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Tata Steel to acquire 50% stake in Thriveni Pellets for ₹636 crore

pre-market1 source ↓written by the desknot a recommendation

as part
₹636 crore
in Odisha
4-million-ton pellet plant
Odisha
212 km slurry pipeline

Tata Steel will acquire just over 50% of Thriveni Pellets for ₹636 crore as part of its expansion strategy. Thriveni operates a 4-million-ton pellet plant in Odisha and a 212 km slurry pipeline. This acquisition secures a crucial pellet-making facility for Tata Steel in India, enhancing its operational capabilities.

The deal underscores Tata Steel's commitment to strengthening its supply chain for iron ore pellets, essential for blast furnaces. It also positions the company for future growth in the steel sector.

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, 07:03 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 07:03 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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