Free stock Market News - Tata Steel

Tata Steel is currently trading at Rs. 337.50, up by 2.55 points or 0.76% from its previous closing of Rs. 334.95 on the BSE.

The scrip opened at Rs. 338.00 and has touched a high and low of Rs. 338.90 and Rs. 334.00 respectively. So far 2,97,000 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 482.00 on 03-Apr-2012 and a 52 week low of Rs. 333.55 on 04-Mar-2013.

The current market cap of the company is Rs. 32,778.00 crore.

The promoters holding in the company stood at 31.35% while Institutions and Non-Institutions held 42.74% and 23.84% respectively. 

Tata Steel, the flagship company of the Tata Group, has commissioned and inaugurated its coke oven battery No 10 and by-product plant at its Jamshedpur facility.

Built at a production capacity of 0.7 million tonne per annum (MTPA), the coke oven battery No 10 and by-product plant operates with 88 ovens (with stamp charge technology) and is the largest battery at the Jamshedpur works. It will also produce by-product of coke oven gas (44,000 Nm3/hr), coal tar (35,305 tonne per annum) and pure sulphur (1,668 tonne per annum).

Tata Steel 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.

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