the Crack Score works.

About TATA STEEL LIMITEDBusiness profile

What TATASTEEL actually does, and the edge that holds its position.

Tata Steel is a tale of two businesses under one ticker: a genuinely advantaged Indian operation chained to a structurally loss-making European one, and how you value the stock depends on which half you weight. In India, with operations in Jharkhand and Odisha, it serves automotive, packaging and infrastructure on a wide flat-product portfolio backed by captive raw material. In Europe, the United Kingdom plants at Port Talbot and Trostre and the Netherlands site at IJmuiden are squeezed by high energy and labour costs, with the UK government backing a shift to electric arc furnace steelmaking at Port Talbot. It is also the parent of Tata Steel Long Products and holds majority stakes in distribution subsidiaries.

Tata Steel's Indian operations benefit from captive iron-ore mines in Odisha and Jharkhand, which insulate it from spot raw-material price swings that burden rivals without captive resources. This backward integration is one of the strongest structural cost advantages in the domestic steel industry.

The F&O viewHorizon · swing

How the futures and options structure on TATASTEEL reads right now.

Editorial directionBearish
Horizonswing

The editorial price read on TATASTEEL is bearish. Strike-level option inventory is unavailable, so the page withholds writer, wall and pin claims. Single-stock F&O on TATASTEEL can be thinner than index F&O, so the desk weights price and filed evidence over raw OI. This is not a derivatives trade recommendation.

Why it movedLatest editorial line

The most recent BazaarBaazi read on what is driving TATASTEEL.

Systematic read: a disclosed, data-only model on real 1-year price structure.

Read in Systematic Read on 21 Jul 2026. Why TATASTEEL moved, the living explainer, tracks every move on one URL.

The 2026 to 2030 pictureStructural read

What genuinely drives TATASTEEL over a multi-year horizon. A structural read, not a price forecast.

Over 2026 to 2030 the India business is the growth engine; the UK and Netherlands operations are a drag requiring capital for decarbonisation and restructuring. The key question is whether the India capacity expansion delivers volume and margin growth fast enough to offset the European restructuring costs. Global steel spreads and Chinese export discipline remain the sector-wide variable that no individual producer controls. WHAT BAZAARBAAZI THINKS: The bet here is simple to state and hard to time, namely India outgrowing the European anchor before it drags the consolidated numbers down; the captive iron-ore edge in India is real, and the risk the Crack Score cannot capture is Europe, where decarbonisation and restructuring can swallow far more cash and far more years than any single guidance line lets on.

What to watch:

Peers and how to compare4 listed names

The listed names TATASTEEL is most often read against. Compare them on the same Crack Score and levels.

JSW Steel · JSWSTEEL

Read the JSWSTEEL verdict and levels

Hindalco (diversified metals peer) · HINDALCO

Read the HINDALCO verdict and levels

SAIL (state-owned, listed)

Listed peer in the same space

ArcelorMittal (global benchmark)

Listed peer in the same space

Live valuation readQ4 FY26 earnings · live spot

P/E, P/B, yield and the quality set for TATA STEEL LIMITED, computed from the latest filed results times the live spot. The price-driven ratios (marked) refresh every session; ROE and margins hold until the next results.

P / E

21.6x

Earnings yield

4.62%

P / B

2.29x

P / S

1.01x

EV / EBITDA

9.7x

Dividend yield

2.14%

Market cap

Rs 2.34 lakh cr

Enterprise value

Rs 3.16 lakh cr

Stored from TATA STEEL LIMITED's filed results, as of 2026-07-21 and currency-checked. Price input Rs 187.24 from baked EOD spot. Open the calculator, move the price and watch every ratio react.

Latest filed resultsQ4 FY26

TATA STEEL LIMITED's most recent quarter, parsed straight from the official NSE filing. Every figure links back to its primary source.

Q4 FY26 · ended 31 Mar 2026Consolidated, audited · filed with NSE on 15 May 2026

Result Pulse

87 / 100

Revenue

Rs 63,270 cr

Net profit

Rs 2,965 cr

EPS (quarter)

Rs 2.34
GrowthYoYQoQ
Revenue+12.5%+11.0%
Net profit+146.9%+8.6%
Net margin+4.7%
What BazaarBaazi readsProfit acceleration
SourceOfficial NSE filing (XBRL)

Figures are the Q4 FY26 result for TATA STEEL LIMITED, parsed straight from the official NSE integrated filing and verified to the paisa. The EPS shown is for the quarter, not a trailing-twelve-month figure, so it is not a P/E input.

See every Q4 result the desk has read.

Earnings history, every filed quarter32 quarters on record

TATA STEEL LIMITED's official quarterly revenue, EPS and Result Pulse trail, every quarter the desk holds from the verified filings export, back to 30 Jun 2018. These are quarterly facts, not TTM valuation inputs.

TATASTEEL official result trail

32 quarters

Quarterly figures only: revenue, net profit and EPS are copied from official filings. EPS here is not trailing twelve month EPS and is not used for valuation.

QuarterRevenueEPSPAT YoYPulseSource
Q4 FY26ended 31 Mar 2026 / Consolidated, auditedRs 63,270 crRs 2.34n/an/aFiling
Q3 FY26ended 31 Dec 2025 / Consolidated, auditedRs 57,002 crRs 2.16n/a44/100Filing
Q2 FY26ended 30 Sep 2025 / Consolidated, auditedRs 58,689 crRs 2.49n/a60/100Filing
Q1 FY26ended 30 Jun 2025 / Consolidated, auditedRs 53,178 crRs 1.67n/a50/100Filing
Q4 FY25ended 31 Mar 2025 / Consolidated, auditedRs 56,218 crRs 1.04n/a50/100Filing
Q3 FY25ended 31 Dec 2024 / Consolidated, auditedRs 53,648 crRs 0.26n/an/aFiling
Q2 FY25ended 30 Sep 2024 / Consolidated, auditedRs 53,905 crRs 0.67n/an/aFiling
Q1 FY25ended 30 Jun 2024 / Consolidated, auditedRs 54,771 crRs 0.77n/an/aFiling
Q4 FY24ended 31 Mar 2024 / Consolidated, auditedRs 58,687 crRs 0.49n/an/aFiling
Q3 FY24ended 31 Dec 2023 / Consolidated, auditedRs 55,312 crRs 0.42n/an/aFiling
Q2 FY24ended 30 Sep 2023 / Consolidated, auditedRs 55,682 crRs -5.08n/an/aFiling
Q1 FY24ended 30 Jun 2023 / Consolidated, auditedRs 59,490 crRs 0.52n/an/aFiling
Q4 FY23ended 31 Mar 2023 / Consolidated, auditedRs 62,962 crRs 1.40n/an/aFiling
Q3 FY23ended 31 Dec 2022 / Consolidated, auditedRs 57,084 crRs -1.82n/an/aFiling
Q2 FY23ended 30 Sep 2022 / Consolidated, auditedRs 59,878 crRs 1.24n/an/aFiling
Q1 FY23ended 30 Jun 2022 / Consolidated, auditedRs 63,430 crRs 63.59n/an/aFiling
Q4 FY22ended 31 Mar 2022 / Consolidated, auditedRs 69,324 crRs 79.91n/an/aFiling
Q3 FY22ended 31 Dec 2021 / Consolidated, auditedRs 60,783 crRs 79.10n/an/aFiling
Q2 FY22ended 30 Sep 2021 / Consolidated, auditedRs 60,283 crRs 99.16n/an/aFiling
Q1 FY22ended 30 Jun 2021 / Consolidated, auditedRs 53,372 crRs 74.24n/an/aFiling
Q4 FY21ended 31 Mar 2021 / Consolidated, auditedRs 49,977 crRs 57.53n/an/aFiling
Q3 FY21ended 31 Dec 2020 / Consolidated, auditedRs 39,594 crRs 31.86n/an/aFiling
Q2 FY21ended 30 Sep 2020 / Consolidated, auditedRs 37,154 crRs 13.23n/an/aFiling
Q1 FY21ended 30 Jun 2020 / Consolidated, auditedRs 24,289 crRs -39.01n/an/aFiling
Q4 FY20ended 31 Mar 2020 / Consolidated, auditedRs 33,770 crRs -13.37n/an/aFiling
Q3 FY20ended 31 Dec 2019 / Consolidated, auditedRs 35,520 crRs -9.91n/an/aFiling
Q2 FY20ended 30 Sep 2019 / Consolidated, auditedRs 34,579 crRs 29.25n/an/aFiling
Q1 FY20ended 30 Jun 2019 / Consolidated, auditedRs 35,947 crRs 5.83n/an/aFiling
Q4 FY19ended 31 Mar 2019 / Consolidated, auditedRs 42,424 crRs 20.44n/an/aFiling
Q3 FY19ended 31 Dec 2018 / Consolidated, auditedRs 41,220 crRs 19.58n/an/aFiling
Q2 FY19ended 30 Sep 2018 / Consolidated, auditedRs 43,544 crRs 31.08n/an/aFiling
Q1 FY19ended 30 Jun 2018 / Consolidated, auditedRs 37,833 crRs 16.67n/an/aFiling

Open the covered-name earnings calendar.

The official financialsFiled to 31 Mar 2026

TATA STEEL LIMITED's statements as filed: trailing twelve month P&L, the balance sheet, and the cash engine. Parsed from official XBRL, shown in crore.

Trailing twelve months, on filed quarters

Revenue (TTM)

2,32,140 cr

Net profit (TTM)

10,886 cr

EBIT (TTM)

22,767 cr

Profit before tax (TTM)

15,600 cr

Net margin (TTM)

4.7%

Finance costs (TTM)

7,167 cr

Balance sheet, as filed 2026-03-31

Total assets

3,01,254 cr

Shareholder equity

1,03,780 cr

Total borrowings

92,382 cr

Cash and equivalents

8,885 cr

Inventory

47,249 cr

Trade receivables

4,917 cr

The cash engine, latest filed year

Operating cash flow

35,064 cr

Capex

14,559 cr

Free cash flow

20,505 cr

Investing flow

-14,905 cr

Financing flow

-21,387 cr

Annual trail, filed year over filed year

YearRevenueNet profitEquityBorrowingsCFO
FY262,32,140 cr10,886 cr1,03,780 cr92,382 cr35,064 cr
FY252,18,543 cr3,174 cr91,353 cr94,801 cr23,512 cr
FY242,29,171 cr-4,910 cr92,433 cr87,082 cr20,301 cr
FY232,43,353 cr8,075 cr1,05,175 cr84,893 cr21,683 cr
FY222,43,959 cr41,749 cr1,17,098 cr75,561 cr44,381 cr
FY211,56,294 cr8,190 cr77,508 cr81,901 crn/a

Every figure is parsed from TATA STEEL LIMITED's official NSE XBRL filings by the BazaarBaazi earnings lab and shown in crore rupees. Display data, not a valuation model input.

Management on record14 earnings calls

Every TATASTEEL earnings call BazaarBaazi has indexed, latest 31 May 2026. Read management in its own words, straight from the filed transcript.

TATA STEEL LIMITED earnings calls on record

14 calls since 31 Jul 2022

31 May 2026Quarter ended Q4FY26Transcript PDF
28 Feb 2026Earnings callTranscript PDF
30 Nov 2025Earnings callTranscript PDF
31 Aug 2025Quarter ended Q1FY26Transcript PDF
31 May 2025Quarter ended Q4FY25Transcript PDF
28 Feb 2025Earnings callTranscript PDF
30 Nov 2024Earnings callTranscript PDF
31 Aug 2024Quarter ended Q1FY25Transcript PDF
Show 6 older calls
30 Nov 2023Earnings callTranscript PDF
31 Jul 2023Quarter ended Q1FY24Transcript PDF
31 May 2023Quarter ended Q4FY23Transcript PDF
28 Feb 2023Earnings callTranscript PDF
31 Oct 2022Quarter ended Q2FY23Transcript PDF
31 Jul 2022Quarter ended Q1FY23Transcript PDF

Each entry links to the transcript PDF the company filed with the exchange. Primary sources, in management's own words.

What changed78 disclosures

Every recent official filing from TATA STEEL LIMITED, straight from the exchange feed, with the BazaarBaazi Event Heat on the disclosure flow.

TATA STEEL LIMITED has filed 78 official disclosures recently. The most recent is a Regulatory dated 10 Jul 2026.

Event Heat

5 / 100
10 Jul 2026
RegulatoryWatch

disclosure under Regulations 30 and 51 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

Filing
08 Jul 2026
Press releaseWatch

a press release dated July 08, 2026, titled "Tata Steel: 1QFY2027 Production and Delivery Volumes (Provisional)

Filing
07 Jul 2026
RegulatoryWatch

Certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended June 30, 2026

Filing
02 Jul 2026
AGM / EGMRoutine

Proceedings of Annual General Meeting held on July 02, 2026. Further, the Company has submitted the Exchange a copy of Srutinizer's report along with voting results.

Filing
02 Jul 2026
AGM / EGMRoutine

Proceedings of Annual General Meeting held on July 02, 2026. Further, the company has submitted the Exchange a copy of Srutinizers report along with voting results

Filing
02 Jul 2026
DisclosureWatch

Investor Presentation

Filing
26 Jun 2026
Legal matterCautionary

Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company

Filing
24 Jun 2026
M&AWatch

acquisition of equity stake in T Steel Holdings Pte. Ltd

Filing
Event Heat5 / 100 · Cautionary

Event Heat is a dated net read of TATA STEEL LIMITED's last 90 days of official disclosures, balancing the constructive filings against the ones to watch. It is a signal from what the company has filed, not investment advice. Every line above links to its official exchange filing, and the full market desk is at the disclosures hub.

See what changed across the whole market.

Key fundamentalsEditorial reference

The anchor data BazaarBaazi references when reading the TATASTEEL chart. Not a substitute for a registered research note.

TickerTATASTEEL
Full nameTATA STEEL LIMITED
SectorMetals & Mining
Index classLARGE CAP
ISININE081A01020
Market-cap band~2.4 lakh cr (indicative)
Last referenced levelInside latest show
Last session moveNot referenced this cycle
Editorial line inSystematic Read on 21 Jul 2026
Aliases trackedTATASTEEL

Reference chart21 Mar 2025

The daily frame the desk reads on TATASTEEL.

TATASTEEL daily price chart, BazaarBaazi reference frame, 21 Mar 2025
Reference frame, 21 Mar 2025. Levels are read inside the latest show.

FAQ17 reader questions · AEO-eligible

The line on TATASTEEL, distilled and schema-marked for AI Overview, Perplexity, and reader search.

What is the TATASTEEL share price target for 2026?

BazaarBaazi does not publish a SEBI-registered price target on TATASTEEL. The desk reads structural support and resistance inside each show against the printed spot; the most recent editorial line is Systematic Read on 21 Jul 2026.

What is BazaarBaazi's Crack Score for TATASTEEL?

The BazaarBaazi Crack Score for TATASTEEL is 37 out of 100 as of 21 Jul 2026, a cautious reading. It is a computed conviction number from the signed stance, how consistent the recent verdicts have been, the quality of the printed structure, and how fresh the review is. It is a transparency signal, not investment advice.

What is the F&O view on TATASTEEL?

Strike-level option inventory for TATASTEEL is unavailable, so BazaarBaazi withholds participant, direction and positioning claims. The editorial chart stance is not substituted for an option-chain observation.

What sector is TATASTEEL in and which peers does BazaarBaazi track?

TATASTEEL sits in Metals & Mining (large cap), indicative market cap ~2.4 lakh cr (indicative), ISIN INE081A01020. The peers BazaarBaazi reads alongside it are JSW STEEL LIMITED, GRAVITA INDIA LIMITED, Lloyds Metals and Energy Limited. A systematic, data-only read on TATA STEEL LIMITED: where it trades versus its 50-day and 200-day lines, the live 52-week range, and momentum, refreshed from the scanner's real price series each run.

How often is the TATASTEEL view updated?

This page is one evergreen URL refreshed in place. The Crack Score and levels re-compute on every BazaarBaazi end-of-day run, and the dated stamp shows the last refresh. The latest signed verdict on TATASTEEL is bearish, published in Systematic Read on 21 Jul 2026.

Is Tata Steel a good long-term stock?

What drives this name is the captive-ore advantage powering Indian spreads and volume, and the risk the Crack Score cannot fully capture is the European drag, where decarbonisation and restructuring can consume cash for longer than the market expects. The long-term case is a bet on India outgrowing that drag over a full capex cycle; the Crack Score reflects the current balance.

What is the Tata Steel share price target for 2030?

A 2030 number would have to predict four years of steel spreads and the open-ended cost of fixing Europe at the same time, which is exactly why it cannot be done honestly here. The 2030 case depends on India capacity additions, European restructuring cost, global steel spreads and net debt reduction pace; the Crack Score gives the current structural read.

Why is Tata Steel share price falling?

What sets this name apart on the way down is that a bad European print can sink the consolidated number even when India is fine, alongside the usual spread compression, net-debt worries or a commodity-wide risk-off. Track the India segment EBITDA separately from the European segment to distinguish structural from cyclical moves.

Is TATASTEEL a qualifying setup on the BazaarBaazi scanner right now?

On the 2026-07-21 run of the 500-name BazaarBaazi setup scanner, TATA STEEL LIMITED sits in the Scanned tier with a setup score of 71/100 (technical 100, fundamental 33). The scanner is a deterministic engine over real OHLCV and official filings, refreshed nightly, and it is a signal rather than investment advice.

Where can I read TATA STEEL LIMITED's earnings call transcripts?

BazaarBaazi indexes 14 TATASTEEL earnings calls going back to 2022-07-31, latest 2026-05-31. Every entry on this page links straight to the transcript PDF the company filed with the exchange, so you read management in the primary source.

What was TATA STEEL LIMITED's Q4 FY26 net profit?

TATA STEEL LIMITED reported a net profit of Rs 2,965 cr for Q4 FY26 (the quarter ended 31 March 2026). That is +146.9% year on year. The figure is from the company's official NSE filing.

What was TATA STEEL LIMITED's Q4 FY26 revenue?

TATA STEEL LIMITED reported revenue of Rs 63,270 cr for Q4 FY26. That is +12.5% year on year. The figure is from the company's official NSE filing.

How does BazaarBaazi rate TATA STEEL LIMITED's Q4 FY26 result?

BazaarBaazi gives TATA STEEL LIMITED's Q4 FY26 result a Result Pulse of 87 out of 100, with a verdict of Profit acceleration. The Result Pulse is a BazaarBaazi editorial score for the quality of the filed result, not investment advice.

What has Tata Steel Ltd announced recently?

Tata Steel Ltd's two most material recent disclosures are a regulatory dated 10 Jul 2026, "Regulations 30 and 51 of the SEBI (Listing Obligations…", and a press release dated 08 Jul 2026, "Tata Steel: 1QFY2027 Production and Delivery Volumes…". Both link to the company's own official filing on the BazaarBaazi stock page.

Has Tata Steel Ltd declared a dividend recently?

Yes. Tata Steel Ltd filed a dividend disclosure on 12 Jun 2026, filed as "Dividend - Rs 4 Per Share". Any amount shown is the exchange's own record, linked from the BazaarBaazi stock page. A dividend is a declared payout, not a forecast of future returns.

What did Tata Steel Ltd's latest board meeting cover?

Tata Steel Ltd's most recent board-meeting disclosure on record dated 03 Jun 2026 reads "Notice of Annual General Meeting to be held on July 02, 2026". That is the agenda as filed with the exchange, linked from the BazaarBaazi stock page, and BazaarBaazi adds no claim of its own to it.

Has Tata Steel Ltd's credit rating been updated recently?

Tata Steel Ltd filed a credit-rating disclosure on 29 May 2026, recorded with the exchange as "Credit Rating". The detail sits in the linked filing on the BazaarBaazi stock page. A rating action is an agency view on debt, separate from the share price.

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