Tata Steel Ltd.

Tata Steel is currently trading at Rs. 471.00, up by 5.10 points or 1.09% from its previous closing of Rs. 465.90 on the BSE.

The scrip opened at Rs. 467.00 and has touched a high and low of Rs. 471.90 and Rs. 465.00 respectively. So far 231472 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 632.40 on 27-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. 479.40 and Rs. 460.00 respectively. The current market cap of the company is Rs. 45423.70 crore.

The promoters holding in the company stood at 31.35% while Institutions and Non-Institutions held 42.73% and 24.05% respectively.

Tata Steel has bagged a high eight-figure US dollar contract to supply pipe for Enterprise Products Partners L.P.'s new crude oil export pipeline in the Gulf of Mexico's Keathley Canyon area.

Tata Steel will deliver more than 48,000 metric tonnes of steel pipe from its 42-inch mill in Hartlepool, England for the Lucius Development Project, which has the capacity to produce in excess of 80,000 barrels of oil per day.

Tata Steel will provide 105 miles (169 kilometres) of 18-inch diameter line pipe. The pipe will be laid at water depths of up to 7,000 feet (2,133 metres) and is designed to meet the required specification for deepwater conditions.

Tata Steel is one of the world’s top ten steel producers. The combined group has an aggregate crude steel capacity of more than 28 million tonnes and approximately 80,000 employees across four continents.