Tega Industries Limited shares are in focus on June 2, 2026, after the company completed its $1.5 billion acquisition of Molycop.
The stock has remained in strong momentum since the announcement of its Q4 FY26 results, registering a significant spike in trading volumes.
Tega Industries Limited, in partnership with funds managed by affiliates of Apollo Global Management, has completed the acquisition of Molycop from an affiliate of American Industrial Partners in a transaction valued at approximately $1.5 billion.
Following the completion of the deal, Tega Industries has become the controlling shareholder of Molycop, while Apollo Funds will continue to hold a significant minority stake in the company.
The acquisition brings together two major players serving the mining industry and creates one of the world's largest providers of critical consumables used in mining, mineral processing, and material handling operations.
The acquisition significantly enhances Tega's international footprint by combining its presence across Europe, the Middle East, CIS, Latin America and Africa with Molycop's operations in the United States, Canada, Latin America and Australia.
The combined group will operate a manufacturing network of 26 facilities worldwide, including Molycop's 13 manufacturing plants, 3 active joint ventures, and 1 potential joint venture.
Tega Industries Limited reported a 58.3% year-on-year decline in net profit for Q4 FY26 to ₹42.5 crore, compared to ₹102 crore in the corresponding quarter of the previous year.
Revenue from operations stood at ₹527 crore during the quarter, down 1.7% from ₹536 crore reported in Q4 FY25.
The company's EBITDA fell 60% year-on-year to ₹60 crore in Q4 FY26 from ₹150 crore in the year-ago quarter. Consequently, EBITDA margin contracted sharply to 11.4% from 28% in the corresponding period last year.
As of June 2, 2026, at 12:16 PM, Tega Industries share price was trading at ₹1,841.90 each on the BSE.
The company's current market capitalisation stands at ₹13,722.45 crore. The stock has delivered a return of 15.50% over the past 1 year.
The completion of the Molycop acquisition marks a significant milestone for Tega Industries, expanding its scale, geographic reach and manufacturing capabilities. The transaction strengthens the company's position in the global mining solutions industry and broadens its portfolio across mining consumables and mill optimisation services.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
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Published on: Jun 2, 2026, 12:36 PM IST
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