Tata Steel Long Products Ltd - A multibagger idea for long term

Tata Steel Long Products Ltd

Current price - 730.

It may reach up to 5000 in a time duration of 5 years.

P/E Expansion
Trading at just a p/e of 3. With just p/e expansion to 15, price will go to 3500 and the rest will be taken care by profits of companies.

Company has took a loan of 1400 crore and has setup machinery of 3,560 Crore. With Annual profits of approximate 350 Crore, this will get cleared in 3 years.

Future

The Company is exploring possibilities to reach the name plate capacity of 1 million tonne, coupled with investment in downstream and finishing facilities for balancing the capacity and meeting customer requirements.

Disclaimer - Please do your own research before investing. Not a SEBI registered analyst.