Stocks to buy under ₹200: Tata Steel, South Bank, Castrol by Mehul Kothari of Anand Rathi | Target, SL, market outlook
Tata Steel is in focus.
26 Sept 2026 · LiveMint Markets
Stock market outlook: The Nifty 50 index is now trading around the important 23,000–23,100 zone, which is a crucial support coinciding with the rising channel support, says Mehul…
The analysis
Tata Steel reported ₹200. Those are the figures as filed — what moves the price is how they sit against what the market already expected, not their absolute size.
Against that, the stock is -1.9% on the day at ₹175.33, and has returned -7.8% over three months. It sits 21% 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.
In this story
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