Tata Steel trades higher on the BSE

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Tata Steel is currently trading at Rs. 310.00, up by 8.65 points or 2.86% from its previous closing of Rs. 301.95 on the BSE.

The scrip opened at Rs. 303.25 and has touched a high and low of Rs. 311.40 and Rs. 301.10 respectively. So far 8, 94,000 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 448.10 on 07-Jan-2013 and a 52 week low of Rs. 195.40 on 07-Aug-2013.

Last one week high and low of the scrip stood at Rs. 313.70 and Rs. 291.00 respectively. The current market cap of the company is Rs. 30,165 crore.

The promoters holding in the company stood at 31.35% while Institutions and Non-Institutions held 39.47% and 26.52% respectively.

Tata Steel registered Hot Metal production of 2.46 million tonnes in Q2, up by 19% Y-o-Y and 4.93 million tonnes in H1, up by 20% Y-o-Y. Crude steel production was 2.29 million tonnes in Q2, up by 19% Y-o-Y and 4.51 million tonnes in H1, up by 21% Y-o-Y. Saleable Steel production increased by 18% Y-o-Y in Q2, to 2.2 million tonnes and by 21% Y-o-Y in H1, to 4.35 million tons. Deliveries were 2.03 million tonnes in Q2, up by 18% Y-o-Y and 4.04 million tonnes in H1, up by 22% Y-o-Y.

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.

Source:-Berkeleygains
 
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