SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Tata Steel rises as S&P upgrade its long-term corporate credit rating by a notch

11 Aug 2011 Evaluate

Tata Steel is currently trading at Rs. 486.80, up by 0.95 points or 0.20% from its previous closing of Rs. 485.85 on the BSE.

The scrip opened at Rs. 483.00 and has touched a high and low of Rs. 490.20 and Rs. 480.00 respectively. So far 516310 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 713.80 on 04-Jan-2011 and a 52 week low of Rs. 480.00 on 11-Aug-2011.

Last one week high and low of the scrip stood at Rs. 547.85 and Rs. 480.00 respectively. The current market cap of the company is Rs. 46603.43 crore.

The promoters holding in the company stood at 30.60% while Institutions and Non-Institutions held 43.52% and 23.38% respectively.

Ratings agency Standard and Poor's has raised Tata Steel's long-term corporate credit rating a notch to 'BB' from 'BB-’with a stable outlook on the back of the company's sound financial profile and strong cash flows.

'BB' rating assigned by the agency suggests moderate default risk. Meantime, the rating firm has affirmed 'B+' long-term corporate credit rating and 'B' short-term rating on Tata Steel's European subsidiary, Tata Steel UK Holdings with a stable outlook. Further, S&P has revised company's financial risk profile to 'significant' from 'aggressive' due to its deleveraging measures and higher cash flows.

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:

×