Tata Steel Vs SAIL Share Price: HSBC Recommends Buy/Hold On Two Mega Metal Stocks Below Rs 250; Target Prices

Two mega metal stocks are rallying on April 9 even when the market has fallen due to new threats in the US-Iran ceasefire as Israel attacked Lebanon. Amidst the Middle East crisis, the global market has been under pressure, including Indian stocks. But on Thursday, Tata Steel and SAIL surged sharply after global brokerage HSBC recommended the stocks.

TATA Steel Share Price:

At the time of writing, Tata Steel stock price performed at Rs 206.65 apiece, up by 1.2%, with market cap of Rs 2,58,095.18 crore. The stock is near its intraday high of Rs 208.20 apiece. Overall, the stock has climbed by 2% from the previous day.

Tata Steel stock is the steel giant of Tata Group. Earlier this week, Tata Steel announced key business updates for Q4 and FY26.

As per the regulatory filing, Tata Steel recorded 'best-ever annual' crude steel production of 23.48 million tons in FY26. Production
was up 8% YoY primarily aided by Kalinganagar ramp up, partly offset by shutdown of 'G' blast furnace for relining at Jamshedpur. In 4QFY26, crude steel production stood at 6.25 million tons, up 15% YoY.

Also, India deliveries increased inline with production leading to 'best-ever annual' volumes of 22.53 million tons.

Tata Steel said, "Domestic deliveries crossed 20 million tons for the first time, highlighting our strong market positioning and enduring customer relationships. In 4QFY26, deliveries were up 10% YoY and registered 'best-ever quarterly' volumes."

Tata Steel holds a strong record of bonus, split and dividend payouts over the history.

Dividends: Since June 2003, the company has delivered up to 28 dividends, as per Trendlyne data. In the past 12 months, the company paid up to Rs 3.60 dividend per share. Its current dividend yield is at 1.74%.

Bonus: The company has issued only one bonus in the ratio of 1:2 in August 2004.

Stock Split: This company turned ex-split in July 2022 in the ratio of 1:10, where face value of Rs 10 each was reduced to Re 1 each.

Steel Authority of India Limited (SAIL) Share Price

The government-backed SAIL share price outperformed Tata Steel on April 9. The PSU stock has climbed by nearly 1.4% to trade at Rs 166.60 apiece on BSE, with market cap of Rs 68,807.34 crore. However, in the early trade, SAIL shares climbed by over 2.5% to hit an intraday high of Rs 168.60 apiece on BSE.

Steel Authority of India Limited (SAIL) is a Maharatna public sector undertaking and a leading steel-making company in India.

However, unlike Tata Steel, SAIL has only rewarded investors with dividends. As per Trendlyne data, SAIL has distributed up to 32 dividends since January 2005. In the past 12 months, SAIL rewarded up to Rs 1.60 dividend per share. Its current market yield is at 0.96%.

Tata Steel Vs SAIL Share Price: Which Stock To Buy?

According to brokerage HSBC, HRC prices have risen through March and April and further hikes are expected ahead. Broadly, HRC prices are expected to be stable. Following this, the broker recommended on the two stocks.

Tata Steel: BUY For Target Price Of Rs 250

SAIL: Hold For Target Price Of Rs 150

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