Tata Steel
Brokerages: Barclays
Rating: Equalweight
Target: Rs 374
Rational: There is an increasing willingness by the company to look at strategic opportunities to raise cash flow. However, they are concerned that weak operating cash flows coupled with firm capex will lead to a further increase in gearing.
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How brokerages are playing Tata Steel, MM, Exide, NTPC, HDFC
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How brokerages are playing Tata Steel, MM, Exide, NTPC, HDFC
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