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Tata Steel acquires 50.01% stake in Thriveni Pellets

Tata Steel completed the acquisition of a 50.01% stake in Thriveni Pellets for ₹635.13 crore, enhancing its operational capabilities in the iron ore supply chain. This acquisition was approved by the Competition Commission of India.

pre-market1 source ↓written by the desknot a recommendation

in Thriveni Pellets
50.01% equity stake
Private Limited
₹635.13 crore
from Thriveni Earthmovers
90,06,801 shares

Tata Steel has completed the acquisition of a 50.01% equity stake in Thriveni Pellets Private Limited for ₹635.13 crore. This acquisition includes 90,06,801 shares from Thriveni Earthmovers, making both Thriveni Pellets and Brahmani River Pellets subsidiaries of Tata Steel. This move strengthens Tata Steel's position in the pellet production sector.

The acquisition, approved by the Competition Commission of India, enhances Tata Steel's operational capabilities in the iron ore supply chain, potentially impacting its production costs and margins.

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 31 Jan 2026, 07:03 IST.

Sourcesnews.google.com

Read inENहिंతెमराதગુ

The market after the news

TATASTEEL closed −4.0% on the day of the news, from ₹193.13 to ₹185.38; Nifty −2.0% over the same session; futures OI −0.4%.

Bulletin at 07:03 IST on 31 Jan 2026. Every change is measured from ₹193.13, the last close before it, on 30 Jan. 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 it171.96193.13214.30axis spans 25%before the news · 30 Jan193.13Nifty 50TATASTEELbulletinD0+1+3+523 Jan4 Feb13 FebFutures open interest, lotspeak 50,000Reference close ₹193.13. 16 sessions from 23 Jan to 13 Feb; 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 %
Before30 Jan₹193.13basebase
On the day1 Feb₹185.38▼ −4.0%▼ −2.0%−2.0 pp difference
+1 session2 Feb₹188.51▼ −2.4%▼ −0.9%−1.5 pp difference
+3 sessions4 Feb₹195.40▲ +1.2%▲ +1.8%−0.6 pp difference
+5 sessions6 Feb₹197.06▲ +2.0%▲ +1.5%+0.6 pp difference
Gap at the open, % · ₹
▼ −2.2%−4.33 on 1 Feb
Day's range, % · ₹
4.9%≈ 9.5 high to low
Volume on the day
0.83×the 20-session average
Futures OI on the day
▼ −0.4%−180 lots · long unwinding · price −4.0%
Futures OI open, lots
46,0001 Feb · 24 Feb expiry
Futures premium, ₹
+0.71+0.4% to spot
Puts per call, by OI
0.76from 0.83 the session before
Max pain
190from 191 the session before

Source NSE UDiFF bhavcopy · TATASTEEL on the desk →

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