Tata Steel is currently trading at Rs. 483.40, up by 2.55 points or 0.53% from its previous closing of Rs. 480.85 on the BSE.
The scrip opened at Rs. 481.00 and has touched a high and low of Rs. 485.50 and Rs. 480.85 respectively. So far 301931 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 495.85 on 21-Feb-2017 and a 52 week low of Rs. 245.30 on 29-Feb-2016.
Last one week high and low of the scrip stood at Rs. 495.85 and Rs. 478.50 respectively. The current market cap of the company is Rs. 46992.26 crore.
The promoters holding in the company stood at 31.35%, while Institutions and Non-Institutions held 43.85% and 23.10% respectively.
Tata Steel’s recently commissioned ferro-chrome plant located at Gopalpur Industrial Park in Ganjam district of Odisha, has achieved a major milestone with the first ever production of ferro-chrome on February 25, 2017, with compliance to all technical parameters.
Chromite briquettes used for making ferro-chrome have been produced by the Briquetting Plant at the ferro-chrome plant complex. The Briquetting Plant had earlier commenced production on January 23, 2017. For the plant, the steel major is sourcing chrome ore from its chromite mine at Sukinda in Jajpur district of Odisha.
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.