New Delhi, April 7 -- Tata Steel share price rose by nearly 1% on Tuesday, April 7, following the announcement of its highest-ever annual output and deliveries in India for FY26, driven by an increase in capacity and consistent domestic demand, despite mixed results from its European operations.

Based on its provisional update, Tata Steel India achieved a crude steel production of 23.48 million tonnes in FY26, reflecting an 8% rise compared to the previous year. This growth was mainly attributed to the ramp-up at its Kalinganagar plant, though it was somewhat countered by a blast furnace relining shutdown at Jamshedpur.

In the March quarter, production in India reached 6.25 million tonnes, marking a 15% year-on-year increase. Deliveries...