Tata Steel Ltd.

Tata Steel is currently trading at Rs. 159.20, up by 0.50 points or 0.32% from its previous closing of Rs. 158.70 on the BSE.

The scrip opened at Rs. 156.80 and has touched a high and low of Rs. 159.35 and Rs. 156.25 respectively. So far 787349 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 170.20 on 30-Sep-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. 160.15 and Rs. 152.55 respectively. The current market cap of the company is Rs. 198486.95 crore.

The promoters holding in the company stood at 33.19%, while Institutions and Non-Institutions held 43.49% and 22.83% respectively.

Tata Steel’s indirect wholly owned foreign subsidiary -- Siam Industrial Wire Company has completed the acquisition of 40% stake in TSN Wires Company (TSN Wires) from Nichia Steel Works. Post this acquisition, TSN Wires has become an indirect wholly owned foreign subsidiary of the company.

Earlier, the company had received approval for infusion of an amount up to Rs 6 crore, in one or more tranches, in TP Adarsh (TPAL), and execution of a Share Purchase & Shareholders’ Agreement (SPSA) between the company, Tata Power Renewable Energy (TPREL) and TPAL for acquisition (including by way of subscription) of 26% equity stake in TPAL. 

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.