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Tata Steel shares close near record high; is the upside capped?

Shares of Tata Steel ended near their record high for the second straight session on Tuesday. The metal stock ended 0.95% higher at Rs 164.65 on BSE.

Tata Steel shares hit record high; here are fresh price targets

Tata Steel stock hits Rs 150 mark for first time; is the upside capped?

Tata Steel shares trading near record high: Price targets, support, resistance, outlook and more

Tata Steel shares recovered 33% from 52-week low in a year; what s next?

Shares of Tata Steel Ltd have recovered 33% from their 52 week low in a year. They hit a 52 week high of Rs 137.65 on December 18, 2023 and a 52 week low of Rs 101.60 on December 26, 2022. In comparsion, the benchmark Sensex gained 17.08% in a year. Tata Steel stock has gained 13% in 2023, leaving short-term investors guessing about the outlook of the stock. On the other hand, the Tata Group stock delivered more than double the YTD returns in a year. The 28.76% rally in a year signals that investors earned moderate returns during the period. 

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