Tata Steel stock gets INR 220 target from Motilal Oswal

Published on 09/25/2026 at 13:22 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Tata Steel stock carried an INR 220 target in a September 21, 2026 research report. Q1 FY27 revenue rose 14.3 percent to INR 60,794.29 crore.

Tata Steel, INE081A01020, Illustration mit AI erstellt.

Tata Steel (ISIN INE081A01020) stood at INR 187.79 on the NSE on September 25, 2026, at 3:14 p.m. IST, down 0.12 percent from the prior close of INR 188.02. The immediate stock catalyst is a fresh INR 220 target from Motilal Oswal, while the latest reported quarter showed double-digit growth in revenue and net profit.

INR 220 target resets valuation

According to Moneycontrol, Motilal Oswal reiterated its BUY rating in a research report dated September 21, 2026, and assigned Tata Steel a target price of INR 220 based on its FY28 estimate. Against the NSE quote of INR 187.79, that target is 17.15 percent higher.

The brokerage linked its view to stronger domestic steel pricing, capacity expansion and resilient demand. It also identified cost inflation as a margin risk, while Tata Europe's earnings remain exposed to regulatory decisions, energy costs and steel spreads, according to Moneycontrol.

Q1 revenue rose 14.3 percent

Tata Steel's Q1 FY27 consolidated revenue from operations reached INR 60,794.29 crore, up 14.3 percent year over year, while consolidated net profit rose 11.6 percent to INR 2,318.35 crore. Sahi identified the reporting period as the quarter ended June 30, 2026, and attributed the revenue increase to domestic volume performance and stable Indian steel realizations.

The earnings profile gives the target a measurable operating base: revenue growth exceeded the 11.6 percent increase in net profit, indicating that the quarter's expansion did not translate into an equal rate of bottom-line growth. That difference keeps domestic margins and European execution central to the valuation debate.

NSE quote is below yearly high

Tata Steel's market capitalization was INR 2,344,276,465,000 on September 25, 2026. The stock's 52-week range was INR 160.06 to INR 224.40, placing the reference price 16.32 percent below the yearly high and 17.34 percent above the yearly low.

The NSE quote stood at INR 187.79 on September 25, 2026, at 3:14 p.m. IST. For investors, the central comparison is now the INR 220 research target against Q1 FY27 revenue growth of 14.3 percent and net profit growth of 11.6 percent.