-3.00 (-1.74%) Tata Steel is currently trading at Rs. 159.90, up by 0.05 points or 0.03% from its previous closing of Rs. 159.85 on the BSE.
The scrip opened at Rs. 159.70 and has touched a high and low of Rs. 161.10 and Rs. 159.25 respectively. So far 534876 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 170.40 on 12-Jul-2024 and a 52 week low of Rs. 122.60 on 13-Jan-2025.
Last one week high and low of the scrip stood at Rs. 163.40 and Rs. 157.55 respectively. The current market cap of the company is Rs. 199610.46 crore.
The promoters holding in the company stood at 33.19%, while Institutions and Non-Institutions held 42.97% and 23.35% respectively.
Tata Steel’s subsidiary -- Tata Steel UK has started the construction of UK’s state-of-the-art Electric Arc Furnace (EAF) facility in Port Talbot. This is part of a 1.25 billion British Pound transformation to low CO2 steelmaking, supported by a 500 million British Pound investment from the UK Government.
The new EAF is set to be commissioned at the end of 2027. The new facility is expected to reduce Port Talbot’s carbon emissions by around 90%, equivalent to 5 million tonnes of CO2 per year, while securing high-quality sustainable steel production and supporting 5,000 UK jobs directly.
The Port Talbot EAF will be one of the largest in the world, melting UK-sourced scrap steel to produce 3 million tonnes of steel per year. As part of Tata Steel UK’s broader decarbonisation strategy, the project also includes new ladle metallurgy facilities, infrastructure upgrades, and partnerships with leading technology providers such as Tenova, ABB, and Clecim.
Tata Steel, the flagship company of the Tata group, is the first integrated steel plant in Asia and is now the world’s second most geographically diversified steel producer and a Fortune 500 company.