Tata Steel trades higher on the bourses
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
https://t.me/InvestmentGuruIndiacom
Download Telegram App before Joining the Channel
Tata Steel is currently trading at Rs. 892.70, up by 3.10 points or 0.35% from its previous closing of Rs. 889.60 on the BSE.
The scrip opened at Rs. 874.70 and has touched a high and low of Rs. 893.55 and Rs. 854.90 respectively. So far 292186 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 953.10 on 08-Apr-2021 and a 52 week low of Rs. 259.25 on 22-Apr-2020.
Last one week high and low of the scrip stood at Rs. 914.10 and Rs. 843.25 respectively. The current market cap of the company is Rs. 106203.33 crore.
The promoters holding in the company stood at 34.41%, while Institutions and Non-Institutions held 43.72% and 20.79% respectively.
Tata Steel had unveiled its transformation plans for a steel tube making site in the UK’s East Midlands, which will give the business the best chance of a strong future. Work has started at the 150 acre site at Corby, which produces vital products for everything from sports stadiums and iconic skyscrapers such as the Shard in London, to hospital beds and renewable green energy schemes around the world. Workers at the site produce steel tube products from steel made at the company’s Port Talbot works in Wales.
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.
