11 Dec , 2025 By : Debdeep Gupta
Tata Steel shares rose on Thursday and were among the top Nifty 50 gainers after the company detailed an extensive capex roadmap and a series of strategic initiatives aimed at boosting capacity, strengthening raw material security and expanding its geographic footprint.
The stock was up 1.25 percent at Rs 164.25 in the early trading. Tata Steel has now gained 20 percent year to date, with a market capitalisation of Rs 2.05 lakh crore. The shares have markedly outperformed the Nifty 50, which has gained 8.7 percent over the same period. Tata Steel stock trades at a P/E of 30.1 and offers a 2.2 percent dividend yield.
The gains came as investors responded to the company’s latest expansion blueprint. A key pillar of the plan is the scale-up of the Neelachal Ispat Nigam Ltd (NINL) unit, where Tata Steel intends to raise capacity by 4.8 MTPA, taking the total to 5.8 MTPA, with potential to reach 10 MTPA in the future. The company will also set up a 2.5 MTPA thin slab caster and rolling facility in Odisha, along with a 700,000-tonne hot roll pickling and galvanising line in Maharashtra to bolster downstream operations.
In Maharashtra, Tata Steel has forged a strategic partnership with Lloyd Metals and Energy spanning mining, logistics, slurry pipelines, pelletisation and steelmaking. The centrepiece of this tie-up is a greenfield 6 MTPA steel plant, to be built in two phases, giving the company a stronger western India presence.
To reinforce this alliance, Tata Steel has acquired nearly 50 percent in Triveni Pellets for about Rs 630 crore, securing pellet supply and supporting cost efficiencies. The company is also advancing its decarbonisation efforts, beginning work on a 1 MTPA Hisarna-based green steel facility in Jamshedpur -- a technology it already deploys in the Netherlands.
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