Tata Steel Shares Worth ₹30.68 Crore Change Hands in Block Deal

1 min read     Updated on 18 Jul 2025, 09:40 AM
scanxBy ScanX News Team
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Overview

A significant block trade of approximately 1.9 million Tata Steel shares was executed on the National Stock Exchange (NSE). The transaction involved 1,896,959 shares at ₹161.75 per share, totaling ₹30.68 crore. This block deal, while the parties involved remain undisclosed, may indicate shifting positions among large investors or institutional activity.

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*this image is generated using AI for illustrative purposes only.

Major Block Trade Executed for Tata Steel

Tata Steel Ltd., one of India's leading steel manufacturers, witnessed a significant block trade on the National Stock Exchange (NSE). The transaction involved approximately 1.9 million shares of the company, highlighting substantial market activity for the steel giant.

Key Details of the Block Trade

Detail Value
Number of Shares 1,896,959
Total Transaction Value ₹30.68 crore
Price per Share ₹161.75
Exchange National Stock Exchange (NSE)

This block deal represents a notable movement of Tata Steel shares, potentially indicating shifting positions among large investors or institutional activity. Block trades of this magnitude often attract attention from market participants and analysts, as they can sometimes signal changes in investor sentiment or strategic moves by major shareholders.

Market Implications

While the specific buyers and sellers involved in this transaction remain undisclosed, as is typical with block trades, the deal's execution at ₹161.75 per share provides a reference point for Tata Steel's current market valuation.

Block trades of this size are usually negotiated privately and executed outside of the open market to minimize impact on the stock price. However, they can still influence market perception and potentially affect short-term trading patterns.

Investors and market observers will likely monitor Tata Steel's stock performance in the coming days to assess any potential impact of this significant share movement on the company's overall market dynamics.

As always, market participants are advised to conduct their own research and consider multiple factors when evaluating the implications of such trades on their investment decisions.

Historical Stock Returns for Tata Steel

1 Day5 Days1 Month6 Months1 Year5 Years
-1.25%-0.58%+3.22%+27.74%+2.57%+357.57%
Tata Steel
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Tata Steel Breaks Ground on Landmark Electric Arc Furnace at Port Talbot

2 min read     Updated on 14 Jul 2025, 09:22 AM
scanxBy ScanX News Team
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Overview

Tata Steel initiated construction of a new Electric Arc Furnace facility at Port Talbot, Wales, as part of a £1.25 billion green transformation project. The EAF, set to be operational by 2027, aims to reduce carbon emissions by 90% and produce 3 million tonnes of steel annually using UK-sourced scrap. This investment, supported by £500 million from the UK Government, is expected to secure 5,000 direct jobs and bolster the UK steel industry. The project involves collaborations with technology providers Tenova, ABB, and Clecim, with Sir Robert McAlpine as the main contractor.

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*this image is generated using AI for illustrative purposes only.

Tata Steel marked a significant milestone in its green transformation journey as the company officially broke ground on its new state-of-the-art Electric Arc Furnace (EAF) facility at Port Talbot, Wales. The groundbreaking ceremony, held on July 14, 2025, was attended by Tata Group Chairman N. Chandrasekaran, along with government ministers and key company executives.

A £1.25 Billion Investment in Sustainable Steelmaking

The new EAF is part of a massive £1.25 billion transformation initiative aimed at transitioning to low-carbon steelmaking. This project, supported by a £500 million investment from the UK Government, underscores Tata Steel's commitment to sustainability and innovation in the steel industry.

Environmental Impact and Operational Capacity

Set to be commissioned by the end of 2027, the Port Talbot EAF is expected to:

  • Reduce carbon emissions by approximately 90%, equivalent to 5 million tonnes of CO₂ per year
  • Produce 3 million tonnes of steel annually
  • Utilize UK-sourced scrap steel as its primary raw material

Economic Benefits and Job Security

The investment in the new EAF facility is poised to deliver significant economic benefits:

  • Secure 5,000 direct jobs across Tata Steel UK
  • Support the broader UK steel industry
  • Engage local contractors and workers in the construction phase

Technology and Partnerships

Tata Steel is collaborating with leading technology providers such as Tenova, ABB, and Clecim for this project. The main contractor, Sir Robert McAlpine, will lead the construction efforts alongside a strong regional supply chain.

Strategic Importance

Mr. Chandrasekaran emphasized the significance of this project, stating, "Today's groundbreaking marks not just the beginning of a new Electric Arc Furnace, but a new era for sustainable manufacturing in Britain. At Port Talbot, we are building the foundations of a cleaner, greener future, supporting jobs, driving innovation, and demonstrating our commitment to responsible industry leadership."

Government Support and Vision

The UK Government's support for this project aligns with its broader industrial strategy. Business Secretary Jonathan Reynolds commented, "This government is committed to a bright future for our steel industry, which is why we provided £500 million of funding to make this project possible."

Conclusion

The groundbreaking of the new Electric Arc Furnace at Port Talbot represents a pivotal moment in Tata Steel's journey towards sustainable steelmaking. This investment not only secures the future of steel production in Wales but also positions Tata Steel at the forefront of green steel manufacturing in the UK. As the project progresses, it will be closely watched by industry observers and environmental advocates alike, potentially setting a new standard for sustainable heavy industry in Europe and beyond.

Historical Stock Returns for Tata Steel

1 Day5 Days1 Month6 Months1 Year5 Years
-1.25%-0.58%+3.22%+27.74%+2.57%+357.57%
Tata Steel
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