Tata Steel share price closed at Rs 163.10 on Friday. The stock has closed at 6 months high and we can expect further momentum in the steel major. The stock is currently looking positive on technical charts and we have seen a strong rally from Rs 130 levels seen a few weeks ago. Tata Steel has also reported strong quarterly numbers and short term investors can expect positive returns from the stock.

Tata Steel has embarked on a bold expansion of its Kalinganagar facility in Odisha, marking a pivotal moment for both the company and the state’s industrial trajectory. With a capital infusion of Rs 27,000 crore, the steelmaker plans to increase its crude steel production capacity from 3 million tonnes (MT) to 8 MT annually. This second-phase project not only reinforces Odisha’s strategic importance in Tata Steel’s portfolio but also aligns with the company's broader ambition to expand its global footprint. The firm’s recent financial performance and international investment signals aggressive forward momentum.

Massive Expansion Plan at Kalinganagar

Tata Steel has launched the second phase of its Kalinganagar facility in Jaipur district, Odisha, with an ambitious target of ramping up its annual crude steel output from 3 MT to 8 MT. With an investment commitment of Rs 27,000 crore, this development marks Odisha as the largest investment destination for the company. The move underscores Tata Steel’s confidence in the state’s infrastructure, resource availability, and industrial ecosystem.

Focus on Advanced High-Strength Steel and Strategic Sectors

The enhanced plant will emphasize manufacturing of advanced high-strength steel, tailored to serve sectors like automotive, defence, infrastructure, shipbuilding, and power. This strategy is in line with India’s push for self-reliance in key industrial sectors and caters to the rising domestic demand for specialized steel products.

Leadership Presence at Project Launch

The inauguration of the second-phase expansion was led by Odisha Chief Minister Mohan Charan Majhi. Tata Steel CEO and Managing Director T.V. Narendran, along with senior state officials and members of the local community, attended the ceremony. The company reinforced its commitment to regional development, highlighting Kalinganagar not just as a production hub but as a collaborative industrial ecosystem.

Strong Q4FY25 Earnings Beat Market Estimates

Tata Steel reported a consolidated net profit of Rs 1,201 crore for the quarter ending March 2025, outstripping analyst estimates of Rs 1,062 crore. This more than doubles the net profit of Rs 555 crore recorded in the corresponding quarter last year. Revenue from operations stood at Rs 56,218 crore, down 4.2% year-on-year but up 5% from Rs 53,648 crore in Q3FY25, indicating a sequential recovery.

Global Strategy: $2.5 Billion Investment in Singapore-Based Subsidiary

To advance its international strategy, Tata Steel announced plans to invest up to $2.5 billion into its wholly owned subsidiary, T Steel Holdings Pte Ltd, based in Singapore. This move is part of Tata Steel’s broader plan to enhance its overseas operational base, diversify its revenue streams, and better position itself in key global markets.

CEO’s Vision: A Model of Collaborative Industrialization

During the event, T.V. Narendran described Kalinganagar as a symbol of synergy between community, government, and industry. He stated, “Kalinganagar is more than a manufacturing site for us. It symbolises what is possible when communities, government, and industry work together.” This sentiment encapsulates the company’s philosophy of inclusive growth and sustainable development.

Strategic Expansion Meets Strong Fundamentals

With a robust domestic expansion strategy, significant global investments, and an improving earnings trajectory, Tata Steel is positioning itself as a leader in the next phase of industrial development in India and beyond. The Kalinganagar project not only boosts capacity but also reflects the company’s belief in building resilient and future-ready infrastructure. As Tata Steel deepens its footprint in Odisha and expands abroad, it sets a formidable benchmark for Indian manufacturing giants navigating the global economy.