Tata Steel stock on radar as new Ludhiana plant nears launch; details to knowTata Steel stock on radar as new Ludhiana plant nears launch; details to know

Introduction

Tata Steel to start Ludhiana plant in March with 0.75 MTPA capacity, ₹3,200 crore investment, and 2,500 expected jobs in Punjab.

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Share price movement of Tata Steel

On February 24, 2026, Tata Steel Ltd opened at ₹207.50, down 0.26% from its previous close of ₹208.05. The stock reached a high of ₹209.30 (0.60%) and a low of ₹206.80. By 11:31 AM, it traded at ₹208.30, a 0.12% increase, with a market cap of ₹2,60,030.11 crore.

Tata Steel Ludhiana Launch Soon

Tata Steel shares are expected to be in focus on February 24. Punjab Chief Minister Bhagwant Singh Mann said operations at the Ludhiana plant will begin in March.

The plant near HiTech Valley will include a 0.75 MTPA electric arc furnace-based steelmaking facility and a rebar mill. The project spans 115 acres in Ludhiana district area.

The initial investment of ₹2,600 crore has risen to ₹3,200 crore. The facility is expected to create around 2,500 jobs in Punjab during its initial phase of operations at launch.

The unit will use 100% steel scrap as raw material. Electric arc furnace technology reduces carbon emissions compared to traditional methods. It will be the company’s second-largest plant in India after Jamshedpur.

Stock performance of Tata Steel for period of 1 week, 6 months, and 1 year

Tata Steel Ltd delivered 2.49% return over the past week and gained 35.5% in the past six months. The stock rose 51.2% over the past one year.

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Shareholding pattern of Tata Steel

Particulars	Dec 2025	Sep 2025	Jun 2025
Promoter	33.20%	33.20%	33.20%
FII	17.50%	17.30%	17.20%
DII	27.60%	27.60%	26.70%
Public	21.70%	21.90%	22.80%

About Tata Steel

Tata Steel Ltd (NSE: TATASTEEL) is Asia’s first integrated private steel company, with operations across mining to finished steel products and 30 MnTPA capacity target.

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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.

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