Tata Steel Ltd.

Tata Steel is currently trading at Rs. 404.50, up by 8.85 points or 2.24% from its previous closing of Rs. 395.65 on the BSE.

The scrip opened at Rs. 391.00 and has touched a high and low of Rs. 405.70 and Rs. 388.60 respectively. So far 982806 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 503.80 on 07-Sep-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. 414.85 and Rs. 388.60 respectively. The current market cap of the company is Rs. 39096.24 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 results for first quarter ended June 30, 2012.

The company has reported a fall of 38.88% in its net profit at Rs 1356.56 crore for the quarter under review as compared to a net profit of Rs 2219.43 crore for the same quarter in the previous year. However, the total income from operation of the company has increased by 11.62% at Rs 9059.92 crore for Q1FY13 as compared Rs 8116.61 crore for the corresponding quarter previous year.

On the consolidated basis, the group has reported rise fall of 88.82% in its net profit after taxes, minority interest and share of profit of associates at Rs 597.88 crore for Q1FY13 as compared to a net profit of Rs 5346.55 crore for Q1FY12. However, the total income of the group has increased marginally by 1.03% at Rs 34110.58 crore for Q1FY13 as compared Rs 33761.42 crore for the corresponding quarter previous year.