SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Tata Steel to restart Neelachal Ispat Nigam in coming three months

06 Jul 2022 Evaluate

Tata Steel is planning to restart Neelachal Ispat Nigam (NINL) in coming three month and ramp-up to the rated capacity over the next 12 months. NINL has been closed for almost two years. The company had completed the acquisition of NINL through step down subsidiary company -- Tata Steel Long Products (TSLP) for a consideration of Rs 12,000 crore.

During this time, Tata Steel will also work towards finalizing the plans for the NINL capacity expansion to 5 million tonnes and take the requisite clearances internally and externally.

Tata Steel, the flagship company of the Tata group, is the first integrated steel plant in Asia and is now the world’s second most geographically diversified steel producer and a Fortune 500 company.

Tata Steel Share Price

185.90 0.40 (0.22%)
17-Jul-2026 16:59 View Price Chart
Peers
Company Name CMP
Tata Steel 185.90
JSW Steel 1238.35
Steel Authority 163.05
Jindal Stainless 735.80
APL Apollo Tubes 1793.70
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through: