Motilal Oswal has issued a BUY call on JSW Steel, setting an optimistic target price of Rs 1,180—representing an upside of approximately 15% from the current market price.

Tata Steel share price declined by 1.8 percent on Wednesday as selling pressure continued on the steel major.

Tata Steel stock surged 2.56 percent on Thursday after sustained buying in the counter. Other steel companies also witnessed strong performance including SAIL and JSW Steel.

Tata Steel share price declined one percent on Tuesday amid overall bearishness in the markets.

SAIL share price was trading 2 percent lower on Monday along with overall weakness in metal counters.

Tata Steel share price closed 1.2 percent higher on Thursday as research house Jefferies upgraded target price for steel major to Rs 200.