Tata Steel

Tata Steel's overseas debt stood at ₹ 16,629 crore at the end of FY26, amounting to 18% of the company's total borrowings of ₹ 92,382 crore, a company spokesperson told Mint. The figure includes both term debt and working capital borrowings across the company's businesses.

The miner's Congo copper assets and Papua New Guinea ambitions are central to a strategy aimed at reducing reliance on a single commodity and geography, with the business expected to generate ₹ 500-700 crore in Ebitda in FY27.

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The company looks to buy out its existing joint venture partners wherever possible to merge all steelmaking operations under one company.

The Tata Group stock opened at ₹ 211 apiece today, as compared to previous close of ₹ 216.84 on Friday. Tata Steek share price touched an intraday low of ₹ 207.50 per share on 18 May.

Stock market today: The Indian stock market is likely to snap its gaining streak as trends in the Gift Nifty index signalled a negative opening on Monday. Amid this backdrop, these stocks will remain in focus on 18 May.

Tata Steel closed FY26 with a 6% revenue rise to ₹ 2.32 trillion and a threefold jump in net profit, driven by strong volumes and firm steel prices.

Tata Steel Q4 Results: The profit after tax (PAT) stood at ₹ 2,965 crore as against ₹ 1,200.88 crore in the same period a year ago.