Authored by : ET Now Digital Updated May 21, 2024 | 12:41 PM IST Tata Steel shares today hit a 52-week high amid firm buying in the metal space.
(Pic: Shutterstock/ET NOW)Tata Steel Share Price Target, Tata Steel Dividend 2024: Tata Steel shares on Tuesday extended the winning streak to the 8th consecutive session amid firm buying in metal pack.
Tata Steel shares are trading higher than 5-day, 20-day, 50-day, 100-day and 200-day moving averages.
Tata Steel Share Price Target 2024Domestic brokerage firm ICICI Securities is very much bullish on Tata Steel shares as it has has upgraded its rating to BUY from ADD and also hiked the target.
Tata Steel Dividend 2024Tata Steel is a Tata Group company.
Authored by : ET Now Digital Updated May 21, 2024 | 12:41 PM IST Tata Steel shares today hit a 52-week high amid firm buying in the metal space. (Pic: Shutterstock/ET NOW)
Tata Steel Share Price Target, Tata Steel Dividend 2024: Tata Steel shares on Tuesday extended the winning streak to the 8th consecutive session amid firm buying in metal pack. The Tata stock under Rs 200 gained as much as 2 per cent to hit a year high of Rs 171.90 on NSE around 11 AM. More than 2.50 crore shares of the company changed hands around the same time.
Tata Steel shares are trading higher than 5-day, 20-day, 50-day, 100-day and 200-day moving averages.
Tata Steel Share Price Target 2024
Domestic brokerage firm ICICI Securities is very much bullish on Tata Steel shares as it has has upgraded its rating to BUY from ADD and also hiked the target.
ICICI Securities said that it sees Tata Steel shares touching the levels of Rs 200 soon. The previous target price for Tata Steel shares was Rs 150.
Tata Steel Dividend 2024
Tata Steel is a Tata Group company. The Tata stock has not paid or distributed any dividend to its shareholders in 2024 so far. Also, there is no update from the company on next dividend or upcoming dividend in Q4 results. Tata Steel Q4 results FY2024 is yet to be announced.
Tata Steel Dividend History
According to BSE website, Tata Steels had last paid a dividend of Rs 3.60 on each stock to its investors in June 2023. In June 2022, Tata Steel had rewarded its investors by paying a dividend of Rs 51 just ahead of the stock split.
Back in 2021 and 2020, Tata Steel had paid a dividend of Rs 25 and Rs 10, respectively, on each stock.
Tata Steel Share Price History
Tata Steel is a largecap stock. It is a constituent of S&P BSE SENSEX. As per BSE analytics on May 21, Tata Steel shares have delivered a positive return of 19 per cent in the last three months, 36 per cent in six months and 64 per cent in a year.
The Tata stock has delivered a multibagger return of 263 per cent in the last 5 years, resulting in wealth gain for investors.
Tata Steel is headquartered at Mumbai. The company commands a market cap of Rs 2,14,715.21 crore as per BSE website.
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(Disclaimer: The above article is meant for informational purposes only, and should not be considered as any investment advice. ET NOW DIGITAL suggests its readers/audience to consult their financial advisors before making any money related decisions.)
