Tata Steel zooms on increasing daily oxygen supply limit to 800 tonnes
Tata Steel is currently trading at Rs. 1020.30, up by 49.25 points or 5.07% from its previous closing of Rs. 971.05 on the BSE.
The scrip opened at Rs. 982.00 and has touched a high and low of Rs. 1028.60 and Rs. 982.00 respectively. So far 1821611 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1,028.60 on 29-Apr-2021 and a 52 week low of Rs. 262.55 on 18-May-2020.
Last one week high and low of the scrip stood at Rs. 1028.60 and Rs. 910.65 respectively. The current market cap of the company is Rs. 122579.36 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 has further increased its daily oxygen supply limit to 800 tonnes a day to health centres for the treatment of COVID-19 patients. The company has ramped up oxygen production to 800 tonnes per day from around 600 tonnes amid rising demand for the life-saving gas. The company is closely working with GoI and states to address the demand and save precious human lives.
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.