Tata Steel Ltd.

Tata Steel is currently trading at Rs 368.00, up by 6.20 points or 1.71% from its previous closing of Rs 361.80 on the BSE.

The scrip opened at Rs 362.20 and has touched a high and low of Rs 369.00 and Rs 362.10 respectively. So far 294800 shares were traded on the counter.

The BSE group 'A' stock of face value Rs 10 has touched a 52 week high of Rs 666.30 on 10-Jan-2011 and a 52 week low of Rs 332.35 on 02-Jan-2012.

Last one week high and low of the scrip stood at Rs 371.20 and Rs 350.50 respectively. The current market cap of the company is Rs 35347.05 crore.

The promoters holding in the company stood at 30.72% while Institutions and Non-Institutions held 41.68% and 25.46% respectively. 

Tata Steel, the world’s seventh-largest steelmaker has bagged the NDTV Profit Business Leadership award in the metal category for its various initiatives. The award was received by the company’s managing director on behalf of the company from finance minister.

Besides, Tata Steel reported a fall of 1.1% in its December quarter sales, while production of its hot metal grew about 3% for the quarter over corresponding period last year.

The company has reported sales of 1.62 million tonnes for the third quarter ended December 2011 as against 1.64 million tonnes in corresponding last quarter.

The sale of flat products during the quarter was up 3% year-on-year, while sales of long products were low due to the lower availability of finished goods because of the planned shut down in the mills.