Tata Steel Jumps 1.3% as Mega Expansion Plan Fuels Rally

l shares rose 1.3% to ₹164.25 on Thursday, emerging as one of the top Nifty 50 gainers, after the company unveiled an aggressive capacity expansion roadmap. Key highlights: NINL (Odisha) capacity to rise from 1 MTPA to 5.8 MTPA, with scope to reach 10 MTPA New 2.5 MTPA thin slab caster & rolling facility in Odisha Greenfield 6 MTPA integrated steel plant in Maharashtra with Lloyd Metals 0.7 MTPA advanced galvanising line for auto sector The stock is up 20% YTD, sharply outperforming Nifty’s 8.7% gain, with market cap at ₹2.05 lakh crore. Investors cheered the focus on volume growth, raw material security, and stronger western India presence.