Motilal Oswal is bullish on Tata Steel has recommended buy rating on the stock with a target price of Rs 240 in its research report dated 07, 2026.

The firm's revenue from operations rose more than 6% YoY to Rs 56,646.05 crore during the quarter under review.

Tata Steel: MOFSL said India's steel demand is projected to grow at 8-10 per cent over FY26-30, backed by a robust demand environment, policy support, and ongoing recovery in industry fundamentals.

Tata Steel stock gained 3% to hit a high of Rs 203 in early deals against the previous close of Rs 197.05.

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Nucor expects "higher consolidated earnings with improved results across all 3 operating segments" in the first quarter of 2026, supported by "healthy demand environment, typical positive seasonal ...