Tata Steel Ltd

Tata Steel will hold a meeting of the Board of Directors of the Company on 12 May 2025.Powered by Capital Market - Live

Tata Steel Ltd rose for a third straight session today. The stock is quoting at Rs 144.61, up 1.78% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 0.32% on the day, quoting at 24383.6. The Sensex is at 80568.83, down 0.28%. Tata Steel Ltd has added around 11.69% in last one month. Meanwhile, Nifty Metal index of which Tata Steel Ltd is a constituent, has added around 9.15% in last one month and is currently quoting at 8600.15, down 0.42% on the day. The volume in the stock stood at 231.61 lakh shares today, compared to the daily average of 470.27 lakh shares in last one month. The benchmark May futures contract for the stock is quoting at Rs 145.22, up 1.91% on the day. Tata Steel Ltd is down 11.96% in last one year as compared to a 9.33% gain in NIFTY and a 4.52% gain in the Nifty Metal index.The PE of the stock is 11.34 based on TTM earnings ending December 24.Powered by Capital Market - Live

Tata Steel Ltd rose 4.98% today to trade at Rs 136.05. The BSE Metal index is up 3.22% to quote at 27538.07. The index is down 8.89 % over last one month. Among the other constituents of the index, Vedanta Ltd increased 4.28% and Jindal Steel & Power Ltd added 3.92% on the day. The BSE Metal index went down 7.78 % over last one year compared to the 0.63% fall in benchmark SENSEX. Tata Steel Ltd has lost 10.23% over last one month compared to 8.89% fall in BSE Metal index and 0.08% drop in the SENSEX. On the BSE, 1.81 lakh shares were traded in the counter so far compared with average daily volumes of 15.66 lakh shares in the past one month. The stock hit a record high of Rs 184.6 on 18 Jun 2024. The stock hit a 52-week low of Rs 122.6 on 13 Jan 2025.Powered by Capital Market - Live

The company's crude steel production in India was impacted by relining work at the 'G' blast furnace in Jamshedpur. However, on a year-on-year basis, it grew 2%. For the full financial year FY25, Indian operations produced 21.8 mt of crude steel, a 5% rise from FY24, supported by the commissioning of the country's largest blast furnace at Kalinganagar and improved output at Neelachal Ispat Nigam. Tata Steel India deliveries rose 5.86% QoQ to 5.6 million tons (MT) in Q4 FY25, aided by higher growth in domestic deliveries of around 9% QoQ. Full-year deliveries also touched an all-time high of 20.94 mt, up 5% from FY24. Segment-wise, Tata Steel's Automotive & Special Products vertical saw 10% QoQ growth in Q4, while branded products & retail deliveries rose 7% YoY for FY25 to 7 MT, led by Tata Tiscon, Tata Astrum, and Tata Steelium. Industrial Products & Projects grew 14% sequentially in Q4. Meanwhile, revenues from its e-commerce platform, Tata Steel Aashiyana, surged 60% YoY to Rs 3,550 crore, aided by enhanced reach as well as strategic initiatives to enhance consumer experience. In Europe, Tata Steel Netherlands saw FY25 production and deliveries increase to 6.7 mt and 6.2 mt respectively, as operations normalized post the relining of blast furnace #6. However, UK operations remained subdued with blast furnace closures since Q2FY25. UK deliveries dropped to 2.5 mt in FY25. Tata Steel Group is among the top global steel companies with an annual crude steel capacity of 35 million tonnes per annum. Tata Steel reported a 43.41% decline in consolidated net profit to Rs 295.49 crore in Q3 FY25 compared with Rs 522.14 crore in Q3 FY24. Revenue from operations fell 3.01% YoY to Rs 53,648.30 crore in Q3 FY25. Shares of Tata Steel declined sharply today as global trade uncertainties and growth concerns dampened investor sentiment. The U.S.'s 25% tariff on steel and aluminum, which remains unchanged, is expected to drive up domestic prices and affect global competitiveness.Powered by Capital Market - Live

Tata Steel Ltd fell 9.97% today to trade at Rs 126.45. The BSE Metal index is down 7.22% to quote at 26397.23. The index is down 12.66 % over last one month. Among the other constituents of the index, Steel Authority of India Ltd decreased 8.66% and Vedanta Ltd lost 7.87% on the day. The BSE Metal index went down 10.62 % over last one year compared to the 2.06% fall in benchmark SENSEX. Tata Steel Ltd has lost 16.56% over last one month compared to 12.66% fall in BSE Metal index and 2.17% drop in the SENSEX. On the BSE, 4.61 lakh shares were traded in the counter so far compared with average daily volumes of 12.4 lakh shares in the past one month. The stock hit a record high of Rs 184.6 on 18 Jun 2024. The stock hit a 52-week low of Rs 122.6 on 13 Jan 2025.Powered by Capital Market - Live

Tata Steel Ltd is up for a fifth straight session today. The stock is quoting at Rs 151.24, up 0.53% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is up around 0.14% on the day, quoting at 22577. The Sensex is at 74336.54, down 0%. Tata Steel Ltd has gained around 12.83% in last one month. Meanwhile, Nifty Metal index of which Tata Steel Ltd is a constituent, has gained around 6.7% in last one month and is currently quoting at 8888.65, up 0.34% on the day. The volume in the stock stood at 554.8 lakh shares today, compared to the daily average of 353.88 lakh shares in last one month. The benchmark March futures contract for the stock is quoting at Rs 151.44, up 0.5% on the day. Tata Steel Ltd is down 1.44% in last one year as compared to a 1.09% jump in NIFTY and a 8.1% jump in the Nifty Metal index.The PE of the stock is 12 based on TTM earnings ending December 24.Powered by Capital Market - Live

Tata Steel Ltd gained for a third straight session today. The stock is quoting at Rs 143.91, up 3.28% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 1.3% on the day, quoting at 22369.85. The Sensex is at 73855.47, up 1.19%. Tata Steel Ltd has risen around 8.58% in last one month. Meanwhile, Nifty Metal index of which Tata Steel Ltd is a constituent, has risen around 2.82% in last one month and is currently quoting at 8347.75, up 3.02% on the day. The volume in the stock stood at 342.38 lakh shares today, compared to the daily average of 317.29 lakh shares in last one month. The benchmark March futures contract for the stock is quoting at Rs 144.79, up 3.36% on the day. Tata Steel Ltd is down 5.07% in last one year as compared to a 0.46% drop in NIFTY and a 4.14% drop in the Nifty Metal index.The PE of the stock is 11.12 based on TTM earnings ending December 24.Powered by Capital Market - Live

Tata Steel (up 3.6%), Steel Authority of India (up 2.78%) and JSW Steel (up 2.35%) climbed. The move, aimed at tackling overcapacity, sparked positive sentiment among investors in Indian steel companies. While China indicated a commitment to promote restructuring of the steel industry through output reduction, it notably refrained from specifying any concrete reduction targets. China, the world's largest steel producer and consumer, is facing pressure to address oversupply issues. The restructuring initiative is seen as a potential catalyst for stabilizing global steel prices and improving market conditions for producers outside of China. Chinese steelmakers have been grappling with generating profits as a prolonged property downturn has hit domestic steel consumption and as the mounting trade frictions against cheap Chinese steel products have cast a shadow on its steel exports outlook this year. The Indian steel sector is anticipated to benefit from a potential decrease in Chinese steel exports, which could lead to increased demand for domestically produced steel. Powered by Capital Market - Live

The key equity benchmarks traded near flat line with positive bias in early trade. The Nifty traded above 22,550 mark. Consumer durables, media and IT shares declined while banking and metal stocks advanced. At 09:25 IST, the barometer index, the S&P BSE Sensex, advanced 56.45 points or 0.08% to 74,.658.57. The Nifty 50 index added 19.80 points or 0.09% to 22,567.35. In the broader market, the S&P BSE Mid-Cap index declined 0.02% and the S&P BSE Small-Cap index fell 0.58%. The market breadth was weak. On the BSE, 1,348 shares rose and 1,487 shares fell. A total of 183 shares were unchanged. Foreign portfolio investors (FPIs) sold shares worth Rs 3,529.10 crore, while domestic institutional investors (DIIs) were net buyers to the tune of Rs 3,030.78 crore in the Indian equity market on 25 February 2025, provisional data showed. Numbers to Track: The yield on India's 10-year benchmark federal paper advanced 1.58% to 6.812 as compared with the previous close of 6.700. In the foreign exchange market, the rupee edged lower against the dollar. The partially convertible rupee was hovering at 87,4050, compared with its close of 86.1900 during the previous trading session. MCX Gold futures for 4 April 2025 settlement were fell 0.10% to Rs 85,761. The US Dollar index (DXY), which tracks the greenback's value against a basket of currencies, was up 0.11% to 106.63. The United States 10-year bond yield advanced 0.75% to 4.281. In the commodities market, Brent crude for April 2025 settlement added 20 cents or 0.28% to $72.73 a barrel. Stocks in Spotlight: Tata Steel rose 0.88%, The company acquired 788,53,50,318 ordinary equity shares of face value $ 0.157 each aggregating to $1,238 million (Rs 10,726.85 crore) in T Steel Holdings (TSHP). Spicejet declined 3.40%. The company reported standalone net profit of Rs 24.96 crore in Q3 FY25 as compared with net loss of Rs 301.45 crore in Q3 FY24. Revenue from operations fell 35.33% to Rs 1231.06 crore in Q3 FY25 as compared with Rs 1,903.57 crore in Q3 FY24. Emcure Pharmaceuticals fell 1.10%. The company announced that the United States Food and Drug Administration (USFDA) had conducted a current good manufacturing practices (cGMP) inspection of the company's API manufacturing facility in Kurkumbh, Maharashtra. Global Markets: Most Asian shares declined on Thursday, influenced by a combination of Nvidia's earnings results and renewed US trade tariff concerns. Nvidia, a key player in the AI sector, reported strong quarterly figures, forecasting first-quarter revenue of $43 billion, exceeding expectations of $42.05 billion. However, a projected softer-than-expected gross margin, attributed to the Blackwell production ramp-up, led to a volatile after-hours trading session, with the stock fluctuating between gains and losses. This muted investor response followed a period of consistently high expectations. Adding to market unease, former President Donald Trump announced plans to impose 25% tariffs on the European Union and reiterated that tariffs on Mexico and Canada would take effect on April 2. Contradictory statements within his announcement created confusion and uncertainty among investors. These developments followed a flat close for U.S. stocks on Wednesday, which had already seen four consecutive days of losses. Concerns about a potential U.S. economic slowdown, reflected in weak consumer sentiment data, further contributed to the negative market sentiment. Specifically, the S&P 500 closed unchanged at 5,956.18 points, the NASDAQ Composite rose 0.3% to 19,075.26 points, and the Dow Jones Industrial Average fell 0.4% to 43,433.12 points. Investors are now awaiting key economic data, including fourth-quarter gross domestic product figures due Thursday and the Personal Consumption Expenditures (PCE) price index, the Federal Reserve's preferred inflation gauge, scheduled for Friday.Powered by Capital Market - Live

Securities in F&O Ban: Manappuram Finance shares are banned from F&O trading on 27 February 2025. Stocks to Watch: Tata Steel acquired 788,53,50,318 ordinary equity shares of face value $ 0.157 each aggregating to $1,238 million (Rs 10,726.85 crore) in T Steel Holdings (TSHP). Spicejet reported standalone net profit of Rs 24.96 crore in Q3 FY25 as compared with net loss of Rs 301.45 crore in Q3 FY24. Revenue from operations fell 35.33% to Rs 1231.06 crore in Q3 FY25 as compared with Rs 1,903.57 crore in Q3 FY24. Emcure Pharmaceuticals announced that the United States Food and Drug Administration (USFDA) had conducted a current good manufacturing practices (cGMP) inspection of the company's API manufacturing facility in Kurkumbh, Maharashtra. Caplin Point Laboratories' subsidiary, Caplin Steriles, has received final nod from the United States Food and Drug Administration for its Abbreviated New Drug Application for Brimonidine Tartrate and Timolol Maleate Ophthalmic Solution. Greenpanel Industries commissioned a new medium density fibreboard (MDF) plant at its existing unit in the Tirupati district (Andhra Pradesh), with an installed capacity of 2,31,000 cubic meters (CBM) per annum. KP Green Engineering signed a memorandum of understanding (MoU) with the New and Renewable Energy Department of Madhya Pradesh (MP) for setting up of various solar, wind, hybrid, BESS, and biomass-based projects in Madhya Pradesh. Avantel received a purchase order worth Rs 1.64 crore from Larsen & Toubro (L&T) for the supply of Satcom systems. TV Today Network signed a Memorandum of Understanding (MoU) with Creative Channel Advertising and Marketing for the proposed sale of FM radio broadcasting operations (comprising three FM radio stations in Mumbai, Delhi, and Kolkata under the frequency 104.8 FM) as a going concern, for Rs 20 crore. The sale is expected to be completed on or before January 2026.Powered by Capital Market - Live