Tata Steel trades higher on the BSE

Tata Steel is currently trading at Rs. 1139.50, up by 9.35 points or 0.83% from its previous closing of Rs. 1130.15 on the BSE.

The scrip opened at Rs. 1141.80 and has touched a high and low of Rs. 1150.95 and Rs. 1132.70 respectively. So far 115205 shares were traded on the counter.

The BSE group ‘A’ stock of face value Rs. 10 has touched a 52 week high of Rs. 1534.60 on 16-Aug-2021 and a 52 week low of Rs. 596.30 on 29-Jan-2021.

Last one week high and low of the scrip stood at Rs. 1182.20 and Rs. 1112.85 respectively. The current market cap of the company is Rs. 139150.93 crore.

The promoters holding in the company stood at 34.41%, while Institutions and Non-Institutions held 40.76% and 23.99% respectively.

Tata Steel has been recognised as one of the top 25 most innovative Indian Companies by the Confederation of Indian Industry (CII) for its product, process, and business innovation. As part of the submission process, multiple innovation cases were presented to showcase the innovation culture in the organisation including two shining cases – ‘First-of-its-kind’ 5 tonnes per day CO2 capture plant and ‘First-in-World’ Digital Twin in Sinter Making.

The award evaluates all kinds of new processes, products, services, technologies, innovations, and approaches which have brought tangible results or made radical changes within or across the industry.

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.