Shares of Tata Steel Ltd. climbed sharply on Thursday after the company highlighted encouraging operational performance during its Annual General Meeting (AGM). The steel giant reported a 5% year-on-year increase in consolidated deliveries, reaching 30.96 million tonnes (MT) in FY25, and mined 40 MT of iron ore in India — reinforcing its strength in securing domestic raw material supply.
On the National Stock Exchange (NSE), Tata Steel’s stock rose as much as 1.75% to ₹168.70 apiece before trading 0.58% higher at ₹166.80 by 10:21 a.m. In comparison, the benchmark Nifty 50 index was up 0.32% during the same time.
Despite Thursday’s gains, Tata Steel shares remain down 5.34% over the past 12 months and 20.92% on a year-to-date basis. However, investor interest was evident as trading volume surged to 3.5 times the stock’s 30-day average turnover.
The uptick in Tata Steel’s stock price coincided with a broader rally in metal stocks. The Nifty Metal Index rose 1.1% intraday, outperforming the main indices, as global steel futures advanced on signs of recovery in China’s manufacturing sector and improving steel demand in Western economies — both of which boosted sentiment across the metal space.
Disclaimer:- The information in this article is based on factual data available as of July 3, 2025, and is intended for informational purposes only. It should not be considered as investment advice. Please consult a financial advisor before making any investment decisions.