Tata Steel Ltd.

Tata Steel is currently trading at Rs. 434.70, up by 9.85 points or 2.32% from its previous closing of Rs. 424.85 on the BSE.

The scrip opened at Rs. 431.15 and has touched a high and low of Rs. 441.50 and Rs. 430.20 respectively. So far 1088292 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 662.80 on 25-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. 448.00 and Rs. 391.20 respectively. The current market cap of the company is Rs. 41591.54 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 has secured a major contract from Siemens Wind Power to supply 25,000 tonnes of high-quality profiled steel plate for wind towers. This order is the largest to date for the steel company's dedicated wind tower hub in Scunthorpe, England and establishes Tata Steel as a key supplier to Siemens Wind Power.

Tata Steel will deliver 25,000 tonnes of profiled plate cut into the desired shape between April-September this year. The steel will be used to build about 150 onshore wind turbine towers. Tata Steel has already supplied Siemens Wind Power with 6,000 tonnes of steel plate for similar developments in the UK and Europe.

Recently, the world’s seventh-largest steelmaker 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.