Tata Group company Tata Steel share price today plunged 1.29% on Bombay Stock Exchange (BSE) to Rs 149.60 per share as Sensex slipped 719.88 points to 81,710 at the time of writing the story. The company on May 12, 2024 declared a jump of 112.73% year-on-year (YoY) in its net profit attributable to owners of the company for Q4FY25 to Rs 1300.81 crore as compared to Rs 611.48 crore reported in the corresponding quarter of last year. Meanwhile, the large cap company operating in iron & steel sector on Monday announced the total revenue from operations at Rs 56,218.11 crore for Q4FY25, indicating a decline of 4.21% YoY as against Rs 58,687.31 crore reported in the similar quarter of last year.
Board of Directors of the company also recommended a dividend of Rs 3.60 per share to the equity shareholders of the company of the face value of Re 1/- each for FY24-25. Tata Steel share witnessed impressive gains of 12.29% in last 1-month as Sensex surged 8.97%, BSE Commodities index soared 5.77%, and BSE Metal index zoomed 7.95%. It is worth noting that Life Insurance Corporation Of India (LIC) has stake of 7.81% in Tata Steel with 974,751,078 shares of the company for March 2025 quarter. LIC holdings stood at 7.56% for December 2024 quarter. Check more details below:
Tata Steel Recommends Dividend
According to the exchange filing of Tata Steel issued as on May 12, 2025, “Recommended a dividend of Rs 3.60 per Ordinary (Equity) Share of face value Re 1/- each (360%) to the shareholders of the Company for FY2024-25. The dividend recommended by the Board of Directors of the Company is subject to the approval of the shareholders at the ensuing Annual General Meeting (‘AGM’) of the Company scheduled to be held on Wednesday, July 2, 2025.”
Tata Steel Sets Record Date For Dividend
The regulatory filing added, “Pursuant to Regulation 42 of the SEBI Listing Regulations, the Board of the Company has fixed Friday, June 6, 2025 as the Record Date for determining the Members entitled to receive the dividend for the FY2024-25.”
Tata Steel Dividend History
The company recommended 27 dividends since 2003. In last 1-year, Tata Steel announced an equity dividend of Rs 3.60 per share. The stock offers a dividend yield of 2.40%.
Should You Buy Tata Steel Shares Post Q4FY25 Results?
Leading brokerage firms initiated coverage on Tata Steel stock. Jefferies has buy call on Tata Steel with target price of Rs 180 per share. Meanwhile, JPMorgan too has issued “overweight” rating on the large cap stock.
Tata Steel Q4FY25 Results Highlights
The company announced its operating performance flat with EBITDA at Rs 6,559.2 crore as against Rs 6,601 crore declared in the corresponding quarter of last year. Meanwhile, EBITDA margin surged to 11.7% for quarter under review from 11.2% posted an year ago. Tata Steel declared plans to invest approximately $2.5 billion in the Singapore based subsidiary, T Steel Holdings Pte Ltd.
The company declared its total income for Q4FY25 at Rs 56,679.11 crore as compared to Rs 58,863.22 crore reported in Q4FY24. The total expense of the firm stood at Rs 54,167.61 crore as against Rs 56,496.88 crore reported in Q4FY24. Earning Per Share (EPS) of the company surged to 1.04 for Q4FY25 from Rs 0.49 declared in Q4FY24.
Tata Steel Share Performance
The 52-week high price on BSE is Rs 184.60 per share (as on 18/06/2024) and 52-week low price is Rs 122.60 per share (as on 13/01/2025), respectively. Share price of Tata Steel surged 9.58% year-to-date (YTD), soared 7.61% in last 6-months, and plunged 8.54% in last 1-year. The stock gained 40.37% in last 2-years and zoomed 441.37% in last 5-years.
Tata Steel Bonus Share History
Tata Steel declared 1 bonus share since August 11, 2004. The metal stocks’ last bonus was announced in the ratio 1:2 and ex-bonus date was set as August 11, 2004.
Tata Steel Stock Split History
Tata Steel split the face value once since July 28, 2022. It sub-divided the face value of its shares from Rs 10 to Re 1 in 2022. Tata Steel share traded ex-split as on July 28, 2022.
Disclaimer: The stock has been picked from the brokerage report of Jefferies and JPMorgan. Moneydaily.in, the author, and the respective brokerage house will not be held accountable for any losses caused as a result of decisions based on the article. Moneydaily.in advises readers to do their own research or consult a SEBI registered investment advisor before making any investment decisions.
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