Tata Steel is currently trading at Rs. 308.70, up by 1.95 points or 0.64% from its previous closing of Rs. 306.75 on the BSE.
The scrip opened at Rs. 307.90 and has touched a high and low of Rs. 312.10 and Rs. 307.35 respectively. So far 427092 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 479.40 on 23-Apr-2012 and a 52 week low of Rs. 292.70 on 16-Apr-2013.
Last one week high and low of the scrip stood at Rs. 312.10 and Rs. 292.70 respectively. The current market cap of the company is Rs. 29952.28 crore.
The promoters holding in the company stood at 31.35% while Institutions and Non-Institutions held 41.12% and 25.29% respectively.
Tata Steel, the debt-laden metals company, has reported that in order to repay some of its foreign loans it is looking to raise about 250 million Singapore dollars in its first foreign currency bond issue this fiscal. The company will raise the money through its fully owned subsidiary ABJA Investment Company.
Tata Steel is the guarantor to the bonds and will be meeting investors in the island city this week to gauge their interest. The pricing will depend on the credit history and investors’ perception of the company.
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.
| Company Name | CMP |
|---|---|
| Tata Steel | 187.15 |
| JSW Steel | 1223.65 |
| Steel Authority | 168.00 |
| Jindal Stainless | 692.50 |
| APL Apollo Tubes | 1788.70 |
| View more.. | |
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