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Tata Steel is currently trading at Rs. 478.00, up by 6.95 points or 1.48% from its previous closing of Rs. 471.05 on the BSE.
The scrip opened at Rs. 472.90 and has touched a high and low of Rs. 478.65 and Rs. 471.20 respectively. So far 213512 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. 332.20 on 14-Mar-2014.
Last one week high and low of the scrip stood at Rs. 478.65 and Rs. 462.30 respectively. The current market cap of the company is Rs. 46249.28 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 has completed a major upgrade of the Hot Strip Mill at its Port Talbot steelworks in South Wales, enabling it to further improve the quality of its steel products used in a wide range of markets, including automotive, engineering, construction and domestic appliances.
The upgrade was focused on the installation of a new 25 million pound ‘reversing rougher’ - a key part of the process which transforms a 9-inch (23cm) thick slab of steel into sheet less than an inch (2.5cm) thick. The reversing rougher is believed to be the most powerful in Europe, with two new 12.5 MW motors, each equivalent to 17,000hp or the power of about 150 cars.
The upgrade of the Hot Strip Mill follows investments totalling more than 250 million pound in state-of-the-art steelmaking and processing technology at the South Wales operations.
The Hot Strip Mill is a vital plant area in the Port Talbot steelworks where steel is rolled into continuous strip, forming ‘hot rolled coil’. The steel is further processed at Tata Steel sites in Wales and England, before being delivered to manufacturers of cars, food and drink cans, building materials and kitchen appliances.
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.
| Company Name | CMP |
|---|---|
| JSW Steel | 930.45 |
| Tata Steel | 182.35 |
| SAIL | 153.95 |
| Jindal Stainless | 808.75 |
| Jindal Saw | 564.60 |
| 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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