Tata Steel Limited has successfully completed a major acquisition, purchasing equity shares worth ₹1,099.97 crore in Tata BlueScope Steel Private Limited on December 31, 2025. This strategic transaction marks a significant expansion of the company's stake in the joint venture entity.

Transaction Details

The acquisition involved the purchase of 43,29,90,000 equity shares with a face value of ₹10.00 each from BlueScope Steel Asia Holdings Pty Ltd. The transaction was executed according to the terms and conditions outlined in the Share Purchase Agreement that was originally signed on November 12, 2025.

Ownership Structure and Impact

Following the completion of this acquisition, Tata Steel's ownership position in Tata BlueScope Steel Private Limited has increased substantially. The company now holds 99.99% stake in TBSPL, both directly and indirectly, transforming the entity into an indirect subsidiary of Tata Steel Limited.

Tata BlueScope Steel Private Limited was originally established as a 50:50 joint venture between Tata Steel Limited through its wholly owned subsidiary Tata Steel Downstream Products Limited and BlueScope Steel Limited through its wholly owned subsidiary BlueScope Steel Asia Holdings Pty Ltd.

Regulatory Compliance

Tata Steel Limited has made this disclosure in accordance with Regulations 30 and 51 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended. The company had previously disclosed information about this acquisition on November 12, 2025, and this announcement serves as confirmation of the transaction's completion.

The disclosure was signed by Parvatheesam Kanchinadham, Company Secretary and Chief Legal Officer of Tata Steel Limited, ensuring proper corporate governance and transparency in the acquisition process.

Market analysts and brokerage firms have identified high-conviction trading opportunities for the upcoming session, highlighting prospects across banking, metal, and energy sectors. The recommendations include specific entry points, target prices, and risk management levels across five stocks spanning different market segments.

Banking Sector Leadership

AU Small Finance Bank emerged as the standout consensus pick, receiving buy recommendations from two separate analysts. Chandan Taparia, Head of Technical & Derivatives Research at Motilal Oswal Financial Services, recommended buying at the current market price with specific technical backing.

Taparia noted that the stock maintains an "overall uptrend" and continues to respect its 20-day exponential moving average support zones. Kunal Rambhia, Fund Manager at The Street, provided a complementary recommendation with slightly different target and stop-loss parameters.

Power and Metal Sector Opportunities

Osho Krishan, Chief Manager of Technical and Derivative Research at Angel One, identified value opportunities in both the power and metal sectors. For NTPC, he recommended a strategic entry approach with defined risk parameters.

The metal sector recommendation focuses on Tata Steel, with Krishan projecting an upside potential of approximately 4.65% from the recommended entry level to the target price.

Consumer and Telecom Picks

Aditya Agarwala, Head of Research and Investments at Invest4edu, recommended Tata Consumer Products with a significant upside target. The recommendation reflects confidence in the FMCG sector's prospects.

In the telecom sector, Kunal Rambhia of The Street identified Bharti Hexacom as an attractive opportunity. The recommendation includes:

• Target Price: ₹1,925.00
• Stop Loss: ₹1,800.00
• Risk-Reward Ratio: Favorable upside potential with defined downside protection

Technical Analysis Framework

The recommendations incorporate both technical and fundamental analysis approaches. Technical factors mentioned include trend analysis, moving average support levels, and momentum indicators. The analysts have provided specific entry points rather than broad price ranges, indicating conviction in their timing recommendations.

Risk management remains a key component across all recommendations, with stop-loss levels set at strategic technical support zones. The target prices reflect varying degrees of upside potential, ranging from modest gains in the power sector to more substantial targets in consumer goods and telecom segments.