Axis Securities has maintained a cautiously optimistic stance on Tata Steel after the company delivered a stronger-than-expected operational performance in the March quarter of FY26.

Emkay Research has reiterated its BUY recommendation on SAIL, raising the target price to Rs200 from Rs175, implying an upside of nearly 25% from the current market price of Rs160.

Motilal Oswal Financial Services has reiterated its BUY recommendation on Tata Steel with a target price of Rs240, implying a potential upside of approximately 15%

IDBI Capital has reiterated its HOLD rating on Tata Steel following a better-than-expected Q3FY26 performance, anchored by robust volume growth in India even as realizations softened.

Jindal Steel Limited has entered a critical inflection point where long-term capacity expansion, improving balance-sheet metrics, and a confirmed technical breakout are beginning to align.

ICICI Securities has reiterated a BUY rating on Tata Steel with a 12-month target price of Rs 210 per share, implying an upside potential of about 24 percent from the current market price of Rs 170