Tata Steel is currently trading at Rs. 164.15, up by 2.15 points or 1.33% from its previous closing of Rs. 162.00 on the BSE.

The scrip opened at Rs. 163.00 and has touched a high and low of Rs. 164.35 and Rs. 162.00 respectively. So far 916439 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 170.70 on 03-May-2024 and a 52 week low of Rs. 104.10 on 19-May-2023.

Last one week high and low of the scrip stood at Rs. 170.70 and Rs. 161.55 respectively. The current market cap of the company is Rs. 203417.91 crore.

The promoters holding in the company stood at 33.19%, while Institutions and Non-Institutions held 43.28% and 22.86% respectively.

Tata Steel has acquired 18,73,493 equity shares of Rs 10 each at an issue price of Rs 427.01 per share (including a premium of Rs 417.01 per share), of The Indian Steel & Wire Products (ISWP), a subsidiary company, on preferential basis, for an aggregate amount of around Rs 80 crore. Upon completion of the Transaction, the aggregate equity stake of the company has increased to 98.61%. These funds shall be utilized by ISWP for meeting the expenditure requirement towards its Combi-Mill project. 

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.