SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Tata Steel transfers stake in HSMS, TSAML to subsidiaries

05 Jul 2021 Evaluate

Tata Steel has transferred 26 percent stake in Himalaya Steel Mill Services (HSMS) to Tata Steel Utilities and Infrastructure Services (TSUISL) for an undisclosed amount. TSUISL is a wholly-owned subsidiary of Tata Steel. It has also transferred its 100 per cent stake held in Tata Steel Advanced Materials (TSAML) to another subsidiary company Tata Steel Downstream Products (TSDPL).

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.


Tata Steel Share Price

214.45 -2.60 (-1.20%)
08-May-2026 16:59 View Price Chart
Peers
Company Name CMP
Tata Steel 214.45
JSW Steel 1277.70
SAIL 184.80
Jindal Stainless 755.10
APL Apollo Tubes 1948.80
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:

×