Tata Steel Top Nifty Gainer: Big Expansion & Strategic Deals Drive Surge

• Tata Steel shares surged over 2% today, becoming a Nifty 50 top gainer, driven by extensive capital expenditure plans and strategic initiatives.
• The company plans to expand its NINL unit capacity from 4.8 MTPA to 5.8 MTPA, with future potential up to 10 MTPA.
• New facilities include a 2.5 MTPA thin-slab caster in Odisha and a 7 lakh-ton hot-roll pickling line in Maharashtra.
• Tata Steel formed a strategic partnership with Lloyd Metals & Energy for a new 6 MTPA greenfield steel plant in Maharashtra.
• The company acquired ~50% stake in Triveni Pellets for ~₹630 crore and is building a 1 MTPA hydrogen-based green steel plant in Jamshedpur for decarbonization.

Why It Matters: Tata Steel's strategic expansion and partnerships are boosting its stock and investor confidence.