Tata Steel Ltd.

Tata Steel is currently trading at Rs. 415.20, up by 3.60 points or 0.87% from its previous closing of Rs. 411.60 on the BSE.

The scrip opened at Rs. 412.00 and has touched a high and low of Rs. 416.35 and Rs. 410.15 respectively. So far 1,49,000 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 615.90 on 01-Jul-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. 419.50 and Rs. 389.10 respectively. The current market cap of the company is Rs. 40,324.00 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 is planning to set up a six million tonnes per annum capacity steel plant in Karnataka. The plant entailing an investment of around Rs 30,000 crore would come up at Haveri district. The company had made this announcement at the government-sponsored Global Investors' Meet (GIM) 2012.

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.