Tata Steel Ltd Share Price – NSE /  BSE

Steel, Mid Cap

Tata Steel Ltd gained for a third straight session today. The stock is quoting at Rs 171.12, up 2.85% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.45% on the day, quoting at 26014.15. The Sensex is at 85189.26, up 0.44%. Tata Steel Ltd has slipped around 3.13% in last one month.

Meanwhile, Nifty Metal index of which Tata Steel Ltd is a constituent, has slipped around 0.82% in last one month and is currently quoting at 10266.85, up 2.29% on the day. The volume in the stock stood at 222.51 lakh shares today, compared to the daily average of 252.5 lakh shares in last one month.

The benchmark December futures contract for the stock is quoting at Rs 171.73, up 3% on the day. Tata Steel Ltd is up 14.88% in last one year as compared to a 5.03% spurt in NIFTY and a 11.26% spurt in the Nifty Metal index.

The PE of the stock is 13.32 based on TTM earnings ending September 25.

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TTPL holds 100% stake in Brahmani River Pellets (BRPL), which operates a 4 MTPA pellet plant at Jajpur, Odisha along with a 212 Kilometer slurry pipeline. Its turnover was Rs 2,479.34 crore in FY25.

Tata Steel acquired 90,06,801 shares of face value Rs 10 each comprising 50.01% equity stake in TPPL from TEMPL. The acquisition is aimed at securing a long-term supply of iron ore pellets for the company?s operations in India.

Post-transaction, Tata Steel will hold 50.01% in TPPL, while the remaining 49.99% stake will continue to be held by Lloyds Metals & Energy (LMEL). The deal is expected to be completed within a 3 ? 4 months, subject to regulatory approvals.

Meanwhile, the company?s board accorded in-principle approval for the 4.8 MTPA capacity expansion at Neelachal Ispat Nigam. marking Phase 1 of a broader expansion plan The project will help the company scale up its long products portfolio, particularly in the high-growth retail and construction segments.

The board also approved funding to design and engineering of a 2.5 MTPA Thin Slab Cluster and Rolling facility at Tata Steel Meramandali. This expansion will enhance the company?s finished steel capacity, especially for thinner gauge products.

Further, the company?s board approved the plan to set up a 0.7 MTPA Hot Rolled Pickling and Galvanizing Line (HRPGL) at its Tarapur Cold Rolling Complex in Maharashtra. This will be ?first of its kind? facility in India, it is expected to strengthen the company?s offerings for automotive customers and support import substitution.

Furthermore, the company said that it has signed MoU with Lloyd Metals & Energy to partner in the areas of iron ore mining, logistics including slurry pipeline, pellet and steel making. The companies plan to jointly explore opportunities in Maharashtra?s Gadchiroli district, including operating mining concessions, developing a greenfield 6 MTPA steel plant in two phases, and driving cooperation in LMEL?s ongoing integrated steel projects. All proposed initiatives are subject to further detailed evaluation, due diligence, and receipt of requisite internal and regulatory approvals.

Tata Steel group is among the top global steel companies with an annual crude steel capacity of 35 million tonnes per annum. It is one of the world's most geographically diversified steel producers, with operations and commercial presence across the world.

The company reported 4.19 times increase in consolidated net profit to Rs 3,183 crore in Q2 FY26 from Rs 759 crore recorded in Q2 FY25. Revenue rose by 9% year-over-year (YoY) to Rs 58,689 crore during the quarter, primarily driven by higher deliveries in India and Netherlands despite drop in realisations.

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The brokerage said it continues to prefer Tata Steel over peers in the metals and mining space. It noted that falling steel prices in India and Asia may squeeze sector margins in the near term, but remains optimistic about the company?s medium-term outlook.

Tata Steel group is among the top global steel companies with an annual crude steel capacity of 35 million tonnes per annum. It is one of the world's most geographically diversified steel producers, with operations and commercial presence across the world.

The company reported 4.19 times increase in consolidated net profit to Rs 3,183 crore in Q2 FY26 from Rs 759 crore recorded in Q2 FY25. Revenue rose by 9% year-over-year (YoY) to Rs 58,689 crore during the quarter, primarily driven by higher deliveries in India and Netherlands despite drop in realisations.

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Tata Steel Ltd is down for a fifth straight session today. The stock is quoting at Rs 173.15, down 0.64% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is up around 0.27% on the day, quoting at 25979.8. The Sensex is at 84836.7, up 0.32%.Tata Steel Ltd has added around 0.7% in last one month.Meanwhile, Nifty Metal index of which Tata Steel Ltd is a constituent, has increased around 2.83% in last one month and is currently quoting at 10494.75, down 0.14% on the day. The volume in the stock stood at 155.82 lakh shares today, compared to the daily average of 279.26 lakh shares in last one month.

The benchmark November futures contract for the stock is quoting at Rs 173.5, down 0.55% on the day. Tata Steel Ltd jumped 22.62% in last one year as compared to a 10.77% rally in NIFTY and a 16.49% spurt in the Nifty Metal index.

The PE of the stock is 13.94 based on TTM earnings ending September 25.

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