Tata Steel share Price: Tata’s share is in the mood to become a rocket, you can also bet! – Bollywood Keeda

Tata Steel share price: In the volatile trading phase of the stock market, slight weakness was recorded in the shares of Tata Steel on Friday. It fell by 50 paise and reached the level of Rs 145.40. Now this stock seems to be in the mood to become a rocket. The 52-week high level of shares of Tata Steel, the Tata Group giant with a market cap of Rs 1.82 lakh crore, is Rs 147.40, while the 52-week low is Rs 101.55.

Tata Steel shares have been witnessing volatile trading for the last few days. However, in the last one month, Tata Steel shares have given a return of 9 percent to investors from the level of Rs 133. In the last 6 months, Tata Steel shares have given a return of 25 percent from the level of Rs 117. Shares of Tata Steel have given a return of 37 percent to the stock investors in the last one year from the level of Rs 106.

On March 1, 2019, shares of Tata Steel were at the level of Rs 50.76. From where investors have got a bumper return of 187 percent. From the level of Rs 6.95 on January 1, 1999, the shares of Tata Steel Limited have made the investors rich by giving a bumper return of 1992 percent.

Tata Steel Limited, the giant company of Tata Group, is known for giving bumper dividends to the stock market investors. In the year 2023, the company had given a dividend of 360 percent. Tata Steel is busy taking advantage of the rapid growth in the country’s infrastructure business. Many brokerage firms have said that between 2023 and 26, steel demand in India may increase by 6.6 percent annually to reach 145 million tonnes. Tata Steel is continuously working on increasing its capacity.

Many brokerage houses have also said that Tata Steel shares may perform better in the next few days. Tata Steel had given a reward of Rs 51 per stock to investors in the year 2022 and these shares were divided in the ratio of 10 to one. Earlier in the year 2021 and 2020, Tata Steel had given dividend of Rs 25 and Rs 10. Stock market experts say that you can buy Tata Steel shares at a target of Rs 185.

Note: Before investing in the stock market, take expert advice.

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