Tata Steel share price: targets up to ₹250 in 2026

Stock back in focus after a sharp rebound

Shares of Tata Steel have remained on investors’ radar after a strong recovery from their recent lows. The stock is stated to have gained 36% from its 52-week low over the past year. One reported low point was ₹149.70 on June 13, 2025, while another reference cited a yearly low of ₹125.35 on April 9 last year. Against this backdrop, multiple brokerages have reiterated positive views, citing domestic demand, cost advantages, and the scope for margin improvement.

What happened in the latest session

In the latest trading update cited, Tata Steel closed at ₹198.05 on Tuesday and then rose about 4% to an intraday high of ₹206.45 in the current session. Separately, the stock price for TATASTEEL as of June 9, 2026 was mentioned as ₹201.80. Another data point showed ₹202.72, down ₹4.05 (1.96%) on a 1-day basis. These prints indicate active trading interest around the ₹200 zone, with the stock oscillating amid shifting views on steel prices and demand.

Recent performance: six-month and one-year returns

Tata Steel shares are stated to have risen 26% over six months and gained 29% over one year. Another performance snapshot said the stock has shown a 24.53% increase over the last year, along with a 5.46% weekly rise and a 5.57% monthly rise. While the percentage figures differ across sources and time windows, the common theme is that the stock has staged a sustained rebound from its lows.

52-week range: conflicting lows, clear resistance levels

The dataset cited a 52-week high of ₹224.40 and a 52-week low of ₹149.80, and repeated the same range elsewhere. In another reference, Tata Steel was said to have hit a 52-week high mark of about ₹203.00 per share on BSE after the company reported a sharp jump in profit, while other mentions referred to a move near ₹187 as a 52-week high in a different period. Taken together, the numbers suggest the stock has traded across a wide band over the past year, with multiple “high” references likely reflecting different observation windows.

Brokerage calls: targets cluster around ₹235 to ₹250

Brokerages cited in the text have largely maintained constructive stances, with targets mostly clustered in the mid-₹200s. Nomura has a price target of ₹240, citing resilience, strong domestic demand, and cost advantages. Motilal Oswal has been cited with targets of ₹250 in one note and ₹240 in another note, both supported by an SOTP framework and a continued Buy call. YES Securities has an ‘add’ call with a target price of ₹240.

Axis Securities was cited with a hold rating and a target of ₹235, raised from an earlier ₹220. Another Axis Securities reference also mentioned a Buy call and a target of ₹195 in a separate context. Anand Rathi was said to have upgraded Tata Steel to ‘Buy’ with a target of ₹240, pointing to improving realisations, cost takeout initiatives, and expectations that UK operations may breakeven in FY27.

Analyst consensus: buy-heavy, but not one-way traffic

Bloomberg data cited in the text showed a consensus rating split of 51% buys, 29.7% holds, and 18.9% sells. The same set of estimates suggested an average return potential of 11.6%. Another “market expectation” snapshot (based on publicly available news and brokerage expectations) reported 45.45% Buy, 33.33% Hold, and 21.21% Sell. While the exact splits differ, both indicate that Buy recommendations form the largest share, with a meaningful minority still cautious.

What brokerages are highlighting: demand, costs, capacity, and Europe

Across the cited notes, the positive case rests on improving domestic steel demand and a stronger pricing outlook. Motilal Oswal also pointed to ongoing capacity expansions and a gradual turnaround in the EU business. Nomura’s constructive stance was tied to Tata Steel’s resilience, strong domestic demand, and cost advantages.

Anand Rathi’s upgrade referenced improving realisations and ongoing cost takeout initiatives, along with the view that UK operations may breakeven in FY27. Another brokerage comment highlighted near-term uncertainties due to price volatility and trade barriers, while still maintaining a positive longer-term view.

Financial snapshot and valuation references mentioned

A key fundamental trigger mentioned was Tata Steel’s Q3FY26 performance, where consolidated net profit reportedly jumped 824% year-on-year to ₹2,730.37 crore. In another valuation reference, Motilal Oswal noted that Tata Steel was trading at 7.4x FY27E EV/EBITDA at the then-current market price and reiterated a Buy view with an SOTP-based target.

A separate valuation framework cited that the stock was trading at around 2 times FY27E price-to-book, for an expected return on equity of 13% to 18% over FY26 to FY28E. Jefferies was also cited as valuing the India business at 8.5 times September 2027 EV/EBITDA while assigning zero enterprise value to Tata Steel Europe.

Key data points at a glance

Market impact: what investors are watching next

The stock’s move from the ₹150 zone to around ₹200 has kept attention on near-term resistance levels closer to the cited highs, alongside the durability of domestic demand. For investors, the key near-term debate is how steel price volatility and trade barriers influence earnings momentum, an uncertainty highlighted in the brokerage commentary. The large spread in cited 52-week highs and lows also signals that the stock’s trading narrative has shifted across different periods, from recovery mode to consolidation near the ₹200 range.

Conclusion

Tata Steel’s recent rebound and a buy-leaning consensus have kept broker targets concentrated between ₹235 and ₹250, with several houses citing domestic demand strength, cost actions, and gradual improvement in Europe. Investors will likely track how demand and pricing evolve alongside ongoing capacity expansion and updates on the company’s EU operations, including the FY27 breakeven expectation mentioned for the UK business.