Tata Steel Ltd.

Tata Steel is currently trading at Rs. 464.50, down by 10.20 points or 2.15% from its previous closing of Rs. 474.70 on the BSE.

The scrip opened at Rs. 472.90 and has touched a high and low of Rs. 472.90 and Rs. 461.50 respectively. So far 349228 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 641.85 on 07-Apr-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. 482.00 and Rs. 453.10 respectively. The current market cap of the company is Rs. 44981.80 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 partnered with the Government of Jharkhand and Iskcon Food Relief Foundation to roll out a mid-day meal scheme for underprivileged school-going children in East Singhbhum districts of Jharkhand, Seraikella and Kharsawan. The programme was inaugurated on April 07, 2012 by the Chief Minister of Jharkhand at Tata Steel’s Community Centre, Jamshedpur.

The scheme will benefit approximately 65,000 students initially and is envisaged to ramp upto 1 lakh students within the next three months. This initiative is the first of its kind in Eastern India. A total of 389 schools will be taken care of under this scheme, out of which 89 are situated in the Gamariah block. 25 vehicles will be plying from April 09 for delivering the food to the various locations.

Tata Steel will provide the infrastructure that would be required for the successful rollout of the mid-day meal programme while Iskcon Food Relief Foundation, an NGO that provides top-class mid-day meal services in various towns and cities across the country, will take charge of the day-to-day management of the programme.