Tata Steel Shares Jump 16% In 2025; Stock In Green After Port Talbot Update; Time To Buy?

Tata Steel shares have jumped around 16% since the beginning of the year 2025. The company scrip was trading in green on Wednesday, after another update to its £ 1.25 billion green steel project in Port Talbot in the United Kingdom.

Tata Steel shares opened at Rs 160.10 apiece on BSE. The stock was trading 0.75% higher at Rs 161.15 per share on BSE at 9:30 am with a market capitalisation of Rs 2,01,170.68 crore.

Tata Steel on Tuesday said that it had finalised Welsh engineering firm Systems Group for the first phase of the refurbishment of its two continuous casters in Port Talbot, South Wales in the UK.

The Maesteg-based Systems Group has been finalised to carry out critical structural work and pipework replacement on Port Talbot's two continuous casters on essential part of the steelmaking process, which is turning liquid steel from the Electric Arc Furnace into solid steel slabs.

Tata Steel shares closed 0.13% higher at Rs 159.95 per share on BSE on Tuesday. The stock had touched an intraday high mark of Rs 160.35 per share.

Tata Steel's Green Steel Ambition in the UK

The scheme is a key part of Tata Steel UK's GBP 1.25 billion transition to greener steelmaking. The life extension of the continuous casters will support the journey to sustainable low-CO2 steelmaking. The company is aiming to commission a new electric furnace (EAF) by the end of 2027.

The commissioning of EAF would help Tata Steel in reducing Port Talbot's carbon emissions by a whopping 90%, which is equivalent to 5 million tonnes of the CO2 per year.

"We are delighted to have been awarded this important contract by Tata Steel. As a local company, we are proud to play a role in helping secure the future of steelmaking in South Wales," said Ryan O'Neill, Managing Director at Systems Group.

Tata Steel's Port Talbot Plant

Tata Steel's ambitious project as part of its green steel production plant will not only support the region's economy, but it will also help in delivering cutting-edge, low-carbon steel production.

The refurbishment of two continuous casters in Port Talbot would help in delivering a cutting-edge, low-carbon steel production. The update would prove to be highly beneficial for Tata Steel's future in the UK, said Ian Ellis, Engineering Project Manager at Tata Steel.
"This work will ensure our existing casters are in the very best condition to handle steel from our new electric arc furnace in the volumes and qualities demanded by our customers," PTI quoted Ellis. With the finalisation of this deal, Tata Steel is now aiming to award further contracts in the coming months for additional electrical, mechanical and process control system upgrades.

Tata Steel Share Price Recommendation

Kotal Institutional Securities its July 2 report, maintained a 'Sell' rating for Tata Steel stock with a fair value price of Rs 135 per share. The brokerage had indicated a 16% downside in the stock valuation.

Anique Stock Brokerage has maintained a 'Buy' rating for the stock with a 3% upside in the stock valuation. The brokerage has indicated a 'buy' rating for the stock with a target price of Rs 165 per share.