Tata Steel gains on acquiring stake in TSHP
Tata Steel is currently trading at Rs 169.75, up by 1.10 points or 0.65% from its previous closing of Rs 168.65 on the BSE.
The scrip opened at Rs 168.85 and has touched a high and low of Rs 171.50 and Rs 168.85 respectively. So far 432328 shares were traded on the counter.
The BSE group 'A' stock of face value Rs 1 has touched a 52-week high of Rs 187.00 on 29-Oct-2025 and a 52-week low of Rs 122.60 on 13-Jan-2025.
Last one week high and low of the scrip stood at Rs 173.15 and Rs 167.55 respectively. The current market cap of the company is Rs 211906.66 crore.
The promoters holding in the company stood at 33.19%, while Institutions and Non-Institutions held 44.39% and 21.92% respectively.
Tata Steel has acquired 148,80,95,239 equity shares of face value $0.1008 each aggregating to $150 million (Rs 1,354.94 crore) in T Steel Holdings Pte (TSHP). Post this acquisition, TSHP will continue to be a wholly owned foreign subsidiary of the Company.
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.
