Highlights

• Tata Steel stock closed at ₹214.22, up 2.43% on 25 Feb, reflecting bullish market activity.
• India operations achieved record quarterly deliveries of 6.04 million tons of steel in Q3FY26.
• Net debt reduced to ₹81,834 crores, with group liquidity at ₹44,062 crores as of Dec 2025.

Tata Steel (NSE:TATASTEEL) witnessed a notable intraday rally, opening at ₹210.10 and reaching a high of ₹216.45 According to NSE data. The stock closed at ₹214.22, marking a 2.43% increase from its previous close of ₹209.13. The intraday low of ₹209.40 suggested solid support near the prior close. Trading volume stood at 48,873,839 shares, indicating heightened investor engagement.

Tata Steel’s stock performance has shown steady gains: 2.21% past 5 days, 11.41% past month, 34.20% past six months, 17.77% year-to-date, and 56.29% over the past year, closing at ₹214.22 on 25 Feb 2026.

Consolidated Financials
For 9MFY26, Tata Steel reported consolidated revenues of ₹1,68,870 crores, with EBITDA of ₹24,894 crores, reflecting a 31% YoY improvement. In India, revenues were ₹1,01,648 crores with EBITDA of ₹24,431 crores (24% margin, up 12% YoY). Overseas, the Netherlands recorded €4,424 million revenues and €210 million EBITDA, while the UK posted £1,509 million revenues with an EBITDA loss of £170 million, improving 44% YoY.

Quarterly Highlights (Q3FY26):

• India: ₹35,725 crores revenues, ₹8,291 crores EBITDA (23% margin), deliveries up 14% YoY.
• Netherlands: €1,354 million revenues, €55 million EBITDA, 1.68 million tons liquid steel produced.
• UK: 0.52 million tons deliveries, EBITDA loss of £63 million.

Capital Expenditure and Debt
Tata Steel invested ₹3,291 crores in Q3FY26 and ₹10,370 crores in 9MFY26. Net debt fell by ₹5,206 crores QoQ to ₹81,834 crores. Group liquidity remained strong at ₹44,062 crores, including cash of ₹10,765 crores.

Strategic Developments
The Board reaffirmed long-term growth strategy for India, focusing on volume growth, value-added downstream products, mining and infrastructure, and sustainable steel technologies. Tata Steel consolidated its stake in Tata Steel Colors Pvt Ltd and acquired a 50.01% stake in Thriveni Pellets Pvt Ltd to strengthen the raw material portfolio.

Management Comments:

• CEO T.V. Narendran highlighted record India deliveries, 20% YoY growth in automotive volumes, and expansion of retail and e-commerce channels.
• CFO Koushik Chatterjee emphasized cost discipline, EBITDA margin expansion (~300 bps YoY), and strategic capital allocation to balance growth and returns.

Tata Steel (NSE:TATASTEEL) rose 2.43% intraday to ₹214.22, driven by strong India deliveries and investor interest. Q3FY26 India operations achieved record 6.04 million-ton steel deliveries with 23% EBITDA margin. Overseas units showed mixed performance, with Netherlands positive and UK losses reduced. Net debt fell to ₹81,834 crores, maintaining liquidity at ₹44,062 crores.

FAQs

Q1: What drove Tata Steel’s share price increase on 25 Feb 2026?
Strong India deliveries, positive sector trends, and active market participation contributed to the rise.

Q2: How did Tata Steel perform in Q3FY26 India operations?
India operations reported ₹35,725 crores revenue, ₹8,291 crores EBITDA, and record 6.04 million-ton deliveries.

Q3: What is Tata Steel’s current debt and liquidity position?
Net debt stands at ₹81,834 crores, with group liquidity of ₹44,062 crores, including ₹10,765 crores cash.