Tata Steel shares rise 7% in 3 sessions; up 31% in 2025. What’s driving the latest surge?

Tata Steel shares rallied after the government imposed safeguard duties on select steel imports to curb cheap inflows and protect domestic producers. The phased three-year measure lifted sentiment across steel stocks, supported by strong recent gains and robust quarterly earnings growth, reflecting improving profitability and favourable industry tailwinds.