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Tata Steel develops fire-resistant structural steel for safer buildings

Tata Steel is in focus.

· BS Companies

BIS-certified E350 structural steel can retain two-thirds of its room-temperature yield strength at 600°C for up to three hours, enhancing structural resilience during…

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Against that, the stock is -2.5% on the day at ₹171.30, and has returned -8.3% over three months. It sits 22% below its 52-week high. The metals & mining sector has moved -4.3% over the same period, so Tata Steel is running 4.0 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.

  • The company directly in focus is TATASTEEL.
  • Sector exposure: Metals & Mining.
TATASTEELMetals & Mining