Tata Steel trades higher on the BSE

22 Nov 2019

Tata Steel is currently trading at Rs. 401.00, up by 15.80 points or 4.10% from its previous closing of Rs. 385.20 on the BSE.

The scrip opened at Rs. 386.90 and has touched a high and low of Rs. 402.65 and Rs. 383.25 respectively. So far 863510 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 560.35 on 02-May-2019 and a 52 week low of Rs. 320.30 on 09-Oct-2019.

Last one week high and low of the scrip stood at Rs. 414.85 and Rs. 383.25 respectively. The current market cap of the company is Rs. 47478.43 crore.

The promoters holding in the company stood at 33.12%, while Institutions and Non-Institutions held 43.89% and 22.01% respectively.

Tata Steel has celebrated the fourth anniversary of dedication of its Kalinganagar steel plant on November 18, 2019. The company had dedicated the plant to the State of Odisha on November 18, 2015.

2019 is a landmark year in the history of Tata Steel Kalinganagar (TSK) as it became the first and the only Indian manufacturing plant to be recognised by the World Economic Forum as a ‘Manufacturing Lighthouse’, a beacon in adopting latest digital technologies in its processes and services. Tata Steel Kalinganagar has adopted state-of-the-art technologies to ensure higher productivity with minimal impact on environment.

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.

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