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Tata Steel gains on launching ‘Tata Tiscon SD’ in South India

06 Dec 2018 Evaluate

Tata Steel is currently trading at Rs. 516.15, up by 0.85 points or 0.16% from its previous closing of Rs. 515.30 on the BSE.

The scrip opened at Rs. 513.95 and has touched a high and low of Rs. 520.90 and Rs. 501.50 respectively. So far 815429 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 747.25 on 31-Jan-2018 and a 52 week low of Rs. 493.50 on 19-Jul-2018.

Last one week high and low of the scrip stood at Rs. 552.50 and Rs. 501.50 respectively. The current market cap of the company is Rs. 62036.23 crore.

The promoters holding in the company stood at 33.12%, while Institutions and Non-Institutions held 44.98% and 20.86% respectively.

Tata Steel has launched its best-in-class Tata Tiscon SD (Super Ductile) rebar in the southern markets. The new rebar will replace the current product, Tiscon 500D.

The new product, made with an improved mix of carbon, sulphur, phosphorous and other alloying elements as well as post-rolling treatment, promises a stronger and more flexible rebar for the construction industry and other customers.

Tata Tiscon SD also offers more energy-absorption capacity to the building’s structure and, therefore, a higher evacuation time in case of earthquakes and other calamities.

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

210.95 -2.10 (-0.99%)
23-Apr-2026 16:59 View Price Chart
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