Tata Steel is currently trading at Rs. 483.40, up by 5.25 points or 1.10% from its previous closing of Rs. 478.15 on the BSE.
The scrip opened at Rs. 480.00 and has touched a high and low of Rs. 485.65 and Rs. 479.10 respectively. So far 355860 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 508.45 on 17-Mar-2017 and a 52 week low of Rs. 297.40 on 24-Jun-2016.
Last one week high and low of the scrip stood at Rs. 493.00 and Rs. 475.45 respectively. The current market cap of the company is Rs. 46861.14 crore.
The promoters holding in the company stood at 31.35%, while Institutions and Non-Institutions held 43.85% and 24.80% respectively.
Tata Steel's wholly-owned indirect subsidiary- Kalzip Guangzhou has divested its entire equity stake to Shanghai Qinheng International Trade. The company has been entered into agreement for sale on November 30, 2016 and net consideration of 5.2 million EUR received from such sale.
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.