The shares are being offered in an indicative range of 324.50 rupees to 338.05 rupees each, with the deal worth up to 12.5 billion Indian rupees, said a Reuters news report.
As per media reports, the shares are being offered in an indicative range of 324.50 rupees to 338.05 rupees each, with the deal worth up to 12.5 billion Indian rupees.
Stock Price
Tata Steel Ltd is currently trading at Rs. 234, up by 3.5 points or 1.52% from its previous closing of Rs. 230.5 on the BSE.
The scrip opened at Rs. 234 and has touched a high and low of Rs. 234 and Rs. 234 respectively. So far 10237 shares were traded on the counter. The current market cap of the company is Rs. 22386.52 crore.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 512.9 on 19-Sep-2014 and a 52 week low of Rs. 200.1 on 25-Aug-2015. Last one week high and low of the scrip stood at Rs. 243.85 and Rs. 227.1 respectively.
The promoters holding in the company stood at 31.35 % while Institutions and Non-Institutions held 41.11 % and 25.56 % respectively.
The stock is currently trading above its 200 DMA.
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