IGI Logo

Tata Steel is currently trading at Rs. 107.75, up by 0.15 points or 0.14% from its previous closing of Rs. 107.60 on the BSE.

The scrip opened at Rs. 107.80 and has touched a high and low of Rs. 108.55 and Rs. 107.50 respectively. So far 657921 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 133.00 on 04-May-2022 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. 108.55 and Rs. 105.35 respectively. The current market cap of the company is Rs. 131441.82 crore.

The promoters holding in the company stood at 33.90%, while Institutions and Non-Institutions held 41.46% and 23.91% respectively.
 
Tata Steel has signed a business cooperation agreement with A&B Global Mining (ABGM) to harness new business development opportunities and deliver mine technical services in areas such as exploration, resource evaluation, mine planning & scheduling, due-diligence, investment thesis, digitalisation, clean/hybrid energy solutions, doing pre-feasibility, bankable feasibility studies, owners engineering and project management.

ABGM will also collaborate with Tata Steel to deliver competitive integrated business solutions to the global mining industry. Tata Steel will closely work with ABGM India which will interface with their South African entity to explore business opportunities in India and abroad and utilise each other’s technical and strategic strengths to deliver projects across the mining and metals including the steel value chain.

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.