Tata Steel moves up on acquiring stake in TSHP | Udaipur Kiran


Tata Steel is currently trading at Rs. 155.50, up by 0.50 points or 0.32%, from its previous closing of Rs. 155.00 on the BSE.

The scrip opened at Rs. 156.10 and has touched a high and low of Rs. 156.10 and Rs. 154.00 respectively. So far 281816 shares were traded on the counter.

The BSE group ‘A’ stock of face value Rs. 1 has touched a 52 week high of Rs. 170.20 on 30-Sep-2024 and a 52 week low of Rs. 122.60 on 13-Jan-2025.

Last one week high and low of the scrip stood at Rs. 162.55 and Rs. 154.00 respectively. The current market cap of the company is Rs. 193992.91 crore.

The promoters holding in the company stood at 33.19%, while Institutions and Non-Institutions held 43.49% and 22.83% respectively.

Tata Steel has on August 26, 2025, acquired 353,23,38,309 equity shares of face value $0.1005 each aggregating to $355 million (Rs 3,104.03 crore) in T Steel Holdings (TSHP), a wholly owned foreign subsidiary of the company. Post this acquisition, TSHP will continue to be a wholly owned foreign subsidiary of the company.

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.

 

 



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