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Tata steel BSL gains on reporting around 11% rise in crude steel production in Q3 FY20

10 Jan 2020 Evaluate

Tata Steel BSL is currently trading at Rs. 30.70, up by 0.15 points or 0.49% from its previous closing of Rs. 30.55 on the BSE.

The scrip opened at Rs. 30.75 and has touched a high and low of Rs. 31.05 and Rs. 30.45 respectively. So far 2047 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 39.15 on 11-Jan-2019 and a 52 week low of Rs. 20.00 on 21-Aug-2019.

Last one week high and low of the scrip stood at Rs. 31.05 and Rs. 29.65 respectively. The current market cap of the company is Rs. 3334.99 crore.

The promoters holding in the company stood at 72.65%, while Institutions and Non-Institutions held 10.38% and 16.97% respectively.

Tata Steel BSL has reported crude steel production of 1.15 million tonnes (MT) (Provisional) in Q3 FY20 as against 1.03 MT (Actual) in Q3 FY19. The production has increased by around 11.07% on Y-o-Y basis. Besides, the saleable steel sales were at 1.25 MT (Provisional) in Q3 FY20 as compared to 0.91 MT (Actual) in Q3 FY19.

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.

Tata Steel BSL Share Price

85.55 0.00 (0.00%)
12-Nov-2021 18:01 View Price Chart
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