Tata Steel Rises as Capacity Plans Take Center Stage

As on 11 Dec 2025,

surged over 2.5% as the Board approved a 4.8 MTPA capacity expansion at Neelachal Ispat Nigam (NINL), marking Phase 1 of its long-products portfolio strengthening. The company also cleared plans for a 0.7 MTPA Hot Rolled Pickling and Galvanizing Line at the Tarapur Cold Rolling Complex in Maharashtra. Another key update was the Board’s approval to acquire a 50.01% stake in Thriveni Pellets (TPPL) for ₹636 crore. Notably, the stock had posted five consecutive negative weekly closes, and this week too began with weakness. Today, however, it marked its second consecutive positive daily close, reflecting a shift from the earlier pressure. 📌 Disclaimer: This content is for information only and not investment advice. Investments in securities market are subject to market risks. Read all the related documents carefully before investing. AI may have been used for grammatical and sentence-structure refinement. Please consult a SEBI-registered advisor before making any investment decisions.