Tata Steel is currently trading at Rs. 254.90, up by 13.75 points or 5.70% from its previous closing of Rs. 241.15 on the BSE.
The scrip opened at Rs. 262.00 and has touched a high and low of Rs. 263.00 and Rs. 252.00 respectively. So far 1543359 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 448.10 on 07-Jan-2013 and a 52 week low of Rs. 195.40 on 07-Aug-2013.
Last one week high and low of the scrip stood at Rs. 263.00 and Rs. 195.40 respectively. The current market cap of the company is Rs. 24897.10 crore.
The promoters holding in the company stood at 31.35% while Institutions and Non-Institutions held 39.47% and 26.52% respectively.
Tata Steel is reportedly planning to build greenfield unit of capacity of 3 MT in Orissa. Moreover, the company has raised 100 million pounds from sale of strategic assets in Europe. The company will not spend on non-strategic initiative. Further, the company is expecting to be self sufficient in Coke by 2014.
Meanwhile, the company has increased its volume target to 1.2 MT in India, while 11.6 MT in Europe.
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.
The scrip opened at Rs. 262.00 and has touched a high and low of Rs. 263.00 and Rs. 252.00 respectively. So far 1543359 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 448.10 on 07-Jan-2013 and a 52 week low of Rs. 195.40 on 07-Aug-2013.
Last one week high and low of the scrip stood at Rs. 263.00 and Rs. 195.40 respectively. The current market cap of the company is Rs. 24897.10 crore.
The promoters holding in the company stood at 31.35% while Institutions and Non-Institutions held 39.47% and 26.52% respectively.
Tata Steel is reportedly planning to build greenfield unit of capacity of 3 MT in Orissa. Moreover, the company has raised 100 million pounds from sale of strategic assets in Europe. The company will not spend on non-strategic initiative. Further, the company is expecting to be self sufficient in Coke by 2014.
Meanwhile, the company has increased its volume target to 1.2 MT in India, while 11.6 MT in Europe.
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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