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Tata Steel shares rise on capex plans and JPMorgan endorsement

market hours1 source ↓written by the desknot a recommendation

at NINL
4.8 mtpa
facility in Odisha
2.5 mtpa
line in Maharashtra
0.7 mtpa
in Thriveni Pellets
50.01% stake
Thriveni Pellets
₹636 cr

Shares of Tata Steel Ltd. rose nearly 2% on 11 Dec 2023 after announcing significant capex plans. The company aims to increase capacity at NINL by 4.8 mtpa, establish a 2.5 mtpa facility in Odisha, and set up a 0.7 mtpa line in Maharashtra. Additionally, Tata Steel acquired a 50.01% stake in Thriveni Pellets for ₹636 cr.

Not investment advice. For informational purposes only.

OI Charts is not a SEBI-registered investment adviser or research analyst. This bulletin was written by the OI Charts desk from the public sources listed here. It is commentary on market conditions, not a basis for any investment decision and not a recommendation to buy or sell any security. Prices as of 12 Dec 2025, 10:16 IST.

Sourcesnews.google.com

Read inENहिंతెमराதગુ

The market after the news

TATASTEEL closed +3.3% on the day of the news, from ₹166.38 to ₹171.89; Nifty +0.6% over the same session; futures OI −3.5%.

Bulletin at 10:16 IST on 12 Dec 2025. Every change is measured from ₹166.38, the last close before it, on 11 Dec. Nifty 50 is measured over the same sessions.

  • TATASTEEL close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
  • futures OI, lots
TATASTEEL closes around the bulletin against the close before the news, with Nifty 50 rebased to it148.14166.38184.62axis spans 25%before the news · 11 Dec166.38Nifty 50TATASTEELbulletinD0+1+3+55 Dec17 Dec29 DecFutures open interest, lotspeak 52,000Reference close ₹166.38. 16 sessions from 5 Dec to 29 Dec; the price axis spans 25 percent.
price axis fixed at 4 × the 14-session true range around the close before the news · values printed at each marked session
Closes after the news against the close before it, with Nifty 50 over the same span
SessionClose ₹Change %Nifty %
Before11 Dec₹166.38basebase
On the day12 Dec₹171.89▲ +3.3%▲ +0.6%+2.7 pp difference
+1 session15 Dec₹172.87▲ +3.9%▲ +0.5%+3.4 pp difference
+3 sessions17 Dec₹170.34▲ +2.4%▼ −0.3%+2.7 pp difference
+5 sessions19 Dec₹168.69▲ +1.4%▲ +0.3%+1.1 pp difference
Gap at the open, % · ₹
▲ +0.7%+1.21 on 12 Dec
Day's range, % · ₹
3.1%≈ 5.1 high to low
Volume on the day
1.84×the 20-session average
Futures OI on the day
▼ −3.5%−1,800 lots · short covering · price +3.3%
Futures OI open, lots
49,00012 Dec · 30 Dec expiry
Futures premium, ₹
+0.33+0.2% to spot
Puts per call, by OI
0.62from 0.50 the session before
Max pain
170from 170 the session before

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