'Add' Tata Steel Shares Maintains ICICI Securities, Revises Target Price - Here's Why

6 days ago 8

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ICICI Securities revises target price on Tata Steel, maintaining 'Add' call - check details.

12 Dec 2025, 01:26 PM IST i

12 Dec 2025, 01:26 PM IST

12 Dec 2025, 01:26 PM IST

<div class="paragraphs"><p>Tata Steel and Lloyds Metals MoU outline plans to jointly develop 6mntpa steel plant (potentially 3+3mntpa) in next five-six years.</p><p>(Photo: Tata Steel PR)</p></div>

Tata Steel and Lloyds Metals MoU outline plans to jointly develop 6mntpa steel plant (potentially 3+3mntpa) in next five-six years.

(Photo: Tata Steel PR)

Tata Steel is acquiring 50.01% (majority) stake in Thriveni Pellets Private Ltd. for a consideration of Rs 6.4 billion, making it a joint venture with Lloyds Metals and Energy (49.99% stake).

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