Tata Steel stock up 1.3% on major expansion, capex & green steel plans

• Tata Steel stock rose 1.3% today, making it a top Nifty gainer, driven by its extensive capex roadmap and strategic expansion plans.
• Plans include increasing Neelachal Ispat Nigam Ltd (NINL) capacity to 5.8 MTPA, with potential for 10 MTPA.
• New facilities: 2.5 MTPA thin slab caster in Odisha and a 700,000-tonne hot roll line in Maharashtra.
• Strategic partnership with Lloyd Metals and Energy in Maharashtra for a 6 MTPA greenfield steel plant and acquisition of nearly 50% in Triveni Pellets.
• Advancing decarbonisation efforts with a 1 MTPA Hisarna-based green steel facility in Jamshedpur.

Why It Matters: Tata Steel's expansion plans signal future growth and investor confidence.