Tata Steel shares rally over 3% on Rs 15,000 cr capital expenditure plan

Tata Steel announced a capital expenditure plan of Rs 15,000 crore for FY26, with 80% allocated to Indian operations. The investment will support projects in Kalinganagar, Ludhiana, and Port Talbot, UK. In Q4FY25, Tata Steel posted a 113% YoY rise in net profit to Rs 1,301 crore. The stock has gained over 12% in the past month.