Tata Steel's growth to be powered by capacity expansion in India, cost savings and a turnaround in its European operations amid a strong demand outlook
Motilal Oswal Financial upgrades Tata Steel from Neutral to BUY with a target price of ₹210 per share, while InCred Equities upgraded SAIL's rating to ADD from REDUCE, with a target price of ₹158.
On the bourses, Tata Steel shares rose as much as 1.91 per cent to hit a fresh 52-week high of ₹177.85 per share.
Infrastructure major Larsen & Toubro (L&T) on Friday said it has bagged an order from Hindalco to set up an aluminium smelter for its upcoming project in Odisha and another project from Tata Steel to build a coke oven battery. Both orders have been bagged by the minerals and metals business vertical of Larsen & Toubro. These orders are part of multiple orders secured by the vertical in India recently. In a filing to the BSE, L&T said it has bagged "an order from Hindalco for setting up a 180 KTPA aluminium smelter along with the gas treatment centre for their upcoming greenfield project in Odisha." According to filing, it "has also secured an order for setting up... coke oven battery 6 A/B from TATA Steel, Jamshedpur." The scope of work includes engineering, manufacturing, supply, construction and plant installation. "These order wins across the aluminium and steel sectors are a testament to L&T's engineering excellence, execution capability and enduring customer ..
Tata Steel on Thursday said it has entered into a long-term contract with Air Water India Private Limited (AWIPL) for the operation and maintenance of its Air Separation Unit (ASU) located at Jamshedpur. The onsite plant is designed to produce 1,800 tons of oxygen per day, along with nitrogen, argon, and dry compressed air. These gases will be primarily utilised in Tata Steel's Blast Furnaces and Steel Melting Shops. The unit is currently under stabilisation and is scheduled to be handed over to AWIPL next month, the company said in a statement. The 20-year contract was recently signed by Peeyush Gupta, Vice President (TQM, GSP & SC), Tata Steel, and Kausik Mukhopadhyay, Managing Director, Air Water India Private Limited. By leveraging AWIPL's extensive global expertise in cryogenic operations, including remote operational support and maintenance insights from their Japanese facilities, the collaboration is set to enhance plant efficiency and operational excellence for years to ...
Inclusion of women in all three shifts at Tata Steel's Jamshedpur plant from February 1 next year follows its 'Udaan: Wings of Change' initiative to its advance diversity, equity, and inclusion goals
Tata Steel, Tata Chemicals, Tata Communications, Tata Investment and Nelco look favourably placed on the charts, and can potentially surge up to 26% from here.
The engagement with the Netherlands government on the terms of the tailor- made agreement and the policy conditions will be initiated after the formation of the new govt, said Chatterjee
JSW Steel hit all-time highs and Tata Steel a 15-month peak as metals gained 20% in six months, driven by global price recovery, US rate-cut hopes and GST-driven demand
Boosted by operational normalisation post-furnace relining, Tata Steel India posted higher Q2 output and record retail deliveries amid strong domestic demand
Steel major Tata Steel on Thursday said its crude steel production in India rose by seven per cent to 5.67 million tonnes in the second quarter of the current fiscal, primarily aided by normalisation of operations post the completion of relining of a blast furnace at Jamshedpur, in Jharkhand. In a regulatory filing, the company said that in 2QFY26, Tata Steel India's crude steel production was 5.67 million tonnes. Production was up eight per cent on a quarter-on-quarter basis and seven per cent on a year-on-year basis. Tata Steel India sales during the second quarter of this financial year rose to 5.56 MT, over 5.11 MT in the year-ago period, the filing said. "Tata Steel India's deliveries for the quarter stood at 5.56 million tonnes. Domestic deliveries grew... aided by improved production and stable demand across market segments despite the seasonal rains," the filing said. The company said that it continues to strengthen its product portfolio through new facilities and customer
In the Nifty Metal index, Hindustan Copper rallied as high as 6.37 per cent, while Hindustan Zinc and Tata Steel rose 4.9 per cent and 3.4 per cent, respectively
JP Morgan has raised Tata Steel's share price target to ₹195 from ₹180, implying an upside potential of 14 per cent from current levels.
Steel stocks outlook: Moody's anticipate that steel demand in India will grow at a 5-7% CAGR until 2030, fueled by infrastructure spending, construction projects and expansion in industrial production
Tata Steel Nederland signs non-binding pact with Dutch govt for up to €2 bn to cut emissions at IJmuiden, with plans for direct reduction and electric arc furnace transition
Stocks to Watch today, September 30, 2025: From IRFC, Tata Steel to Mahindra & Mahindra, here is a list of stocks that will be in focus
Regulators have threatened fines and the closing of one of the plant's coke facilities if Tata Steel fails to significantly reduce toxic emissions this year
Stocks to Watch today, September 25, 2025: From Polycab to Akzo Nobel, here is a list of stocks that will be in focus today
Tata Steel shares hit a fresh 52-week high of ₹174.35 today, trading close to its all-time high level of ₹184.60, touched on June 18, 2024.
Chandan Taparia, head of derivatives & technicals, wealth management at Motilal Oswal Financial Services, has recommended buying shares of SBI, Tata Steel, and Samvardhana Motherson