Tata Steel rises on the bourses
Tata Steel is currently trading at Rs. 472.00, up by 4.40 points or 0.94% from its previous closing of Rs. 467.60 on the BSE.
The scrip opened at Rs. 472.50 and has touched a high and low of Rs. 478.10 and Rs. 467.55 respectively. So far 243710 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 747.25 on 31-Jan-2018 and a 52 week low of Rs. 442.10 on 29-Jan-2019.
Last one week high and low of the scrip stood at Rs. 471.20 and Rs. 442.10 respectively. The current market cap of the company is Rs. 57141.49 crore.
The promoters holding in the company stood at 33.12%, while Institutions and Non-Institutions held 44.19% and 21.60% respectively.
Tata Steel-owned rebar brand Tata Tiscon has achieved 100% roll out of its latest grade of steel called SD – super ductile rebar in India.
Over the last few years, Tata Tiscon has covered the geographies in North, East, and West. With the recent launch of Tata Tiscon SD in South, the product is now available across all authorized dealers of Tata Tiscon pan-India. With the 100% roll out of SD across over 7000 dealer points, Tata Steel aims to enhance its current market share thereby further consolidating its leadership position in the India.
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.
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