SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Tata Steel rises as its Europe business secures five-year rail supply agreement in France

04 Dec 2015 Evaluate

Tata Steel is currently trading at Rs. 242.70, up by 2.55 points or 1.06% from its previous closing of Rs. 240.15 on the BSE.

The scrip opened at Rs. 238.00 and has touched a high and low of Rs. 243.20 and Rs. 237.25 respectively. So far 568486 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 469.50 on 03-Dec-2014 and a 52 week low of Rs. 200.00 on 29-Sep-2015.

Last one week high and low of the scrip stood at Rs. 245.65 and Rs. 228.05 respectively. The current market cap of the company is Rs. 23498.56 crore.

The promoters holding in the company stood at 31.35% while Institutions and Non-Institutions held 37.73% and 28.94% respectively.

Tata Steel’s Long Products Europe business will continue to supply French rail operator SNCF for at least five more years after a new deal was signed. The company’s rail mill in Hayange, north-eastern France, has supplied the French network for more than 130 years. With Tata Steel, and previously Corus, being SNCF’s main rail supplier since 1999 the contract renewal will see that continue for the next five years with an extension option for a further four years.

Tata Steel will supply the bulk of SNCF’s 750,000 tonne requirements of high-quality rail over the duration of the renewed contract in lengths of up to 108 metres from its Hayange facility. This contract will provide a valuable foundation for the company’s future order book and keeps SNCF at the very heart of its focus for delivering customer satisfaction in terms of quality products and services. The Hayange rolling mill is supplied with steel from Tata Steel’s Long Products Europe steelworks in Scunthorpe, North Lincolnshire, in the UK.

The contract resigning follows a €35 million investment by Tata Steel in 2011 which allowed the Hayange mill to produce 108m lengths of rail that SNCF will use throughout France’s standard and high-speed networks.

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.


Tata Steel Share Price

212.05 1.35 (0.64%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Tata Steel 212.05
JSW Steel 1239.90
SAIL 173.50
Jindal Stainless 787.90
APL Apollo Tubes 2105.45
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×