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Tata Steel is currently trading at Rs. 104.95, up by 1.30 points or 1.25% from its previous closing of Rs. 103.65 on the BSE.

The scrip opened at Rs. 106.20 and has touched a high and low of Rs. 107.90 and Rs. 104.25 respectively. So far 3252894 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 142.62 on 19-Oct-2021 and a 52 week low of Rs. 82.71 on 23-Jun-2022.

Last one week high and low of the scrip stood at Rs. 107.90 and Rs. 103.00 respectively. The current market cap of the company is Rs. 126695.31 crore.

The promoters holding in the company stood at 33.92%, while Institutions and Non-Institutions held 41.06% and 24.24% respectively.

Tata Steel has received approval for a scheme of amalgamation. The company will merge its seven step-down subsidiaries with itself. This seven subsidiaries are Tata Steel Long Products, The Tinplate Company of India, Tata Metaliks, TRF, The Indian Steel & Wire Products, Tata Steel Mining and S & T Mining Company. The Board of Directors of the Company at its meeting held on September 22, 2022, inter alia, considered and approved the same.

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.