Corporate Actions
Tata Steel slides amid reports of fire at Port Talbot Facility

05-Jun-26   15:27 Hrs IST
According to media reports, the fire erupted at around 8:00 p.m. local time on one of the steelworks' processing lines, sending thick black smoke into the surrounding area. All employees were safely evacuated, and no injuries were reported. Firefighters continued efforts on Thursday to fully extinguish the blaze.

Media reports further stated that the incident was not related to the demolition of an empty gas holder, which took place earlier on Wednesday evening.

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

The steelmaker reported a 124.9% surge in consolidated net profit to Rs 2,925.74 crore on 12.53% jump in income from operations to Rs 62,687.31 crore in Q4 FY26 over Q4 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.