MoneyWorks4Me

Tata Steel’s arm emerges successful bidder for Saruabil block for 50 years

08 Jan 2020 Evaluate

Tata Steel’s wholly-owned subsidiary -- T S Alloys has been issued with Letter of Intent by the Government of Odisha as the Successful Bidder for grant of mining lease for Saruabil block for chromite ore for 50 years.

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.

Peers
Company Name CMP
JSW Steel 1227.10
Tata Steel 175.50
Steel Authority 174.50
Jindal Stainless 732.35
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