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Tata Steel surges on receiving orders for more than 200 samples of its perforated armour steel

04 Sep 2013 Evaluate

Tata Steel is currently trading at Rs. 287.00, up by 5.75 points or 2.04% from its previous closing of Rs. 281.25 on the BSE.

The scrip opened at Rs. 284.00 and has touched a high and low of Rs. 287.75 and Rs. 278.00 respectively. So far 296959 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 448.10 on 07-Jan-2013 and a 52 week low of Rs. 195.40 on 07-Aug-2013.

Last one week high and low of the scrip stood at Rs. 295.30 and Rs. 265.20 respectively. The current market cap of the company is Rs. 27737.91 crore.

The promoters holding in the company stood at 31.35% while Institutions and Non-Institutions held 39.47% and 26.52% respectively.

Tata Steel has received orders for more than 200 samples of its perforated armour steel, which has been exported to a number of countries worldwide, including Germany, France, the USA and India. This revolutionary armour steel, formerly known as Super Bainite, has also undergone a number of design improvements and has taken on a new brand name, PAVISE SBS 600P.

The company will be exhibiting its PAVISE product at next week’s DSEI show, the world-leading defence and security event, which runs from September 10-13 at the ExCel London exhibition centre.

PAVISE, which provides an efficient and cost-effective armouring solution for military vehicles, as well as for defended infrastructure such as watch towers or sangars, has now been tested up to STANAG Level 4 to create armour capable of resisting both small arms and heavy machine gun fire with armour-piercing projectiles.

 

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
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