back-office Open An Account
partner-with-us Partner with Us
Corporate Actions
Tata Steel gains on launch of scrap-based electric arc furnace

20-Mar-26   13:50 Hrs IST
The plant, built with an investment of around Rs 3,200 crore, has a capacity of 0.75 million tonnes per annum and is designed to achieve carbon emissions of less than 0.3 tonne per tonne of steel. The facility will use 100% steel scrap as raw material and is expected to operate with nearly 50% renewable energy.

The new unit will produce construction-grade steel rebar under the Tata Tiscon brand, strengthening the company's presence in the construction segment.

The development aligns with Tata Steel's long-term goal of achieving net-zero emissions by 2045, while also supporting its broader strategy of adopting low-carbon and circular economy-driven technologies.

Tata Steel group is among the top global steel companies with an annual crude steel capacity of 35 million tonnes per annum.

The company reported a sharp 723.14% jump in consolidated net profit to Rs 2688.70 crore on 6.4% increase in revenue from operations to Rs 56,646.05 crore in Q3 FY26 over Q3 FY25.

Powered by Capital Market - Live News

Attention Investors: Stock Brokers can accept securities as margin from clients only by way of pledge in the depository system w.e.f. September 1, 2020. || Update your mobile number & email Id with your stock broker/depository participant and receive OTP directly from depository on your email id and/or mobile number to create pledge. || Pay 20% upfront margin of the transaction value to trade in cash market segment. || Investors may please refer to the Exchange's Frequently Asked Questions (FAQs) issued vide circular reference NSE/INSP/45191 dated July 31, 2020 and NSE/INSP/45534 dated August 31, 2020 and other guidelines issued from time to time in this regard. || Check your Securities /MF/ Bonds in the consolidated account statement issued by NSDL/CDSL every month.|| KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary.|| No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account.