Tata Steel Shares Surge 5% on Q4 Update, Trim Gains Later 📈🔽
- 📊 Q4 Update: Tata Steel’s India production volume for Q4FY25 stood at 5.51 million tonnes, up slightly from 5.40 million tonnes in Q4FY24. However, production fell from 5.69 million tonnes in Q3FY25.
- 🌍 International Performance:
- Netherlands: Production increased Y-o-Y to 1.63 million tonnes but decreased Q-o-Q.
- UK: Production from the Port Talbot plant was nil due to the closure of two blast furnaces.
- Thailand: Production remained steady at 0.31 million tonnes Y-o-Y and up from 0.26 million tonnes Q-o-Q.
- 📈 Steel Production & Deliveries:
- Tata Steel India’s crude steel production increased 5% YoY in FY25 to 21.8 million tonnes.
- Q4FY25 Deliveries: Tata Steel India deliveries reached 5.6 million tonnes, up 6% Q-o-Q and marking the “best ever” quarterly volumes.
- 🏗️ Sector Growth:
- Automotive & Special Products: Increased 10% Q-o-Q in deliveries.
- Branded Products & Retail: 7% YoY growth, with Tata Tiscon achieving the best-ever annual deliveries of 2.4 million tonnes.
- Industrial Products & Projects: 14% Q-o-Q growth.
- 📦 E-Commerce Growth: Revenue from Tata Steel Aashiyana, the platform for individual home builders, grew 60% YoY to ₹3,550 crore.
- 📉 Share Price Movement: Tata Steel shares surged 5.1% intraday, hitting a high of ₹136.25, before paring gains to ₹129.80, still 0.15% higher. Volume on the counter was higher than the two-week average.
Despite mid-session profit-taking, the update has fueled positive sentiment for Tata Steel. 🚀
