Tata Steel share price today

Tata Steel Ltd's share price was ₹179.93 at the close on 4 November 2026. It has been falling for 8 weeks. That is 3.1% below its average price over the last 200 trading days. In the last 52 weeks it traded between ₹167 and ₹217, and at that close it sat 26% of the way up from that low.

A share price tends to move through four phases: moving sideways (stage 1), rising (stage 2), stalling near a high (stage 3) and falling (stage 4). Today Tata Steel Ltd is in stage 4. The phase helps read everything below.

Over the past 13 weeks it has done better than the NIFTY 500, and it has stayed ahead for 1 week in a row.

Over the last 11 years the share price moved +660% while the NIFTY 500 moved +257%, so it is ahead of the index over that whole period. The chart above shows the 13-week comparison for every week.

This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row.

Two changes stood out: profit up on a year earlier for 6 quarters in a row and revenue up on a year earlier for 4 quarters in a row.

1. Profit up on a year earlier for 6 quarters in a row

   In the June 2026 quarter profit was ₹2,385 crore, +18.8% on a year earlier.

   Why: Profit rose because India earned more from better steel prices and a richer product mix, which more than offset lower output.

   Next results: check whether India still earns more overall even though steel prices are set to fall.

   From the earnings call on 31 Jul 2026.

2. Revenue up on a year earlier for 4 quarters in a row

   In the June 2026 quarter revenue was ₹60,794 crore, +14.3% on a year earlier.

   Why: Revenue rose because the company sold more high value steel products in India, with automotive and specialty volumes at a record for a first quarter.

   Next results: check whether lower steel prices in India pull revenue down.

   From the earnings call on 31 Jul 2026.

For April to June 2026 (the quarter ended 30 June 2026), Tata Steel reported revenue of ₹60,794 crore, up 14.3% from ₹53,178 crore a year earlier, and a profit of ₹2,385 crore, up 18.8% from ₹2,007 crore.

Tata Steel results: April to June 2026 against a year earlier

The next results, for July to September 2026, are due by 14 November 2026: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter).

Tata Steel's management discussed these results on a call held on 31 July 2026; what it said is further down this page.

From the company's reported quarterly results (quarter ended 30 June 2026). Revenue and profit in ₹ crore.

Tata Steel closed at ₹179.93 on 4 November 2026, down 0.8% from ₹181.37 a year earlier (7 November 2025) and up 35.7% over five years. Its highest weekly close since February 2016 was ₹216.84 on 15 May 2026.

Tata Steel share price: then and now

Weekly closing prices, adjusted for splits and bonuses so every price is on today’s share count. Each change is the move from that price to the 4 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes.

564 weekly closes from 26 February 2016 to 4 November 2026.

4 Nov 2026: Tata Steel closed at ₹179.93, up 7.4% on the week and up 1.1% on the month. 31 Jul 2026: Tata Steel held its results call for April to June 2026. Management guided: Q2 India NSR about ₹1,500 per ton below Q1; India Q2 operating profit in rupee crores expected higher despite margin compression from additional volume.

Earlier

• Results for April to June 2026: Revenue up 14.3% and profit up 18.8% on a year earlier.
• 12 Jun 2026: ex-date for a dividend of ₹4 a share.

Tata Steel paid ₹4 a share in regular dividends in the 12 months to 5 November 2026 (1 payment), a yield of 2.22% at the ₹179.93 close on 4 November 2026. The last was a dividend of ₹4 a share, ex-date 12 June 2026.

Tata Steel dividends since 1 April 2021

Amounts as the company declared them on the NSE. A dividend goes to whoever owns the shares before the ex-date. The record date is the same day as the ex-date for every payment here.

Yes. Tata Steel Ltd paid out 46% of its profit as dividends in FY26, and it paid a dividend in 9 of its last 13 reported years. 4 of those years show a negative figure because profit itself was negative.

From the NSE corporate-actions record, read 5 November 2026.

On the call for April to June 2026, held on 31 July 2026, Tata Steel's management guided: Q2 India NSR about ₹1,500 per ton below Q1; India Q2 operating profit in rupee crores expected higher despite margin compression from additional volume.

“We will not move forward until we have clarity on many of these issues.”Koushik Chatterjee, on the call for April to June 2026

What management guided

• UK Q2 prices expected up 70-80 pounds per ton on the previous quarter; second-half operating profit remains on course toward near break-even, potentially slipping to Q3 or Q4.
• Netherlands Q2 prices guided up about 10 euros per ton and Q2 volumes and operating profit expected better than Q1, though below desired levels.
• Q2 coking coal consumption cost about $184 per ton in India, with increases of about $5 per ton in India and $10 per ton in the Netherlands versus Q1.
• The Netherlands DSP will run an extended 4-week trial from August 5; results are expected to support continued production permission, subject to regulatory approval. UK operations are planned to normalize by Q3 or Q4 after the fire.

Management’s own plans and goals, from our notes of the call. A plan is not a result.

Source: the call transcript.

From the call for April to June 2026, 31 July 2026.

When Tata Steel reports July to September 2026, these are the 4 checks that show whether the story is still on course. First: India Q2 NSR to track about ₹1,500 per ton below Q1 while absolute India operating profit is expected to improve despite margin compression.

Tata Steel is on 4 of our India lists: Nifty 50 companies, 52 week high & low, Dividend stocks and Copper & metal stocks.

Tata Steel Ltd earned ₹2,385 Cr of net profit in the Jun 2026 quarter, +18.8% on the same quarter a year earlier. That is the 6th quarter in a row of profit growth. Full-year FY26 profit was ₹10,886 Cr. That is 3.9% of the quarter's revenue. The same quarter a year earlier earned ₹2,007 Cr.

Net profit is what is left after every cost, interest and tax. Earnings per share, dividends and book value all grow from it.

1 of the last 12 reported quarters were loss-making.

For the full year, FY26 profit was ₹10,886 Cr (+243.0% on the year before).

Why profit moved: revenue changed +14.3% on a year earlier and the margin moved +1.0 percentage points. Sales did the work, and the margin was about flat.

On average over the last four quarters, profit changed +327.6% and revenue +10.5%. Profit is growing faster than sales: fixed costs are spread over more sales, so each extra rupee of revenue adds more to profit.

Tata Steel Ltd reported ₹60,794 Cr of revenue in the Jun 2026 quarter, +14.3% on the same quarter a year earlier. That is the 4th quarter in a row with growth on the year before. Over 10 years it has grown 8.6% a year on average. The last full year, FY26, came in at ₹2,32,140 Cr.

Revenue is everything the company billed its customers in the period.

The last four reported quarters add to ₹2,39,755 Cr.

FY26 revenue was ₹2,32,140 Cr, +6.2% on the year before.

Recent pace: the last four quarters grew +10.5% on average, against 8.6% a year over the longer run, so this year is growing faster than its own long-run rate.

Is growth speeding up? Revenue over the last 12 months grew +10.5%, against +3.4% a year over the last 8 quarters (accelerating).

Tata Steel Ltd's operating margin was 15.0% in the Jun 2026 quarter, 1.0 percentage points higher than the same quarter a year ago. Across 13 years it has been between −0.6% and 26.0%. The latest quarter is within that range.

Operating margin is what is left from every ₹100 of sales after the costs of running the business, before interest and tax. It shows pricing power and cost control.

Why the margin moved: operating margin changed +1.3 percentage points on the year while gross margin changed +0.9 points. So the gain came mostly from the gross margin, which means input costs and prices charged.

Over the last 3 years, 361% of Tata Steel Ltd's reported profit came in as cash from its operations, so the profit is backed by cash. In FY26 it brought in ₹35,064 Cr of operating cash against ₹10,886 Cr of profit. After ₹27,824 Cr of spending on assets, ₹7,240 Cr was left over as free cash.

The profit and loss account shows what was earned. The cash-flow statement shows the cash that actually came in. Comparing operating cash flow with profit is one of the best checks that a profit is real.

Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year.

Why 361% of profit came in as cash: the cash cycle got 13 days shorter between FY21 and FY26, so cash that used to wait in the business now arrives sooner.

What to look at next: the bigger use of cash is spending on new assets, at 1.9× depreciation over three years. The next section checks what that spending is building.

Tata Steel Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was 56 days in FY26, down from 69 days in FY21. It spent ₹62,829 Cr on assets over the last 3 years. Customers take 8 days to pay, and stock sits for 184 days on average.

Working capital is the cash tied up between paying suppliers and getting paid. Debtor days: how long customers take to pay. Inventory days: how long stock sits. The cash cycle: the whole loop, in days of sales.

At FY26 sales of ₹2,32,140 Cr, each day of that cycle ties up about ₹636 Cr, so roughly ₹35,616 Cr is tied up in the business at any time.

FY26: customers took 8 days to pay and stock sat for 184 days, about 6.1 months of sales sitting as stock, for a full cycle of 56 days, shorter than FY21's 69.

The full loop: cash goes out to suppliers and production on day 0. Stock sits for 184 days. Customers pay about 8 days after that. Suppliers are paid at 136 days. Together that makes the 56-day cycle.

Spending on assets: ₹62,829 Cr over the last 3 years, against ₹32,258 Cr of depreciation (the yearly wear and tear on existing assets). So it is building well beyond replacing what wears out. Work still in progress is ₹28,497 Cr (FY26): assets paid for that are not earning yet.

In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns.

Tata Steel Ltd's P/E is 19.0×, in the middle of its own history: higher than 58% of past readings. Its usual P/E (the middle reading) is 14.7×, over 11 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth.

P/E is the share price divided by a year's profit per share: how many rupees the market pays for each rupee of yearly profit.

The P/E here, and its history, use a profit figure that can leave out one-off items, so it can differ from a P/E worked out on the quarterly results. Those results' earnings per share for the four quarters to Jun 2026 add up to ₹8.83.