Tata Steel is currently trading at Rs. 113.80, up by 1.45 points or 1.29% from its previous closing of Rs. 112.35 on the BSE.
The scrip opened at Rs. 112.70 and has touched a high and low of Rs. 114.05 and Rs. 112.70 respectively. So far 866373 shares were traded on the counter.
The BSE group ‘A’ stock of face value Rs. 1 has touched a 52 week high of Rs. 138.63 on 06-Apr-2022 and a 52 week low of Rs. 82.71 on 23-Jun-2022.
Last one week high and low of the scrip stood at Rs. 114.15 and Rs. 108.30 respectively. The current market cap of the company is Rs. 139224.27 crore.
The promoters holding in the company stood at 33.90%, while Institutions and Non-Institutions held 41.65% and 23.72% respectively
Tata Steel has received approval to raise Rs 2150 crore through issuance of 2,15,000 Fixed rate, Unsecured, Redeemable, Rated, Listed, Non-Convertible Debentures (NCDs) having face value Rs 1,00,000 each. Date of maturity of said Non-Convertible Debentures will be on February 25, 2028. The Committee of Directors (constituted by the Board of Directors of Tata Steel), at its meeting held on February 20, 2023, considered and approved the same.
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.