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Tata Steel is currently trading at Rs. 149.30, up by 1.15 points or 0.78% from its previous closing of Rs. 148.15 on the BSE.

The scrip opened at Rs. 151.95 and has touched a high and low of Rs. 152.40 and Rs. 148.75 respectively. So far 1320066 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 184.60 on 18-Jun-2024 and a 52 week low of Rs. 114.25 on 02-Nov-2023.

Last one week high and low of the scrip stood at Rs. 152.95 and Rs. 147.65 respectively. The current market cap of the company is Rs. 186378.00 crore.

The promoters holding in the company stood at 33.19%, while Institutions and Non-Institutions held 43.19% and 22.98% respectively.

Tata Steel has signed a Euro 500 million Grant Funding Agreement with the UK Government allowing it to proceed at pace with the project to install a state-of-the-art Electric Arc Furnace at the Port Talbot steelworks in Wales.

As the largest investment in the UK steel industry for decades, the Euro 1.25 billion project will safeguard UK’s steel sovereignty, secure steel making in Port Talbot and preserve 5,000 jobs. The new assets will reduce the UK’s entire industrial carbon emissions by 8% (and Port Talbot’s by 90%) while setting a benchmark in circularity, utilising UK scrap.

Alongside its planned Euro 750 million investment, Tata Steel has put its significant global engineering and project capabilities behind this project, which will benefit from an additional Euro 500 million in UK Government Grant Funding.

This is one of the largest industrial transition projects in the UK and its implementation has been enabled by the responsible approach of Tata Steel’s workforce, the UK Steel Committee representing the trade unions, and support of the UK Government.

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.