Latest news about Tata Steel
Tata Steel Records ₹99.82 Crore Block Trade on NSE at ₹210.23 Per Share
Tata Steel
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More news about Tata Steel
18May 26
Tata Steel: Seven Brokerages Deliver Mixed Verdicts Amid Q4 Results and FY27 Growth Outlook
Seven major brokerages have issued divergent ratings on Tata Steel, with target prices ranging from ₹200 (Citi, Sell) to ₹275 (Jefferies, Buy). Strong India operations, near-term pricing support, and FY27 volume growth are broadly acknowledged as positives, while European regulatory risks, project delays, and limited medium-term capacity growth remain key concerns. JPMorgan downgraded the stock to Neutral following a 38% rally, while Citi flags elevated leverage at 2.3x net debt/EBITDA. The divergence in analyst views underscores the complexity of Tata Steel's operational and regulatory landscape across geographies.
15May 26
Tata Steel Records Block Trade of Rs. 15.61 Crores on NSE at Rs. 220.74 Per Share
A block trade in Tata Steel was executed on the NSE involving approximately 707,306 shares at Rs. 220.74 per share. The total value of the transaction stood at Rs. 15.61 crores. Such block deals are typically associated with large institutional investors transacting in bulk outside the standard market order flow.
28Apr 26
Tata Steel Secures High Court Victory as ₹4313.63 Crore Chromite Demands Quashed
Tata Steel achieved a significant legal victory with the High Court disposing of two writ petitions and quashing demand letters worth ₹4313.63 crores related to alleged chromite dispatch shortfalls from its Sukinda facility. The court established important regulatory precedents while providing substantial financial relief to the company.
28Apr 26
HSBC Issues Buy Rating for Tata Steel with ₹255 Target Price on Strong Demand Outlook
HSBC has assigned a Buy rating to Tata Steel with a target price of ₹255, citing strong fundamentals in the steel sector. The brokerage expects multi-year steel demand growth driven by urbanisation and infrastructure investment, supported by policy protection from imports. Tata Steel's strong balance sheet and favorable demand-supply dynamics, where demand growth is expected to outpace capacity additions, support the positive earnings outlook.
27Apr 26
Goldman Sachs Maintains Neutral Rating on Tata Steel with ₹210 Target Price
Goldman Sachs has assigned a neutral rating to Tata Steel with a ₹210 target price, expecting structural EBITDA improvement until FY28E supported by positive domestic steel demand. However, uncertainty around iron ore costs post-FY30E is likely to weigh on valuations, offsetting the expected near-term improvements.
25Apr 26
Tata Steel Files Revision Application Against ₹1755.11 Crore Demand Notice for Coal Extraction
Tata Steel Limited has filed Revision Application No. 101 of 2026 before the Ministry of Coal challenging a ₹1755.11 crore demand notice issued by District Mining Office, Ramgarh for alleged excess coal extraction from West Bokaro Colliery. The company disclosed this legal action under SEBI regulations, with management believing the demand lacks justification and substantive basis.
22Apr 26
Tata Steel Partners With Google Cloud to Build Unified Agentic AI System
Tata Steel has formed a strategic partnership with Google Cloud to develop a unified agentic AI system. This collaboration aims to enhance operational efficiency through advanced AI integration across the company's manufacturing processes. The initiative represents a significant step in Tata Steel's digital transformation journey, positioning the company as a technology leader in the steel industry.
22Apr 26
Tata Steel Officially Announces SMS Group Partnership for EASyMelt Technology
Tata Steel has formally announced through regulatory disclosure its partnership with SMS Group to deploy the world's first EASyMelt decarbonisation technology at its Jamshedpur facility. The project targets over 50% CO2 emission reduction and represents a significant milestone in the company's net zero journey by 2045.
22Apr 26
Tata Steel Completes 26% Stake Acquisition in TP Adarsh Limited on April 21, 2026
Tata Steel executed Share Subscription Agreement on April 21, 2026, acquiring 26% equity stake in TP Adarsh Limited for ₹5.90 crore. The transaction involved subscription of 59 lakh equity shares at ₹10 face value each, following Board approval from July 2025. Post-acquisition, TPAL became an indirect associate company of Tata Steel, with disclosure made under SEBI regulations.
20Apr 26
Macquarie Expects Upside for Tata Steel on Stable Prices and Capacity Expansion
Macquarie has expressed a bullish view on Tata Steel, expecting upside from stable domestic steel prices and improving European operations that should generate better cash flows. The brokerage also anticipates volume growth from the Kalinganagar Plant ramp-up and the addition of 0.75mnt EAF capacity, creating multiple growth drivers for the steel major.
15Apr 26
Tata Steel Opens Special Window for Physical Share Transfers Under SEBI Guidelines
Tata Steel Limited has issued official newspaper advertisements regarding the opening of a special window for transfer of shares in physical form under SEBI guidelines. The disclosure, made through advertisements in Financial Express and Navshakti on April 15, 2026, relates to SEBI circular allowing investors who had previously submitted transfer requests before April 1, 2019 but faced rejection due to technical deficiencies to resubmit their applications during the period from February 5, 2026 to February 4, 2027.
15Apr 26
CCI Investigating Tata Steel and JSW Steel for Alleged Anti-trust Violations in Price-fixing Probe
The Competition Commission of India is investigating Tata Steel and JSW Steel for alleged anti-trust violations as part of a broader probe into price-fixing by major Indian steelmakers. The investigation examines potential anti-competitive practices and market manipulation within the steel sector, highlighting regulatory efforts to maintain fair competition in this critical industrial segment.
15Apr 26
HSBC Maintains Buy Rating on Tata Steel with ₹250 Target Price
HSBC has maintained its Buy rating on Tata Steel with a ₹250 target price, supported by multiple factors including domestic HRC price hikes in March-April and Middle East supply disruptions boosting global metals pricing. The brokerage raised LME aluminium forecasts by 10% and 8% for CY26 and CY27 respectively, with expectations of stable domestic steel prices and upside risk to earnings estimates.
10Apr 26
Tata Steel Completes Acquisition of Remaining 0.01% Stake in Tata Steel Colors
Tata Steel Limited has successfully acquired the remaining 0.01% equity stake in Tata Steel Colors Private Limited for ₹0.03 crore, completing its transformation into a 100% wholly owned subsidiary. The transaction involved 10,000 equity shares purchased from BlueScope Steel Asia Holdings Pty Ltd as per the Share Purchase Agreement executed on November 12, 2025.
09Apr 26
Tata Steel Highlights Impact of Geopolitical Uncertainty on Business Operations
Tata Steel has stated that geopolitical uncertainty is making business operations more challenging. The company has expressed concerns that an extended West Asia conflict could impact its capital expenditure plans, reflecting the broader challenges faced by global industrial companies in the current uncertain environment.
09Apr 26
Tata Steel Files Q4 FY26 SEBI Compliance Certificate for Dematerialized Securities
Tata Steel Limited has filed its quarterly compliance certificate under SEBI Regulation 74(5) for the quarter ended March 31, 2026, digitally signed by Company Secretary Parvatheesam Kanchinadham. The certificate confirms proper reporting of dematerialized securities details to depositories NSDL and CDSL, and stock exchanges BSE and NSE within specified timelines.
07Apr 26
Tata Steel Reports Record FY26 Production of 23.48 MT, Q4 Output Jumps 15%
Tata Steel delivered exceptional FY26 performance with record annual crude steel production of 23.48 million tons and Q4 output of 6.25 million tons showing 15.02% YoY growth. The company achieved best-ever delivery volumes of 22.53 million tons with domestic deliveries crossing 20 million tons for the first time, while e-commerce platforms recorded ₹9,360 crores GMV with 161% YoY growth.
04Apr 26
Tata Steel Receives ₹1755.10 Crore Demand Notice for Alleged Excess Coal Extraction
Tata Steel has received a substantial demand notice of ₹1755.10 crore from the District Mining Office, Ramgarh, Jharkhand for alleged excess coal extraction at its West Bokaro Colliery operations. The notice covers a seven-year period from FY 2000-01 to FY 2006-07 and claims excess extraction of 1,62,40,399 MT of mineral coal. The company strongly disagrees with the demand and plans to pursue legal remedies to contest the allegations.
02Apr 26
Tata Steel announces changes in Senior Management Personnel effective April 2, 2026
Tata Steel Limited has officially announced comprehensive senior management changes through regulatory filing, effective April 2, 2026. The restructuring includes re-designation of three Vice Presidents and appointment of Mr. Ujjal Chakraborti as new VP Operations-Downstream, with executives bringing decades of steel industry experience across critical business functions.
31Mar 26
Tata Steel Completes ₹1.49 Crore Acquisition of Medica TS Hospital, Makes it Wholly Owned Subsidiary
Tata Steel Limited successfully completed the acquisition of Medica TS Hospital Private Limited for ₹1.49 crore, making it a wholly owned subsidiary. The transaction involved purchasing 7,40,000 equity shares and 2,30,05,182 Optionally Convertible Redeemable Preference Shares from Manipal Hospitals Eastern India Private Limited, giving Tata Steel 100% ownership stake.
28Mar 26
Tata Steel Gets Interim Relief in ₹385.19 Crore Coal Demand Dispute with Jharkhand
Tata Steel has obtained significant interim relief from the Ministry of Coal's Revisional Authority in a coal demand dispute worth ₹385.19 crore with Jharkhand authorities. The company filed three revision applications challenging demand notices for alleged excess coal production at Jharia collieries during FY2000-01 to FY2016-17, with the court directing state authorities to refrain from coercive action during the pendency of proceedings.
26Mar 26
Tata Steel Secures High Court Stay on GST Proceedings Worth Over ₹1,100 Crore
Tata Steel Limited obtained interim relief from Jharkhand High Court with a stay on all GST proceedings related to ₹1,100+ crore dispute. The case involves Input Tax Credit disallowance for FY2018-19 through FY2022-23, with net exposure of ₹493.35 crore and penalty of ₹638.83 crore. Next hearing scheduled for April 15, 2026.
25Mar 26
Tata Steel Limited Issues Newspaper Advertisement for Duplicate Securities Under SEBI Regulations
Tata Steel Limited has issued a regulatory disclosure regarding the publication of a newspaper advertisement for duplicate securities issuance in the Financial Express, following SEBI circular requirements. The advertisement addresses the loss of 5,480 equity shares belonging to shareholders Veena Yogesh Kikani and Yogesh Kishandas Kikani, with the company providing proper notifications to both BSE and NSE while maintaining transparency through its official website.
25Mar 26
High Court Grants Stay on Tata Steel Tax Proceedings Until March 25, 2026
The High Court has granted Tata Steel a stay on tax proceedings until March 25, 2026, providing the steel company with temporary relief from ongoing tax disputes. This judicial decision offers Tata Steel protection from immediate tax-related legal challenges and allows time to address the underlying issues through proper legal channels.
25Mar 26
Tata Steel Acquires USD 180 Million Equity Stake in T Steel Holdings Pte. Ltd
Tata Steel Limited has acquired 178,57,14,286 equity shares worth USD 180 million in its wholly owned subsidiary T Steel Holdings Pte. Ltd, as part of an ongoing fund infusion program since May 2025. The transaction, valued at ₹1,680.27 crore, was completed on March 24, 2026, with full regulatory compliance under SEBI listing obligations.
24Mar 26
Tata Steel Issues Official Regulatory Clarification on Hindustan Zinc Partnership
Tata Steel has provided formal regulatory clarification to BSE Limited regarding its partnership with Hindustan Zinc Limited for integrating EcoZen low-carbon zinc solution into galvanised steel manufacturing. The official communication, signed by Company Secretary Parvatheesam Kanchinadham, confirms the strategic partnership aligns with sustainability goals and was entered in normal course of business, requiring no disclosure under SEBI regulations.
20Mar 26
Tata Steel Inaugurates India's First Scrap-Based Electric Arc Furnace at Ludhiana
Tata Steel has inaugurated India's first scrap-based electric arc furnace facility at Hi-Tech Valley, Ludhiana, representing a ₹3,200 crore investment with 0.75 million tonnes annual capacity. The facility aims to achieve CO₂ emissions below 0.30 tonne per tonne of steel using 100% steel scrap and nearly 50% renewable energy, supporting the company's Net Zero commitment by 2045.
20Mar 26
HSBC Raises Tata Steel Target Price to Rs 250 on Multi-Year Regional Protection Benefits
HSBC has upgraded Tata Steel's target price to Rs 250 from Rs 235, maintaining a Buy rating based on multi-year regional protection benefits. The upgrade reflects positive impacts from UK import protection, EU CBAM, and India safeguard duties, which are expected to boost FY27-28e earnings by 5-14%. The brokerage highlights supportive India margins and prices, with potential additional catalysts from China's export and production cuts.
17Mar 26
Tata Steel Limited publishes newspaper advertisement for proposed share transfers under SEBI regulations
Tata Steel Limited has published mandatory newspaper advertisements in Financial Express and Navshakti regarding 16 proposed share transfer requests totaling equity shares with face value of Rs 10/- each. The transfers involve various shareholders to proposed transferees including Mohan Agarwal, Dhani Ram Sharma, and others, with notable transfers of 150 shares each for Sunita Anil Kumar and Gunjan Agarwal. Any claims must be lodged within 30 days from publication date.
17Mar 26
Tata Steel Limited Issues Public Notice for Duplicate Securities Following SEBI Regulations
Tata Steel Limited has issued a public notice in Financial Express regarding duplicate securities issuance for lost share certificates. The notice pertains to 5,460 equity shares belonging to shareholders Manika Bhandary and Gopal Chandra Bhandary, with a 15-day claim period established for any objections before proceeding with duplicate certificate issuance.
17Mar 26
Tata Steel Board Approves Neelachal Ispat Nigam Merger and USD 2.00 Billion Investment Plan
Tata Steel's board meeting on March 17, 2026, approved three major strategic initiatives: amalgamation with subsidiary Neelachal Ispat Nigam Limited under Companies Act provisions, USD 2.00 billion equity investment in T Steel Holdings Pte. Ltd. for overseas operations and debt repayment, and acquisition of remaining 80.85% stake in Medica TS Hospital Private Limited for ₹1.49 crore to achieve 100% ownership of the 100-bed multi-speciality healthcare facility.
17Mar 26
Tata Steel Records Rs. 68.11 Crore Block Trade on NSE
Tata Steel Limited recorded a major block trade on NSE worth Rs. 68.11 crores, involving 3,491,862 shares at Rs. 195.04 per share. The substantial transaction highlights significant institutional activity in the steel major's stock and represents notable capital movement by large investors.
13Mar 26
Tata Steel Files Writ In Jharkhand High Court Challenging ₹493.35 Cr GST Demand
Tata Steel has approached the Jharkhand High Court to challenge a significant GST adjudication order that demands ₹493.35 crore in taxes and imposes a penalty of ₹638.82 crore. The dispute relates to Input Tax Credit disallowance spanning five financial years from 2018-19 to 2022-23, with the company maintaining confidence in its legal position and citing inadequate consideration of its submissions during the adjudication process.
26Feb 26
Tata Steel Acquires USD 264 Million Equity Stake in T Steel Holdings Subsidiary
Tata Steel Limited acquired 261,90,47,620 equity shares worth USD 264 million (₹2,401.50 crore) in T Steel Holdings Pte. Ltd on February 26, 2026. The shares carry a face value of USD 0.1008 each, with TSH remaining a wholly owned foreign subsidiary. This transaction continues the company's series of fund infusions into the subsidiary, following previous disclosures made throughout 2025 and early 2026 in compliance with SEBI listing regulations.
12Feb 26
Tata Steel Publishes Q3FY26 Financial Results Advertisement Following Board Approval
Tata Steel published newspaper advertisements for its Q3FY26 financial results in five newspapers including The Free Press Journal, The Indian Express, Financial Express, Navshakti, and LokSatta. The advertisements included QR codes and weblinks for accessing complete financial results, complying with SEBI Regulation 47. The company reported standalone revenue of ₹35,578.36 crore and consolidated revenue of ₹57,002.40 crore for Q3 FY26, with earnings discussion recording made available on the company website.
07Feb 26
Tata Steel Reports Strong Q3FY26 Results with 39% EBITDA Growth and Record Deliveries
Tata Steel delivered robust Q3FY26 performance with consolidated EBITDA of ₹8,309 crores (39% YoY growth) and revenues of ₹57,002.40 crores. India operations led growth with record deliveries of 6.04 million tons and 23% EBITDA margin, while the company completed strategic acquisitions worth over ₹1,700 crores and made earnings discussion recording available for stakeholders.
05Feb 26
Tata Steel Sees Rs. 28.78 Crore Block Trade on NSE for 1.47 Million Shares
Tata Steel recorded a significant NSE block trade worth Rs. 28.78 crores involving 1,475,021 shares at Rs. 195.11 per share. The transaction represents substantial institutional activity in the steel major's stock, indicating portfolio movements by large market participants.
04Feb 26
Tata Steel Court Hearings Concluded on Sukinda Chromite Block Writ Petitions
The High Court of Orissa has concluded hearings on Tata Steel's two writ petitions challenging mining demands totaling ₹4,313.62 crores related to alleged shortfall in mineral dispatch from Sukinda Chromite Block. The court has reserved both matters for judgment while extending interim protection, ensuring the company remains safeguarded from coercive action until the final decision is delivered.
02Feb 26
Tata Steel Acquires Shares Worth USD 625.75 Million in TSHP
Tata Steel has successfully acquired shares worth USD 625.75 million in TSHP, representing a major corporate investment. This substantial transaction highlights the company's strategic investment approach and commitment to expanding its business portfolio through significant equity acquisitions.
30Jan 26
Tata Steel Gains Majority Stake of 50.01% in Thriveni Pellets for ₹635.13 Crore
Tata Steel has successfully acquired a controlling 50.01% stake in Thriveni Pellets Private Limited for ₹635.13 crore, purchasing 90,06,801 equity shares from Thriveni Earthmovers Private Limited. The transaction, completed after Competition Commission of India approval, also grants Tata Steel indirect control over Brahmani River Pellets Private Limited through TPPL's 100% ownership, with both companies now becoming subsidiaries of Tata Steel.
27Jan 26
EU and India Propose Zero Tariff Agreement on Iron and Steel Products
The European Union and India have proposed eliminating tariffs on iron and steel products, which could significantly benefit steel manufacturers operating in both regions. This zero tariff arrangement would remove existing trade barriers and potentially enhance competitiveness for companies like Tata Steel with operations across both markets.
23Jan 26
Tata Steel Board Meeting Scheduled for February 6, 2026 to Consider Q3FY26 Financial Results
Tata Steel Limited has scheduled its Board of Directors meeting for February 6, 2026, to consider and approve Q3FY26 financial results covering the quarter and nine months ended December 31, 2025. The meeting will review both audited standalone and unaudited consolidated financial results. The company has closed its trading window from December 25, 2025, which will reopen 48 hours after results declaration, ensuring compliance with insider trading prevention regulations.
21Jan 26
Tata Steel Secures Extended Court Protection in Sukinda Chromite Block Litigation Worth ₹4,313.62 Crores
Tata Steel Limited has obtained extended interim protection from the Orissa High Court until January 29, 2026, in two writ petitions challenging mining authority demands worth ₹4,313.62 crores for alleged shortfalls in mineral dispatch from its Sukinda Chromite Block. The court has restrained authorities from taking coercive action while the substantial mining dispute remains under judicial review.
21Jan 26
Tata Steel Records ₹58.04 Crore Block Trade on NSE at ₹183.67 Per Share
Tata Steel executed a significant block trade on NSE worth ₹58.04 crores, involving 31,59,881 shares at ₹183.67 per share. This substantial institutional transaction highlights continued investor interest in the steel major's stock and demonstrates the active participation of large market participants in the company's equity.
21Jan 26
Morgan Stanley Maintains Overweight Rating on Tata Steel, Raises Target Price to ₹215
Morgan Stanley has maintained its Overweight rating on Tata Steel while raising the target price to ₹215.00 per share. The upward revision in target price reflects the brokerage's positive outlook on the steel company's prospects and suggests continued confidence in its business fundamentals.
20Jan 26
CCI Approves Tata Steel's Acquisition of 50.01% Stake in Thriveni Pellets
The Competition Commission of India has approved Tata Steel's acquisition of a 50.01% controlling stake in Thriveni Pellets. This regulatory clearance allows the steel major to proceed with the transaction, which will provide majority control over the pellets manufacturing company and potentially strengthen its raw material supply chain in steel production.
12Jan 26
Tata Steel Secures Interim Relief Extension in ₹4,313 Crore Demand Matters
Tata Steel has obtained extended interim relief from the Orissa High Court until January 19, 2026, in two writ petitions challenging demand notices totaling ₹4,313.61 crore related to its Sukinda chromite block. The demands of ₹1,902.72 crore and ₹2,410.89 crore concern alleged shortfalls in mineral and chrome ore dispatch during the fourth and fifth years of the Mine Development and Production Agreement respectively.
12Jan 26
Tata Steel Secures Extended Court Protection in ₹4,313 Crore Mining Dispute
Tata Steel Limited has secured extended interim protection from the Orissa High Court until January 19, 2026, in two writ petitions challenging mining authority demands totaling ₹4,313.62 crores. The disputes involve alleged shortfalls in mineral dispatch from the Sukinda Chromite Block for two consecutive assessment periods under the Mine Development and Production Agreement. The court's protection prevents authorities from taking coercive action while legal proceedings continue.
08Jan 26
Tata Steel gets 'Buy' rating from HSBC despite stock underperformance concerns
Tata Steel attracts positive analyst ratings despite recent stock underperformance, with HSBC maintaining 'Buy' rating at ₹215 target and Morgan Stanley 'Overweight' at ₹200. The company delivered record Q3FY26 performance with India crude steel production rising 11.4% YoY to 6.34 MT and deliveries up 14% to 6.04 MT, crossing 6 MT milestone for first time. However, international operations showed mixed results with Netherlands production declining 4.5% and UK volumes down 9%, while Thailand improved 19% in production.
07Jan 26
Tata Steel Submits Q3 FY26 Securities Dematerialization Certificate to SEBI Depositories
Tata Steel Limited filed its Q3 FY26 certificate under SEBI Regulation 74(5) on January 7, 2026, confirming compliance with securities dematerialization reporting requirements. The certificate covers the quarter ended December 31, 2025, and confirms that dematerialization details were submitted to BSE and NSE within specified timelines. Company Secretary Parvatheesam Kanchinadham digitally signed the compliance document, which was filed with NSDL and CDSL depositories.
06Jan 26
CCI Probe Finds Steel Giants Used WhatsApp Chats for Price Fixing Collusion
India's Competition Commission has concluded a major investigation finding 28 steel companies, including industry giants Tata Steel, JSW Steel, and SAIL, guilty of price collusion through WhatsApp messages between 2015-2023. The probe has held 56 senior executives liable, including top industry leaders, with evidence showing coordinated price fixing and production curbs. Steel stocks fell following the Reuters report, while companies face potential penalties of up to three times profit or 10% of annual turnover.
06Jan 26
Tata Steel Leads Tata Group Performance with 30.4% Gains in 2025, Analysts Target Further Upside
Tata Steel delivered exceptional performance in 2025 with 30.4% gains, adding ₹52,368 crore in market value while most Tata Group stocks declined. The company benefits from improving operational metrics, with India business share rising to 68% in FY25 and projected to reach 72% by FY28E. Major capacity expansion plans include NINL facility expansion and new electric arc furnace commissioning in March 2026. Government import tariffs of 11-12% on steel products provide additional support, while analysts maintain bullish outlook with Jefferies setting ₹230 target price representing 31% upside potential.
05Jan 26
Tata Steel Shares Surge 10.5% in Six Days, Approach 52-Week High on Expansion Plans
Tata Steel shares surged 10.5% over six trading sessions to ₹186.90, approaching the 52-week high of ₹187. The rally followed CEO T V Narendran's expansion roadmap, including ₹4,000 crore investments in value-added manufacturing despite acknowledging steel prices hitting five-year lows due to Chinese exports exceeding 100 million tonnes annually. The company outlined significant capacity expansions across facilities, while government extension of safeguard duties on steel imports provided additional sector support.
02Jan 26
Tata Steel Shares in Focus as CEO Flags 5-Year Low Steel Prices Amid Global Headwinds
Tata Steel CEO T V Narendran announced that steel prices in India reached their lowest levels in five years during 2025, despite robust domestic demand, primarily due to global trade disruptions and massive Chinese steel exports. While the company's European operations faced pressure from import duties, domestic operations remained resilient, helping deliver better financial performance. The company continues its expansion strategy with ₹4,000 crore investments in Combi Mill and Tinplate division, alongside significant capacity enhancements across multiple plants including Kalinganagar, Meramandali, and Neelachal facilities.
01Jan 26
Tata Steel Completes ₹1,100 Crore Acquisition in Joint Venture; Multiple Corporate Actions Across Markets
Tata Steel completed acquisition of 43.3 crore shares worth ₹1,099.97 crore in joint venture Tata BlueScope Steel on December 31, 2025. Multiple companies announced leadership changes including resignations at Take Solutions and Canara Robeco. Sammaan Capital approved NBFC business demerger to facilitate $1-billion investment, while Vodafone Idea secured ₹5,836 crore settlement from Vodafone Group. Various companies reported investment approvals, regulatory updates, and business restructuring initiatives.
31Dec 25
Tata Steel Completes ₹1,100 Crore Acquisition of Tata BlueScope Steel Shares
Tata Steel has successfully completed the acquisition of 43.3 crore equity shares in Tata BlueScope Steel Private Limited for ₹1,099.97 crore from BlueScope Steel Asia Holdings. The transaction increases Tata Steel's ownership to 99.99%, converting the former 50:50 joint venture into an indirect subsidiary.
31Dec 25
Tata Steel Completes ₹1,100 Crore Acquisition of Tata BlueScope Steel Stake
Tata Steel has successfully completed the acquisition of 99.99% equity stake in Tata BlueScope Steel Private Limited for ₹1,099.97 crore, transforming the former joint venture into an indirect subsidiary. The transaction involved acquiring 43,29,90,000 equity shares from BlueScope Steel Asia Holdings and was completed following regulatory approval from the Competition Commission of India.
30Dec 25
Market Analysts Recommend Five High-Conviction Stock Picks Across Banking, Metal, and Energy Sectors
Market analysts recommend five high-conviction stock picks across diverse sectors. AU Small Finance Bank leads with consensus buy ratings at ₹986 targeting ₹1,050, while NTPC gets a buy at ₹325 for ₹338 target. Tata Steel is recommended at ₹172 targeting ₹180, Tata Consumer Products at ₹1,260 target, and Bharti Hexacom with ₹1,925 target, all with defined stop-loss levels.
28Dec 25
Tata Steel Receives GST Demand Order of ₹890.52 Crores for Alleged Input Tax Credit Irregularities
Tata Steel has received a GST demand order totaling ₹890.52 crores along with equal penalty and interest from the Joint Commissioner of CGST & Central Excise, Jamshedpur, for alleged irregular Input Tax Credit claims during FY2018-19 through FY2020-21. The company maintains that no actual excess ITC was claimed and the differences arise from timing issues in credit availment, which are permissible under GST laws, and plans to contest the order before the appropriate forum.
26Dec 25
Tata Steel Faces $1.6 Billion Lawsuit from Dutch NGO Over Alleged Health and Environmental Damage
Dutch NGO Stichting Frisse Wind.nu has filed a €1.4 billion lawsuit against Tata Steel's Netherlands operations, alleging harmful emissions caused health damage and environmental harm to Velsen-Noord residents. The legal action intensifies regulatory pressure following Dutch authorities' threats of €27 million fines and potential plant shutdowns for toxic emissions. Tata Steel faces additional challenges from a 2022 prosecution investigation into alleged deliberate environmental contamination, while the company has committed up to €6.5 billion for emissions reduction projects with €2 billion in Dutch state support.
24Dec 25
Tata Steel Credit Rating Affirmed at BBB by S&P with Stable Outlook
S&P Global Ratings affirmed Tata Steel's BBB issuer credit rating with a stable outlook on December 24, 2025. The rating agency cited higher volumes and cost-reduction initiatives as balancing factors against growth project impacts. Tata Steel's planned expansion at NINL and downstream capacity additions are expected to increase annual capex by ₹100-200 billion, potentially delaying deleveraging. S&P projects Tata Steel's adjusted debt to rise to ₹1,100 billion by fiscal 2028, with EBITDA forecasted to grow to ₹410 billion in fiscal 2027. The stable outlook reflects expectations of credit metric recovery over the next 12-18 months.
23Dec 25
Tata Steel: High Court Continues Interim Protection For Tax Demand Notices Until January 8
Tata Steel has secured extended court protection until January 8, 2026, in two separate legal challenges against mining authority demands worth ₹4,313.62 crores. The demands relate to alleged shortfall in chromite dispatch from Sukinda Chromite Block operations, with the Orissa High Court providing interim relief preventing coercive action while proceedings continue.
23Dec 25
Tata Steel Wins Relief From ₹161.52 Crore GST Compensation Cess Case
Tata Steel has achieved a major victory in its GST compensation cess case, with authorities completely setting aside a tax demand of ₹161.52 crores and imposing no penalty. The favourable order from the Joint Commissioner of CGST Central Excise, Jamshedpur, provides complete relief in a matter involving erstwhile Tata Steel Long Products Limited, which had amalgamated with the company in November 2023.
22Dec 25
Tata Steel Acquires $150M Stake in T Steel Holdings
Tata Steel completed a USD 150 million acquisition of equity shares in its wholly owned subsidiary T Steel Holdings Pte. Ltd, purchasing 1.49 billion shares at USD 0.1008 face value each. The transaction, valued at ₹1,354.94 crore using RBI's exchange rate, represents the latest in a series of fund infusions into the subsidiary as disclosed under SEBI regulations.
19Dec 25
Tata Steel Faces ₹11.32 Billion Tax Demand and Penalty
Tata Steel faces a significant regulatory challenge as tax authorities have issued a tax demand of ₹4.93 billion along with a penalty of ₹6.39 billion, totaling ₹11.32 billion. The penalty amount exceeds the primary tax demand, indicating the severity of the regulatory action. This development represents a major financial obligation for the steel giant, potentially impacting its financial planning and regulatory standing.
12Dec 25
Tata Steel Secures Extended Court Protection in Sukinda Chromite Block Dispute Worth ₹4,313.39 Crores
Tata Steel has secured extended interim protection from the Orissa High Court in two legal disputes involving demand letters totaling ₹4,313.39 crores related to its Sukinda Chromite Block operations. The court extended protection until December 19, 2025, covering disputes over alleged mining shortfalls across two assessment periods.
12Dec 25
Tata Steel Secures Extended Court Protection in ₹4,313 Crore Mining Penalty Case
Tata Steel has secured extended court protection until December 19 in its legal challenge against mining penalty demands totaling ₹4,313.39 crores. The Orissa High Court granted interim relief in two separate writ petitions filed by the company, preventing authorities from taking coercive action regarding alleged shortfall in mineral dispatch from the Sukinda Chromite Block operations.
12Dec 25
HSBC Issues Buy Rating on Tata Steel with Target Price of ₹215
HSBC has assigned a Buy rating to Tata Steel shares with a target price of ₹215.00. This positive analyst recommendation indicates the investment bank's confidence in the steel company's prospects and suggests potential upside from current market levels.
12Dec 25
Morgan Stanley Maintains Overweight Rating on Tata Steel with ₹200 Target Price
Morgan Stanley has reaffirmed its Overweight rating on Tata Steel with a target price of ₹200 per share. This rating suggests the global investment firm's positive outlook on Tata Steel's performance relative to its sector.
11Dec 25
Tata Steel Executives Expect Steel Price Recovery and Margin Improvement
Tata Steel's management has expressed positive views on the steel market outlook, believing that current steel prices have bottomed out and expecting margin improvements. The company does not anticipate increased Chinese steel exports, while the weaker rupee is helping offset import cost pressures, creating a more favorable operating environment.
11Dec 25
Tata Steel Executive Indicates Growth Plan Details to be Revealed by March 2026
Tata Steel executive has announced that more details about the company's growth plans will be revealed by March 2026. The timeline indicates a structured approach to strategic communication, though specific details about investment amounts, focus areas, or strategic directions remain undisclosed pending the future announcement.
11Dec 25
JPMorgan Maintains 'Overweight' Rating on Tata Steel with ₹193.00 Price Target
JPMorgan has reaffirmed its 'Overweight' rating on Tata Steel with a price target of ₹193.00. The rating indicates positive analyst sentiment and suggests expectations for the stock to outperform relative to sector peers and broader market indices.
10Dec 25
Tata Steel Receives Approval to Start Engineering Work for 1 MTPA Demonstration Plant in Jamshedpur
Tata Steel has obtained approval to start engineering work for a 1 MTPA demonstration plant in Jamshedpur. This approval enables the company to proceed with the technical and engineering phases of the project, representing a significant milestone in its expansion strategy. The demonstration plant will serve as a platform for advanced steel manufacturing technologies and will benefit from Jamshedpur's established industrial infrastructure.
10Dec 25
Tata Steel Approves 0.7 MTPA Hot Rolled Pickling and Galvanizing Line Project at Tarapur Complex
Tata Steel has approved a 0.7 MTPA hot rolled pickling and galvanizing line project at its Tarapur Cold Rolling Complex. This strategic expansion will enhance the company's value-added steel product capabilities and strengthen its position in the processed steel market. The new facility will focus on producing high-quality, corrosion-resistant steel products for automotive, construction, and industrial applications.
10Dec 25
Tata Steel Approves Funding for 2.5MT Thin Slab Caster and Rolling Facilities in Meramandali
Tata Steel has secured board approval for funding new thin slab caster and rolling mill facilities at Meramandali with 2.5 million tonnes capacity. The project represents a strategic expansion of the company's manufacturing infrastructure, incorporating advanced casting technology and integrated rolling operations to strengthen market position.
10Dec 25
Tata Steel Approves 4.8 MTPA Capacity Expansion at Neelachal Ispat Nigam Limited
Tata Steel has approved a major capacity expansion of 4.8 million tonnes per annum (MTPA) at Neelachal Ispat Nigam Limited. This strategic expansion will significantly enhance the company's steel production capabilities and strengthen its position in the Indian steel market.
10Dec 25
Tata Steel Announces $6.36 Billion Acquisition of Pellet Facility for Iron Ore Supply
Tata Steel has announced a $6.36 billion acquisition of a pellet facility to strengthen its iron ore supply chain in India. This major investment represents a significant strategic move to enhance the company's raw materials infrastructure and operational capabilities in the Indian market.
10Dec 25
Jefferies Issues Buy Recommendation for Tata Steel with Target Price of ₹200
Jefferies has issued a Buy recommendation for Tata Steel with a target price of ₹200.00 per share. The positive rating from the global brokerage firm reflects confidence in the steel company's business prospects and suggests potential for stock price appreciation based on their analytical assessment.
05Dec 25
Tata Steel Sees Large Block Trade Worth Rs. 274.92 Crores on NSE
A significant block trade of 16,595,350 Tata Steel shares was executed on the National Stock Exchange at ₹165.66 per share, totaling ₹274.92 crore. This large transaction suggests notable institutional activity in the steel major's stock. Additionally, Tata Steel has announced an upcoming investor meeting, 'JM Financial, India Xchange 2025', scheduled for November 21, 2025, in Mumbai.
04Dec 25
Tata Steel Secures Extended Interim Protection in ₹4,313 Crore Chromite Block Dispute
Tata Steel has obtained extended interim protection from the Orissa High Court against a ₹4313.39 crore demand raised by mining authorities. The dispute concerns an alleged shortfall in Chrome Ore dispatch from Tata Steel's Sukinda Chromite Block during the 4th and 5th years of the Mine Development and Production Agreement. The High Court has restrained authorities from taking coercive action against Tata Steel until the next hearing, scheduled for December 12, 2025.
19Nov 25
Tata Steel Reports Robust Q2 Performance with 8% Production Growth and Margin Expansion
Tata Steel's Q2 performance showed significant growth with crude steel production up 8% QoQ to 5.65 million tons. Domestic deliveries increased by 20%, and EBITDA margins expanded by 80 basis points to 25.00%. The company achieved cost improvements of over Rs 2,561.00 crores. Tata Tiscon volumes grew 27% QoQ, while industrial products and projects segment saw a 22% QoQ increase in deliveries. Netherlands operations remained stable, but UK operations faced challenges with widening EBITDA loss. Tata Steel signed a letter of intent with the Dutch government for decarbonization, announced divestment of its Ferro Alloy Plant in Odisha, and plans to acquire the remaining 50% stake in Tata BlueScope Steel Private Limited.
15Nov 25
Tata Steel Strengthens Energy Infrastructure with €140 Million Acquisition of Lag Velsen B.V.
Tata Steel IJmuiden B.V., a Dutch subsidiary of Tata Steel, has agreed to acquire Lag Velsen B.V. for up to €140 million. The deal includes three Vattenfall power plants with a total capacity of 770 megawatts, which are crucial for Tata Steel's operations in the Netherlands. The acquisition ensures continued conversion of process gases into electricity and steam. The transaction, subject to regulatory approvals, is expected to complete by January 1, 2026.
11Nov 25
Tata Steel Poised for 270% Profit Surge in Q2, Despite Steel Price Weakness
Tata Steel is expected to report a substantial improvement in its Q2 financial performance, with profit after tax projected to increase by nearly 270% year-over-year. This turnaround is attributed to lower input costs, particularly coking coal, and higher domestic volumes. The company's Indian operations are forecasted to see a 9% increase in standalone volumes to 5.60 million tonnes, supported by recovering domestic demand. However, challenges persist, including pressure on steel prices and difficulties in European operations, especially in the UK unit. Despite these challenges, analysts emphasize that volume recovery in India and cost efficiency will be key drivers for Tata Steel's earnings growth.
05Nov 25
Tata Steel Divests Ferro Alloy Plant to IMFA for Rs. 610 Crore
Tata Steel Limited has signed an Asset Transfer Agreement with Indian Metals & Ferro Alloys Ltd. (IMFA) to sell its Ferro Alloy Plant in Jajpur, Odisha. The base consideration for the sale is Rs. 610.00 crore. The transaction is expected to close within 3 months, subject to requisite approvals. This move aligns with Tata Steel's strategy to optimize its portfolio and focus on core operations. Tata Steel, a global steel industry leader, has an annual crude steel capacity of 35 million tonnes and operations across five continents.
29Oct 25
Tata Steel Challenges ₹2,410.90 Crore Demand with Legal Petition
Tata Steel has filed a writ petition in the Orissa High Court to quash a demand letter for ₹2,410.90 crore issued by the Office of Deputy Director of Mines, Jajpur. The demand alleges a shortfall in Chrome Ore dispatch from Tata Steel's Sukinda Chromite Block during the 5th year of the Mine Development and Production Agreement. The petition, filed on October 29, names the State of Odisha, Union of India (Ministry of Mines), and mining officials as respondents. Separately, Tata Steel acquired 159,20,39,801 equity shares in its wholly owned foreign subsidiary, T Steel Holdings Pte. Ltd, for USD 160 million.
29Oct 25
Tata Steel Bolsters T Steel Holdings with $160 Million Equity Acquisition
Tata Steel has acquired equity shares worth $160 million (₹1,409.02 crore) in its wholly owned foreign subsidiary, T Steel Holdings Pte. Ltd (TSHP). The transaction involved purchasing 159,20,39,801 equity shares with a face value of $0.1005 each. This investment is part of Tata Steel's ongoing strategy to strengthen its global presence and operational capabilities. The acquisition follows previous fund infusions into TSHP disclosed between May and September. Tata Steel made this disclosure in compliance with SEBI regulations, demonstrating its commitment to transparency in corporate actions.
24Oct 25
Tata Steel Shareholders Overwhelmingly Approve Amalgamation with TRF Limited
Tata Steel Limited held a shareholder meeting on September 18, 2023, to vote on the Scheme of Amalgamation with TRF Limited. The meeting, conducted via video conferencing as per NCLT directives, saw participation from 7 promoter group shareholders and 130 public shareholders. The resolution received near-unanimous approval with 99.9992% votes in favor and only 0.0008% against. This amalgamation is a significant corporate action for Tata Steel, potentially aimed at streamlining operations and enhancing efficiency.
13Oct 25
Tata Steel's ₹1,903 Crore Mining Dispute: Court Extends Interim Protection
Tata Steel is challenging a ₹1,902.72 crore demand from the Office of Deputy Director of Mines, Jajpur, over an alleged shortfall in mineral dispatch from its Sukinda Chromite Block. The company has filed a writ petition in the Orissa High Court seeking to quash the demand letter. The court has granted interim protection, preventing authorities from taking coercive action against Tata Steel. The next hearing is scheduled for November 6, with the interim protection extended until then. This case is part of a broader set of similar pending cases before the court, potentially affecting other mining companies.
13Oct 25
Tata Steel Executes Rs. 64.24 Crore Block Trade on NSE
Tata Steel conducted a significant block trade on the National Stock Exchange (NSE). The transaction involved 3,738,966 shares at Rs. 171.81 per share, totaling Rs. 64.24 crores. This large, privately negotiated transaction demonstrates continued institutional investor interest in Tata Steel's shares.
09Oct 25
Tata Steel Reports Strong Q2 Performance Amid EU Steel Industry Protection Proposal
Tata Steel reported an 8% quarter-on-quarter and 7% year-over-year increase in Q2 production, reaching 5.67 million tons. Domestic deliveries grew by 20% from the previous quarter to 5.56 million tons. The European Commission has proposed measures to protect the EU steel industry, including reducing tariff-free import volumes by 47% to 18.3 million tonnes annually and doubling out-of-quota duties to 50%. These measures could potentially benefit Tata Steel's European operations. The company's shares rose 3.5% to Rs 177.85 following the news.
08Oct 25
Tata Steel Shares Surge, Eyeing Breakout Above Rs 175; UK PM Starmer to Meet Tata
Tata Steel shares are trading around Rs 171.00, benefiting from a metals sector rally driven by expected U.S. interest rate cuts, a weakening dollar, and the EU's plan to raise Chinese steel tariffs. The stock is consolidating between Rs 166.00-175.00, with Rs 175.00 as a key resistance level. A breakout could lead to Rs 185.00-225.00. The EU's proposal to double steel import tariffs and reduce quotas could benefit Tata Steel's European operations. However, the company faces a Rs 2,410.90 crore demand notice from Odisha authorities, which it plans to contest. UK Prime Minister Starmer is set to meet with Tata to discuss steel industry matters.
04Oct 25
Tata Steel Faces ₹2,411 Crore Demand Notice Over Sukinda Chrome Ore Dispatch Shortfall
Tata Steel received a demand notice of ₹2,410.89 crore from Odisha's Office of the Deputy Director of Mines, Jajpur, for alleged shortfall in chrome ore dispatch from its Sukinda Chromite Block. The notice, issued under Rule 12A of the Minerals Concession Rules, 2016, covers the sale value of the shortfall quantity and appropriation of performance security. Tata Steel plans to contest the notice, stating it lacks substantive justification. The company previously received a similar notice for ₹1,902.73 crore, which is currently under interim stay by the Orissa High Court. Despite the news, Tata Steel's shares closed 3.40% higher at ₹173.20.
01Oct 25
Tata Steel Faces Potential Impact as European Commission Plans to Raise Steel Import Tariffs
The European Commission is contemplating raising import tariffs on foreign steel to match levels imposed by the US and Canada. This move could affect global steel manufacturers, including India's Tata Steel, which has significant operations in Europe. The proposed tariff increase may lead to higher costs for European steel importers, potential advantages for domestic European producers, and challenges for non-EU manufacturers in maintaining their European market share. Tata Steel may need to reassess its European operations and market strategy in response to these potential changes.
29Sept 25
Tata Steel Advances Decarbonization Project with Dutch Government, Board to Review Investment Decision
Tata Steel has signed a non-binding Joint Letter of Intent with the Dutch government and North-Holland province for an integrated project to reduce CO2 emissions and improve the environment around its IJmuiden site. The plan includes reducing annual CO2 emissions by 5.40 million tonnes, transitioning to new technologies like Direct Reduced Iron Plant and Electric Arc Furnace, and implementing various environmental measures. The Dutch government intends to support the project with up to €2.00 billion, while Tata Steel has applied for €0.30 billion from the EU Innovation Fund.
24Sept 25
Tata Steel Bolsters Stake in T Steel Holdings with $460 Million Investment
Tata Steel Limited has invested $460 million (₹4,054.66 crore) to acquire 4,577,114,428 additional equity shares in its wholly owned foreign subsidiary, T Steel Holdings Pte. Ltd (TSHP). The shares have a face value of $0.1005 each. This investment follows previous fund infusions into TSHP earlier in the year. Despite this significant equity acquisition, TSHP remains a wholly owned foreign subsidiary of Tata Steel Limited. The move is seen as part of Tata Steel's strategy to strengthen its global presence and consolidate its international steel business.
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