Stock market analyst Salil Sharma is of the view that investors can 'sell' Tata Steel stock with target of Rs 780.

According to analyst, the interested investors can sell the stock with stop loss of Rs 530.

Today, the shares of the company opened at Rs 517 on the Bombay Stock Exchange (BSE).

The share price has seen a 52-week high of Rs 737 and a low of Rs 413 on BSE.

Current EPS is -3.67.

Tata Steel is all set to declare its standalone results for the three month period ended June 30.

As per Angel Broking, the company's net profit is likely to surge 2.64 times year-on-year to Rs 18.66 billion.

Further Angel Broking said that Tata Steel is likely to deliver 24.30% year-on-year income growth to Rs 69.06 billion.

On the operating front, Tata Steel is expected to report a 1,457bp growth in its operating margin to 44.80% mainly on account of higher actualizations.