Try GOLD - Free

Tata Steel soars, but EU's a risk

Mint Hyderabad

|

October 07, 2025

Weighed down Tata Steel's European operations have been a drag on its consolidated financials.

- Ananya Roy feedback@livemint.com

Riding a broad metals rally, Tata Steel Ltd has more than quadrupled investor wealth over the past five years. Industry tailwinds pushed the stock to a fresh 52-week high of ₹174.74 on 3 October.

Optimism around potential US rate cuts, which could weaken the dollar and benefit commodities, including steel, has bolstered sentiment. Further support is expected from anticipated import tariffs in Europe and a long-overdue reduction in China's steel output, which should lift realizations and margins.

This comes at a critical juncture for the steel major, whose consolidated Ebitda margin has compressed to 12% in FY25 from 26% in FY22. While margins rebounded to 14% in QIFY26, Tata Steel's European operations continue to weigh on consolidated financials. By contrast, QIFY26 standalone Indian business posted a robust margin of 23.4%.

MORE STORIES FROM Mint Hyderabad

Mint Hyderabad

America's soybean farmers are panicking over the loss of Chinese buyers

China hasn't booked any U.S. soybean purchases in months; farmers warn of 'bloodbath'

time to read

4 mins

October 09, 2025

Mint Hyderabad

Skoda Auto India plans EV launch

Skoda Auto India, part of the Volkswagen group, is evaluating the launch of electric car in the country with localised supplier base, an official said on Wednesday.

time to read

1 min

October 09, 2025

Mint Hyderabad

Mint Hyderabad

VALUATIONS REVERT TO THE MEAN, BUT THE MEAN IS ALWAYS A MOVING TARGET

In investing, mean reversion is the idea that asset valuation ratios tend to move towards their historical averages over time.

time to read

3 mins

October 09, 2025

Mint Hyderabad

Gold zooms past $4,000 for first time

Gold raced past $4,000 an ounce for the first time on Wednesday as investors piled into a record-breaking rally in the safe-haven asset to hedge against global economic uncertainty.

time to read

1 min

October 09, 2025

Mint Hyderabad

Mint Hyderabad

Fintechs must design for all, says RBI governor

increase transparency and awareness in consent management and data sharing under the account aggregator framework,\" he said.

time to read

1 mins

October 09, 2025

Mint Hyderabad

Mint Hyderabad

PM backs Make in India for chips, mobiles, electronics

Prime Minister Narendra Modi on Wednesday renewed his pitch for Make in India across sectors, from mobiles to semiconductors and electronics, saying the government is accelerating the pace of reforms, offering the best investment opportunities.

time to read

2 mins

October 09, 2025

Mint Hyderabad

Mint Hyderabad

Trump wants to overhaul drug sales. A company tied to his son stands to benefit.

The country’s top drugmakers are set to meet in early December at the Four Seasons hotel in Georgetown with Donald Trump Jr. and senior Trump administration officials that regulate the pharmaceutical industry.

time to read

4 mins

October 09, 2025

Mint Hyderabad

Gold hits a new high

Gold seems to be on an unstoppable uprun.

time to read

1 min

October 09, 2025

Mint Hyderabad

SBI eyes deal finance on home turf as Indian banks may get an entry

Having financed India Inc.’s overseas buyouts for long, State Bank of India (SBI) sees itself ready to underwrite mergers and acquisitions (M&As) at home, as the Reserve Bank of India (RBI) considers opening that door for domestic lenders.

time to read

2 mins

October 09, 2025

Mint Hyderabad

Has TaMo priced in worst of JLR?

Tata Motors Ltd is gearing up for its long-awaited demerger.

time to read

2 mins

October 09, 2025

Listen

Translate

Share

-
+

Change font size