When the entire market was in a red mark, Tata Steel took a big step that saw a tremendous boom in its shares. The company has given the company’s own subsidiary T Steel Holdings PTE. Ltd. I have purchased shares of ₹ 3,104 crore i.e. around 355 million USD. Tata Steel has bought 353.23 crore shares, whose face value is only $ 0.1005. This company was already a subsidiary of Tata Steel and will still be under the entire control of Tata Steel. Interestingly, Tata Steel is continuously increasing stake in this company – Feb 2024: ₹ 10,727 crore Aug 2024: ₹ 2,348 crore July 2025: ₹ 1,074 crore and now this new deal of ₹ 3,104 crore. As soon as the deal was announced, Tata Steel’s stock rose 2.88%, while Nifty 50 had a decline of more than 1% that day. Now the question is – will this Aggressive International Expaniation Strategy prove beneficial in the long term or will increase the risk? What do you think? Tell me in the comment!
Tata Steel’s Singapore Deal made a big bang! Shares also jumped in the falling market. Paisa Live
