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Tata Steel shares surge to fresh record high after court clears demand notices
Business
Published on 28 April 2026
A court quashed nearly Rs 4314 crore notices
Tata Steel shares jumped to a fresh record high after the Odisha High Court quashed state government demand notices worth nearly Rs 4,314 crore. The notices were tied to the company’s Sukinda Chromite Block, which Tata Steel had contested. The relief from the court decision appears to have triggered investor confidence and the sharp rise in the stock.
- Tata Steel shares hit a fresh record high on Tuesday
- Odisha High Court quashed demand notices totaling nearly Rs 4,314 crore
- The disputed matter relates to the Sukinda Chromite Block
- Court relief boosted investor sentiment behind the rally
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times