Tata Steel surges on the BSE
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Tata Steel is currently trading at Rs. 732.60, up by 27.65 points or 3.92% from its previous closing of Rs. 704.95 on the BSE.
The scrip opened at Rs. 703.50 and has touched a high and low of Rs. 736.70 and Rs. 681.20 respectively. So far 930483 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 782.00 on 03-Mar-2021 and a 52 week low of Rs. 250.90 on 30-Mar-2020.
Last one week high and low of the scrip stood at Rs. 740.55 and Rs. 681.20 respectively. The current market cap of the company is Rs. 87985.01 crore.
The promoters holding in the company stood at 34.41%, while Institutions and Non-Institutions held 42.96% and 21.78% respectively.
Tata Steel’s Jamshedpur Steel Plant has been recognised as the World Economic Forum’s Advanced 4th Industrial Revolution Lighthouse. With this new milestone, Tata Steel is the one of the few enterprises with three manufacturing sites in the Global Lighthouse network, with Kalinganagar Plant (India) and IJmuiden (the Netherlands) being the other two sites.
The World Economic Forum’s Shaping the Future of Advanced Manufacturing and Production has set up the Global Lighthouse Network to bridge the gap between the manufacturing units that have adopted the Fourth Industrial Revolution Technologies and those who are yet to embrace it. The companies that have been selected as a part of the Lighthouse Network are able to lead the way forward towards the use of technology to transform factories, value chains, and business models.
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.
