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Tata Steel gains on forming new research partnership with EPSRC

01 Apr 2014 Evaluate

Tata Steel is currently trading at Rs. 395.65, up by 1.80 points or 0.46% from its previous closing of Rs. 393.85 on the BSE.

The scrip opened at Rs. 394.50 and has touched a high and low of Rs. 397.90 and Rs. 386.25 respectively. So far 612520 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 435.40 on 02-Jan-2014 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. 396.00 and Rs. 361.90 respectively. The current market cap of the company is Rs. 38460.12 crore.

The promoters holding in the company stood at 31.35% while Institutions and Non-Institutions held 41.45% and 24.22% respectively. 

Tata Steel has formed a strategic partnership with a prominent UK research body, The Engineering and Physical Sciences Research Council (EPSRC), to develop a range of innovations, among them graphene-coated steels and next-generation sensors that can operate in extreme environments. The research partnership with EPSRC will give Tata Steel access to a wider network of world-class experts, enhancing its research and development activities. The partners will work together on long-term research, postgraduate training and knowledge exchange in a number of different pre-defined areas.

The research will include studying the viability of coating steel strip with graphene, a one atom thick carbon layer whose properties include anti-corrosion and a high degree of electrical conductivity. Graphene-coated steels could boost the energy efficiency of solar panels, or make buildings longer-lasting by reducing damage caused by water or even the most corrosive of chemicals.

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

205.60 -1.00 (-0.48%)
13-Apr-2026 12:53 View Price Chart
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