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Tata Steel Share Price in Focus; Gains for the 2nd Straight Day on March 17, 2025

Written by: Neha DubeyUpdated on: Mar 17, 2025, 11:34 AM IST
Tata Steel shares gained for the second consecutive day on March 17, 2025, as investor sentiment remained positive amid strong market trends and sector growth.
Tata Steel Share Price in Focus; Gains for the 2nd Straight Day on March 17, 2025
ShareShare on 1Share on 2Share on 3Share on 4Share on 5

The uptick in Tata Steel’s share price today added to the gains of around 0.4% recorded in the previous session, reflecting continued investor interest. The stock rose 0.58% to ₹151.76 at 11:30 AM on the NSE, reaching an intraday high of ₹152.64 after opening at ₹151.99. It touched an intraday high of ₹152.64, and a low of ₹150.90 before stabilising

Positive Catalysts and Growth Potential

Recent developments, including potential funding for infrastructure projects in Germany and a notable increase in steel price spreads, are set to contribute positively to the company’s performance, as per news reports.

Tata Steel Increases Investment in Offshore Subsidiary

Tata Steel Limited has announced the acquisition of 78.85 billion ordinary equity shares in its wholly owned subsidiary, T Steel Holdings Pte. Ltd. (TSHP), for USD 1,238 million (₹10,726.85 crore), the company said in a press release on the stock exchanges.

The Singapore-based entity serves as an investment holding company for Tata Steel’s overseas businesses. The funds will be used primarily to repay external debt in offshore subsidiaries and support the restructuring of Tata Steel UK Limited.

This strategic investment reinforces Tata Steel’s commitment to financial restructuring and long-term global operations.

Conclusion

Tata Steel’s strategic investment in its offshore subsidiary reflects a proactive approach to financial restructuring and long-term global expansion. Additionally, positive industry developments, such as infrastructure funding in Germany and rising steel price spreads, are expected to support future earnings.

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Published on: Mar 17, 2025, 11:34 AM IST

Neha Dubey

Neha Dubey is a Content Analyst with 3 years of experience in financial journalism, having written for a leading newswire agency and multiple newspapers. At Angel One, she creates daily content on finance and the economy. Neha holds a degree in Economics and a Master’s in Journalism.

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