Buy Tata Steel: Gurunath Mudlapur, Atherstone Cap

ET Now spoke to Gurunath Mudlapur, Director, Atherstone Capital Markets Ltd., on his views on Tata Steel.

Your take on Tata Steel?

Considering how other commodities are behaving and the strength in the steel stocks and there is no new capacity coming in on the sector from Indian perspective and the demand being very strong, our view on the stock at this time remains long and we think that there is still some upside left for the stock to gain and it is a buy for us.