Mumbai News, 03 March 2026: The Indian stock market is closed today for Holi. NSE and BSE have announced trading will be closed on 3 March, even though the Holi festival is being celebrated tomorrow, 4 March, in many parts of the country. In the last trading session (2 March), shares of Tata Steel Limited (Tata Steel Share Price) closed at Rs 211.01 on the NSE, down 0.62% from the previous day. On the BSE, the price was also around Rs 211. The company’s market capitalization is around Rs 2,63,415 crore.
NSE and BSE stock market updates
Due to today’s holiday, there are no new trading updates available. NSE and BSE have announced 3rd March for the Holi holiday, so equity, derivative and currency segments are closed. MCX is also closed for the morning session but trading will start at 5 PM. In the last session (2nd March), both Sensex and Nifty closed lower, with the steel sector seeing a 5.7% drop. Tata Steel shares performed 1.32% better than the sector, but the overall decline was 0.73%.
Total debt and returns to investors of Tata Steel Limited
As per the quarterly results up to December 2025, Tata Steel’s net debt is 81,834 crore rupees. The total debt is 956.4 billion rupees, which is 99.7% of equity. In FY25, up to March 2025, the debt-to-equity ratio was 0.99.
Returns for investors: The company’s ROE is 3.89%, which is lower than the three-year average of 6.23%. The dividend yield is 1.71%, and last year’s final dividend was 3.60 rupees per share. TTM PAT is 7.85 rupees per share, and the P/E ratio is 28.7. The company has consistently maintained a dividend payout of 26.8%.
Other news related to Tata Steel Limited
Tata Steel has announced an investment of 11,000 crore rupees in Jharkhand, aiming to develop low-carbon green steel technology at the Jamshedpur plant. This technology will make the steel production process faster and emit less carbon, benefiting other steel producers too. After successful pilot trials in the Netherlands, the company will set up a commercial plant with an annual capacity of 1 million tons by 2030. Tata Motors will also invest in hydrogen trucks in Jamshedpur.
The company has sold the Jajpur Ferrochrome Plant in Odisha to IMFA for 610 crore rupees. In Punjab, the $285 million EAF-rebar mill project will start in March 2026, with a capacity of 0.75 million tones.
In Q3 FY26, the company recorded an EBITDA of 8,309 crore, and 24,894 crore for 9MFY26. India production rose 12% to 6.34 million tones, and deliveries increased by 14%. Despite challenges in Europe, prices are expected to improve due to CBAM and quota cuts.
The company celebrated Founders’ Day with various events marking Jamshetji Tata’s 187th anniversary. There’s also some buzz about this investment on X, praising Tata Steel’s green steel initiatives.
Tata Steel’s progress is positive for India’s steel sector, focusing on sustainable production and capacity expansion.
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