Shares of Tata Steel gained on Wednesday after the company reported strong provisional production and delivery volumes for the fourth quarter and full year FY2026.

The stock settled 3 per cent positive at ₹204.18, after hitting an intraday high of ₹206.40 from its previous close of ₹198.13.

Tata Steel reported its annual crude steel production in India at 23.48 MT in FY26, registering an increase of 8 per cent year-on-year. The growth was primarily driven by the ramp-up at its Kalinganagar plant, partially offset by the shutdown of the ‘G’ blast furnace at Jamshedpur for relining.

On a quarterly basis, crude steel production stood at 6.25 MT in the fourth quarter, up from 5.44 MT in the year-ago period, reflecting a 15 per cent year-on-year rise.

Deliveries remained in line with production growth, with annual deliveries in India reaching a record 22.53 MT. Notably, domestic deliveries crossed 20 MT for the first time, highlighting the company’s strong market presence. In the March quarter, deliveries rose 10 per cent year-on-year, marking the highest-ever quarterly volumes.

Among segments, the automotive and special products vertical recorded its best-ever annual deliveries of around 3.4 MT, supported by a shift towards high-end products, which grew 11 per cent year-on-year. The branded products and retail segment also achieved record volumes of about 7.3 MT, driven by steady performance of established brands.

The industrial products and projects vertical reported deliveries of approximately 7.2 MT, aided by value-accretive segments, including engineering applications such as defence and shipbuilding.

On the international front, Tata Steel Netherlands reported liquid steel production of about 6.7 MT and deliveries of around 6.1 MT in FY26, with fourth-quarter deliveries rising 21 per cent quarter-on-quarter to 1.7 MT. The UK business delivered 2.2 MT during the year, impacted by subdued market conditions, while operations continue to transition towards a 3 MTPA electric arc furnace at Port Talbot.

Tata Steel Thailand posted saleable steel production of 1.33 MT and deliveries of 1.32 MT, with deliveries increasing 11 per cent year-on-year, supported by strong domestic rebar demand.

The strong operational performance across domestic and key international markets lifted investor sentiment, driving the stock higher in early trade.

Published on April 8, 2026