ICICI Securities has retained its BUY call on Tata Steel with a revised sum-of-the-parts target of Rs 230, implying 24% upside from Rs 185 over 12 months.

ICICI Securities has initiated a BUY stance on Jindal Stainless in its latest Shubh Nivesh note, setting a target of Rs 915 against a prevailing price of Rs 750 — a prospective return of roughly 22

ICICI Securities has maintained a Buy rating on Steel Authority of India, setting a target price of Rs 225, implying a 36% upside from the current market price of Rs 165.

Geojit Investments Limited has rolled back its bullish stance on Tata Steel Limited, downgrading the counter from BUY to HOLD in a report dated July 2, 2026, even as the steelmaker posted a blowout

JSW Steel has been assigned a BUY rating by Motilal Oswal Financial Services with a target price of Rs 1,520, implying an upside potential of nearly 19% from the current market price of Rs 1,274.

Tata Steel share price declined 1.8 percent on Friday after reports of fire at its UK-based steel plant. The company shared the fire was contained but there was damage at the steel plant.