Page 2 - Tata Steel

Stocks to Watch today: TCS, Tata Steel, GMR Airports, M&M, SBI, HFCL & more

Stocks to watch today: TCS, SBI, Tata Steel, GMR Airports, M&M, HFCL, RIL, Fortis Healthcare, JSW Infra, Swiggy, Pidilite, Shree Cement, among others, will be in focus today

Dutch prosecutors summon Tata Steel over alleged air pollution offences

Dutch prosecutors will prosecute Tata Steel IJmuiden over alleged environmental offences linked to air pollution, while the company says the allegations are unjustified

Stocks to Watch today: HDFC Bank, Coal India, Tata Steel, Sobha, BoB, Nykaa

Stocks to watch today: HDFC Bank, Coal India, Tata Steel, Sobha Ltd, Bank of Baroda, Radico Khaitan, Senco Gold, Fortis Healthcare, IndusInd Bank, Dabur, among others, will be in focus today.

Tata Steel aims to spend ₹20,000 cr in FY27 on expansion, technology

Tata Steel is looking to spend around Rs 20,000 crore as capex in the current financial year and a major share of it will be spent to support the India business, the company's management said. The capex for the ongoing FY27 will be around 38 per cent higher from Rs 14,559 crore that Tata Steel has spent on capital expenditure in the preceding 2025-26 financial year. "In FY26, we spent Rs 14,559 crore on capital expenditure, and we plan to increase this to approximately Rs 20,000 crore in FY 2026-27, with 60 per cent allocated to India," said Tata Steel's CEO & MD T V Narendran, and Koushik Chatterjee, the company's Executive Director & Chief Financial Officer. The management made the statement in reply to a question related to Tata Steel's capex plans and long-term growth strategy. They said the capital allocation strategy for FY27 focuses on a balanced mix of sustenance projects, ongoing investments in value-added downstream and infrastructure projects, new technologies, and .

Metal stocks gain up to 4%; Systematix backs Jindal Steel, Jindal Stainless

Systematix said that it remains structurally positive on long-term growth outlook for India's integrated steel sector. The brokerage has initiated coverage on Jindal Steel & Jindal Stainless with Buy.

Tata Steel expects €500 million in Dutch operations Ebitda for FY27

Chairman Natarajan Chandrasekaran says Dutch operations remain self-funded, while the company targets 800 million-1 billion euros in EBITDA over the longer term

Japan backs ACME-IHI Odisha green ammonia project with 25-year subsidy

Japan has approved 25-year CfD support for the ACME-IHI green ammonia project in Odisha, strengthening its commercial viability and India's green hydrogen ambitions

Market Close: Sensex ekes out gains, settles 109 pts higher; Nifty ends at 24,056; auto outperforms

Sensex Today | Stock Market Highlights, Thursday: In the broader markets, the Nifty MidCap and the Nifty SmallCap settled 0.55 per cent and 0.47 per cent down, respectively

Hindalco, Coal India: UBS turns selectively bullish on Indian metal sector

Aluminium remains is UBS' preferred sub-sector, that offers a mix of earnings growth (cyclical tailwinds), valuation support, and potential to deleverage.

Eyeing dividend? Check out Adani Enterprises, Tata Steel, 29 others today

Dividend stocks: ACC, Adani Ports, Ambuja Cements, Canara Bank, Tata Steel, Tata Motors, Trent, and Voltas are among the stocks likely to remain in focus today

Metal shares trade weak; Hindalco, Hind Zinc, Vedanta slip up to 4%

In the past six trading days, the Nifty Metal index has underperformed the market by falling 6 per cent, as compared to 0.4 per cent decline in the Nifty 50.

UK low-emission project facing delay over power access issues: Tata Steel

Tata Steel may have to defer the timeline of its 1.25-billion-pound UK project for transitioning to a low-carbon steel-making process by six to eight months, as the company is facing delays in "securing access to electricity". As part of its decarbonisation plan, Tata Steel is setting up the UK's largest low-carbon EAF (electric arc furnace) project of 3.2 million tonnes capacity at Port Talbot with 1.25 billion pounds of investment to replace its now-shut blast furnace plant of similar capacity. Before experiencing delays in securing power access, the company was looking to begin operations of the EAF project by late 2027 or early 2028. "While we are working with ESO (Electricity System Operator) and National Grid for the new electrical infrastructure, National Grid has formally alerted to us that their connectivity project is delayed," said Koushik Chatterjee, Executive Director (ED) & Chief Financial Officer (CFO) at Tata Steel. The National Grid has informed about some ...

Stocks to Watch, June 5: Rate sensitives, ICICI Bank, Tata Steel, Groww

Stocks to watch, June 5: Banks, auto, realty, consumer durables, Groww, Tata Steel among others to remain in focus today

Fire causes substantial damage at Tata Steel UK's plant in Wales

Emergency fire crews on Thursday continued to battle a blaze at Tata Steel UK's steelworks at Port Talbot in south Wales, which a workers' union said had caused "substantial damage". The Mid and West Wales Fire Service rushed several firefighters to the site on Wednesday evening and soon confirmed that on-site workers had all been accounted for and safely evacuated. The company said emergency services remain on site and are working with local teams to completely "extinguish the fire". "The incident is not related to the safe and successful demolition of the empty, redundant Gas Holder earlier yesterday (Wednesday) evening," reads a Tata Steel UK statement. "We would like to thank local site teams and the emergency services for their prompt and professional action," it adds. Unite workers' union general secretary Sharon Graham confirmed that no one was injured in the fire after workers were evacuated safely. "The fire did cause substantial damage to a vital production line. Measur

Nifty Metal index soars 3%; Nalco, Hindalco, Tata Steel rally up to 5%

Since April, the Nifty Metal index has zoomed 25 per cent, as against 7.2 per cent gain in Nifty 50.

Stocks to watch today: ITC, Maruti Suzuki, Nykaa, LIC, LG Electronics

Stocks to Watch today, May 22, 2026: Nykaa, LIC, ITC, Honasa Consumer, and Maruti Suzuki are some of the key stocks to watch today

Rising freight rates amid global tensions hit steel sector: Tata Steel

A 28-30 per cent surge in global freight costs amid geopolitical tensions, including the escalating West Asia situation, is emerging as the biggest challenge for India's steel industry, even as domestic operations and raw material supplies remain largely stable, a senior Tata Steel official said. The sharp rise in shipping rates, triggered by instability in West Asia and the prolonged Russia-Ukraine conflict, is significantly increasing logistics costs for steelmakers dependent on imported coking coal, he said. "For steel, the biggest impact is freight. Freight rates have gone up by almost 28-30 per cent... This is the direct impact. First, the Russia-Ukraine war, and now the West Asia situation... This is definitely having a cascading effect on almost all countries," Tata Steel Vice-President (Corporate Services) D B Sundara Ramam told PTI. Despite global disruptions, the steel industry has so far managed to maintain production levels, though rising freight and logistics costs are

Growth not an end in itself for Tata Steel: Narendran & Chatterjee

Narendran and Chatterjee discusses a range of issues - from the Q1 outlook, to the cost impact of the West Asia conflict, and the environmental and regulatory challenges facing its Netherlands ops

Tata Steel falls 5% despite strong Q4; analysts see more upside ahead

Tata Steel shares fell 5 per cent on Monday, after Q4FY26 results, but analysts remain bullish on strong margins, India demand, Europe recovery, and FY27 growth outlook

Stocks to watch today: Tata Steel, SAIL, ITC Hotels, Power Grid, Coal India

Stocks to Watch today, May 18, 2026: Tata Steel, Adani Ports, Coal India, SAIL, and Balrampur Chini are some of the key stocks to watch today