EVOQUE5000

TATA STEEL

Long
EVOQUE5000 Updated   
NSE:TATASTEEL   TATA STEEL LTD
www.tatasteel.com/

India's largest steel co.
Tata group's second largest followed by tata motor ( JLR owner) and just behind leading IT giant TCS
Net Sales grown 16.56% annually and Operating profit at 51.09%
Low debt <20%, Commands high brand value
Presence pan India, Europe, South asia and only expanding.
Steel applications- Agriculture, automotive, engineering , construction, consumers goods etc


Fundamentals-
Its 2022, War is on in russia, west plays the sanction game, the world seeks for alternate players to supply.
India stands to gain.
If china moves next on taiwan, the game only accelerates for indian players, being a diplomatic ally of all with ease of trade and geographical advantage

Inflations at ath, commodities to only get expensive, oil trades on $118 on date, aiming 2008 recession levels.
READY FOR COMMODITY SUPER CYCLE ?

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Short term 1950
long term- 5 years, 5x multiple

Macro view -
Comment:
Announces 51rs/ share dividend And 10:1 Stock Split
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