Tata Steel Ltd.

Tata Steel is currently trading at Rs. 412.00, down by 13.65 points or 3.21% from its previous closing of Rs. 425.65 on the BSE.

The scrip opened at Rs. 417.50 and has touched a high and low of Rs. 418.55 and Rs. 411.30 respectively. So far 286479 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 595.90 on 26-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. 444.70 and Rs. 424.90 respectively. The current market cap of the company is Rs. 40077.16 crore.

The promoters holding in the company stood at 31.35% while Institutions and Non-Institutions held 42.74% and 24.14% respectively.   

Tata Steel has reported sales of 1.59 million tonnes in the first quarter of FY13, which remained unchanged as compared to the corresponding quarter previous year, as power cuts impacted downstream production. While, sales remained marginally lower on Q-o-Q basis, when it touched 1.79 million tonnes in Q4 FY12, on account of power outages which impacted downstream production

Further, the company’s saleable steel production was also down during the quarter at 1.74 million tonne against 1.75 million tonne in the same quarter previous year and 1.78 million tonne in the Q4 FY12.

However, the company’s crude steel production rose 1.67% to 1.82 million tonne during quarter under review as against 1.79 million tonne crude steel in the April-June quarter of last fiscal.