India's largest steel co. Tata group's second largest followed by tata motor ( JLR owner) and just behind leading IT giant TCS Net Sales grown 16.56% annually and Operating profit at 51.09% Low debt <20%, Commands high brand value Presence pan India, Europe, South asia and only expanding. Steel applications- Agriculture, automotive, engineering , construction, consumers goods etc
Fundamentals- Its 2022, War is on in russia, west plays the sanction game, the world seeks for alternate players to supply. India stands to gain. If china moves next on taiwan, the game only accelerates for indian players, being a diplomatic ally of all with ease of trade and geographical advantage
Inflations at ath, commodities to only get expensive, oil trades on $118 on date, aiming 2008 recession levels. READY FOR COMMODITY SUPER CYCLE ?
____________________________________ Short term 1950 long term- 5 years, 5x multiple
Macro view -
Note
Announces 51rs/ share dividend And 10:1 Stock Split
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.