Tata Steel Ltd.

Tata Steel is currently trading at Rs. 418.25, up by 7.85 points or 1.91% from its previous closing of Rs. 410.40 on the BSE.

The scrip opened at Rs. 412.50 and has touched a high and low of Rs. 419.45 and Rs. 412.50 respectively. So far 3, 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. 431.90 and Rs. 405.80 respectively. The current market cap of the company is Rs. 40,621 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 chosen CA Technologies to help accelerate the innovation of new steel solutions to drive top-line growth. The company which supplies steel and related services to many demanding markets worldwide, will use the CA Clarity Project and Portfolio Management (PPM) to manage the entire new product and service lifecycle from innovation and product design through production and delivery.

As a result, Tata Steel expects to achieve a structured approach to innovation which will help drive profitability and competitive differentiation, and enhance customer satisfaction. CA Clarity PPM will provide Tata Steel with a single, unified decision engine which will capture and hold information about the portfolio of steel products and development projects, and the people and resources that support the innovation activities.

Tata Steel has been transforming its European operations into a more customer-focused organization by realigning its internal resources to industry sectors such as automotive, lifting and excavating, energy and power, packaging, construction and rail. This new organizational structure enables Tata Steel to better support customers for success in their markets. By gaining better insight into customer needs and emerging market opportunities, Tata Steel can quickly innovate in ways that better drives company's growth.