Standalone blended realisation at Rs 60,591 per tonne was lower by 8.7 per cent YoY and 0.8 per cent QoQ
TV Narendran and Koushik Chatterjee discusses a range of issues from the performance to debt reduction and capex
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
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 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
The board of directors also recommended a dividend of ₹3.60 per for the financial year 2024-25
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
At 6:50 AM, GIFT Nifty futures were trading 496 points higher at 24,561.5, indicating a gap-up start for the bourses.
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
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.
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
The Netherlands operation is structurally one of the most competitive assets in the steel industry across peers in Europe
Domestic operations in India look capable of outperforming peers with strong margin. Hence, improvement in Europe will have a positive impact
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 Nederland (TSN) has adopted a comprehensive transformation program to maximise production efficiencies, reduce fixed costs, and optimise product mix and margins
Tata Steel's Netherlands operations were impacted in FY24 due to a delay in the relining of one of the blast furnaces
Tata Steel's shares fell as much as 3.82 per cent during the day to ₹125.3 per share
Tata Steel has been recognised as a Steel Sustainability Champion 2025 by World Steel Association (Worldsteel), a company statement said on Tuesday.. The Special General Meeting (SGM) of the Board of Members of Worldsteel held on Tuesday in Sydney, Australia announced the names of 2025 Steel Sustainability Champions, it said. On receiving the recognition, CEO and Managing Director of Tata Steel, T V Narendran said: "We are honoured to be recognised once again as a steel sustainability champion by the World Steel Association. This achievement reflects our continued commitment to sustainable steelmaking, integrating cutting-edge technologies and responsible business practices to reduce environmental impact. "We remain dedicated to driving innovation, improving resource efficiency, and contributing meaningfully to a greener and more resilient future for the steel industry." To qualify as a sustainability champion, companies must meet stringent criteria including signing the Worldsteel
Tata Steel share price: Tata Steel said its India production volume in Q4FY25 stood at 5.51 million tonnes, up marginally from 5.40 million tonnes at the end of Q4FY24
During Q4FY25, Tata Steel's India deliveries at 5.6 million tonnes were up 3.3 per cent year-on-year from 5.42 million tonnes in Q4FY24