Tata Group stocks see sharp swings as boardroom battle intensifies, but analysts say avoid the noise
Tata Steel is in focus.
22 Sept 2026 · ET Stocks, Economic Times Markets
Tata Group stocks are undergoing substantial fluctuations amid an unsettling boardroom conflict as Tata Trusts questions the reappointment of N Chandrasekaran as Chairman. Market analysts advise investors to hone in on the core fundamentals and disregard the temporary corporate commotion.
The analysis
Against that, the stock is -1.5% on the day at ₹176.07, and has returned -7.8% over three months. It sits 20% below its 52-week high. The metals & mining sector has moved +2.0% over the same period, so Tata Steel is running 9.8 points behind its peers.
For Tata Steel, the question is how much of this is already reflected in the price and how much re-rates the metals & mining peer set alongside it.
Market context
- The company directly in focus is TATASTEEL.
- Sector exposure: Metals & Mining, Auto.
In this story
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