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Tata Steel is currently trading at Rs. 466.20, up by 15.20 points or 3.37% from its previous closing of Rs. 451.00 on the BSE.
The scrip opened at Rs. 453.75 and has touched a high and low of Rs. 466.90 and Rs. 453.75 respectively. So far 450019 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 578.60 on 09-Jun-2014 and a 52 week low of Rs. 308.90 on 29-Oct-2013.
Last one week high and low of the scrip stood at Rs. 462.60 and Rs. 447.10 respectively. The current market cap of the company is Rs. 45059.54 crore.
The promoters holding in the company stood at 31.35 % while Institutions and Non-Institutions held 43.35 % and 23.51 % respectively.
Tata Steel’s 100% indirect subsidiary - Tata Steel UK Holdings (TSUKH) has executed agreements for the refinancing of its bank debt through term loan and revolving credit facilities of euro 3.05 billion. The debt was originally incurred in relation with the acquisition of Corus Group plc in 2007. The new financing structure consists of a 5-year loan of euro 370 million, a 6 year revolving credit facility for working capital purposes of 700 million pound and a 7-year loan of euro 1.8 billion, with more favourable terms and pricing relative to the earlier debt.
Further, Tata Steel Global Holdings (TSGH), another 100% indirect subsidiary of Tata Steel incorporated in Singapore has also executed agreements for loan facilities of $1.5 billion comprising of a 5 year loan of $700 million and a 7 year loan of $800 million. The proceeds of this loan will be used to repay term debts, term out working capital and fund investment needs of the Tata Steel Group outside India.
The 5 year loan and revolving credit facilities for TSUKH as well as the loan facilities for TSGH have been contracted as part of a joint $3.1 billion mandate to 18 Mandated Lead Arrangers. Simultaneously, the 7 year loan of euro 1.8 billion for TSUKH has been contracted with a set of 7 Mandated Lead Arrangers.
| Company Name | CMP |
|---|---|
| JSW Steel | 919.70 |
| Tata Steel | 183.05 |
| SAIL | 153.65 |
| Jindal Stainless | 815.60 |
| Jindal Saw | 560.50 |
| View more.. | |
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Funds ranking in screeners: Performance Consistency and Quality are two parameters used for ranking funds for SIP. The ranking as follows GG, GO, GR, OG, OO, OR, RG, RO and RR.
With the same color-coded funds, the one with the higher Average 3-year rolling returns (over 5 to 10 years), the number that appears in the Performance tag, ranks higher.
Here is the summary:
The third tag Upside Potential is not relevant for SIP. It is relevant for lumpsum investments in Mutual Funds.
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