Page 7 - Tata Steel

Tata Steel completes 5MT Kalinganagar expansion; capacity crosses 26MT

Tata Steel on Thursday announced the completion of the phase II expansion project at Kalinganagar in Odisha, taking its overall capacity to 26.1 million tonnes (MT) in the country. With the completion of the 5 million tonne expansion project undertaken at an investment of Rs 27,000 crore, the capacity of Kalinganagar plant stands at 8 MT from 3 MT earlier, the steelmaker said in a statement. Odisha CM Mohan Charan Majhi inaugurated the expanded Tata Steel Kalinganagar (TSK) plant on Thursday. T. V. Narendran, CEO and Managing Director, Tata Steel, said: "This expansion reflects our deep belief in Odisha's potential and our long-term commitment to this State. Kalinganagar is more than a manufacturing site for us. It symbolises what is possible when communities, government, and industry work together." Tata Steel aims to target supply advanced high-strength steels for sectors like automotive, infrastructure, power, shipbuilding, and defence with the expansion. Odisha has emerged as

Nifty stock alert! BEL, Tata Steel trade in overbought zone; warning sign?

Technical charts show that the RSI indicator of BEL and Tata Steel quotes in overbought territory, with a reading in excess of 70. Here's the likely trend ahead for these 2 stocks.

Analyst suggest Nifty investment strategy; GAIL, Tata Steel among top bets

The recent price action in the Nifty indicates that the bulls are making a strong effort to sustain the prevailing uptrend. Buy GAIL, Tata Steel and this one stock today

BMW Industries shares rally 12% on ₹364 crore order win from Tata Steel

BMW Industries rose nearly 12 per cent after it bagged an order worth ₹364.69 crore from Tata Steel

Metal stocks in focus: What should investors do amid global uncertainty?

Metal stocks in focus: Tata Steel, JSW Steel, Vedanta among top metal sector bets by analysts

Cost reduction, higher prices key monitorables for Tata Steel stock

Standalone blended realisation at Rs 60,591 per tonne was lower by 8.7 per cent YoY and 0.8 per cent QoQ

Tata Steel capex guidance for this FY is ₹15,000 cr: Narendran & Chatterjee

TV Narendran and Koushik Chatterjee discusses a range of issues from the performance to debt reduction and capex

Tata Steel plans capex of ₹15,000 cr in FY26, majority for Indian projects

Tata Steel has earmarked a capital expenditure of Rs 15,000 crore for its operations in India, the UK and the Netherlands in the current financial year, senior company officials said on Tuesday. Of the total, around 80 per cent will be spent on ongoing projects in India, the company's CEO & MD T V Narendran and Executive Director and Chief Financial Officer Koushik Chatterjee told PTI. "For FY26, we are looking to have a capex of Rs 15,000 crore,' Narendran said. Sharing the break-up, Chatterjee said that while Rs 11,000 crore is planned for domestic operations, around Rs 1,900 crore is planned for the UK, and the remaining is in the Netherlands. Tata Steel's capital expenditure was Rs 3,220 crore in the fourth quarter and Rs 15,671 crore in the full FY2024-25. Tata Steel is ramping up a 5 MTPA blast furnace at Kalinganagar and constructing an electric arc furnace (EAF) in Ludhiana. In the UK, the company has received planning permission for the EAF project at Port Talbot and wil

Stocks to watch today, May 13: Tata Motors, Airtel, GAIL, Cipla, Tata Steel

In the previous trading session, Sensex jumped 2,975.43 points, or 3.7 per cent, to close at 82,429.90 levels. The Nifty50 closed at 24,924.7, up by 916.7 points, or 3.8 per cent.

Tata Steel Q4 net profit jumps 112.7% to ₹1,301 crore on lower costs

Tata Steel reports 112.7 per cent YoY rise in Q4FY25 profit, aided by lower raw material cost; full-year profit at ₹3,420 crore after last year's net loss

Tata Steel Q4 results: Profit rises over 2x to ₹1,301 cr; dividend declared

The board of directors also recommended a dividend of ₹3.60 per for the financial year 2024-25

Q4 results today: Tata Steel, PVR Inox, Raymond, Thomas Cook on May 12

Q4 FY25 company results today: Bajaj Electricals, Ather Energy, JM Financial, Venky's, and CARE Ratings will be among 80 companies to post earnings reports for the January-March quarter

Stocks to watch today, May 12: Tata Steel, Dr Reddy's, Yes Bank, UPL, SRF

At 6:50 AM, GIFT Nifty futures were trading 496 points higher at 24,561.5, indicating a gap-up start for the bourses.

These 69 stocks surged over 10% in a month after past India-Pak conflicts

Trent, Raymond, ACC, SBI, Tata Steel and Reliance were among the consistent gainers in one-month period post India-Pakistan conflicts, shows analysis of 262 commonly traded stocks during these periods

Tata Steel, SAIL, JSL gain up to 3% in trade today. Are they worth your money?

The Government announced the imposition of a 12% provisional safeguard duty on certain steel products to protect the domestic industry from injury due to a recent spike in imports of such products.

Indian companies file $2.82 billion ECB plans with RBI in February 2025

Among the prominent firms that filed intent in February 2025 with the RBI is Tata Steel Ltd, for $750 million, for overseas investment in joint ventures and wholly owned subsidiaries

'Chance to get Tata Steel Netherlands back to being a benchmark in Europe'

The Netherlands operation is structurally one of the most competitive assets in the steel industry across peers in Europe

Domestic demand, European turnaround keep Street positive on Tata Steel

Domestic operations in India look capable of outperforming peers with strong margin. Hence, improvement in Europe will have a positive impact

Metal index jumps over 4%; Hindalco, JSW, Lloyds,Tata Steel rally up to 7%

The US government has suspended 26 per cent reciprocal tariffs for India till July 9, 2025; however, the base tariff of 10 per cent will continue to be enforced

Tata Steel share price jumps 6% in trade; What's boosting surge in stock?

Tata Steel Nederland (TSN) has adopted a comprehensive transformation program to maximise production efficiencies, reduce fixed costs, and optimise product mix and margins