Shares of were trading marginally lower on the on Monday morning, down 0.05 per cent at ₹173.72 as of 11.44 AM, after opening higher at ₹174.80. The stock touched an intraday high of ₹177.25 before paring gains, with sell orders outweighing buys — 63.56 per cent of the order book was on the sell side versus 36.44 per cent on the buy side. Traded volume stood at 186.42 lakh shares worth ₹326.77 crore.
The stock is in focus after the government released the draft National Steel Policy Vision 2047 for stakeholder consultation over the weekend. The policy targets crude steel production capacity of 604 million tonnes, per capita consumption of 302 kg, and exports of 45 million tonnes by 2047 — roughly double the goals set under the existing National Steel Policy 2017.
The draft emphasises high-value steel production, technological upgrades, raw-material security for iron ore and coking coal, and environmentally sustainable operations — areas aligned with Tata Steel’s stated business priorities.
Despite the policy tailwind, the stock remains under pressure on the day. Tata Steel’s shares are down over 4 per cent in the past month and nearly 4 per cent year-to-date, though they have gained about 0.66 per cent over the past year. The 52-week high stands at ₹224.40, hit in May 2026, while the 52-week low of ₹160.06 was recorded in December 2025.
