Tata Steel BSL is currently trading at Rs. 29.80, up by 0.20 points or 0.68% from its previous closing of Rs. 29.60 on the BSE.
The scrip opened at Rs. 29.60 and has touched a high and low of Rs. 30.50 and Rs. 29.25 respectively. So far 8412 shares were traded on the counter.
The BSE group 'T' stock of face value Rs. 2 has touched a 52 week high of Rs. 46.90 on 04-Jun-2018 and a 52 week low of Rs. 21.00 on 02-May-2018.
Last one week high and low of the scrip stood at Rs. 31.00 and Rs. 29.10 respectively. The current market cap of the company is Rs. 3236.58 crore.
The promoters holding in the company stood at 72.65%, while Institutions and Non-Institutions held 11.31% and 16.04% respectively.
Tata Steel BSL has raised amount aggregating to Rs 6,500 crore through allotment of 650,00,00,000 - 11.09% Non-Convertible Redeemable Preference Shares having face value of Rs 10 each to Tata Steel (NCRPS Series I) on private placement basis. The Committee of Directors of the Company at its meeting held on March 19, 2019 has approved the same.
Tata Steel BSL formerly known as Bhushan Steel is the largest manufacturer of auto-grade steel in India. Tata Steel BSL with a large amount of debt in proportion to its equity, is a highly leveraged company.
| Company Name | CMP |
|---|---|
| Tata Steel | 212.05 |
| JSW Steel | 1239.90 |
| SAIL | 173.50 |
| Jindal Stainless | 787.90 |
| APL Apollo Tubes | 2105.45 |
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