Tata Steel shines on the bourses

Tata Steel is currently trading at Rs. 543.10, up by 12.00 points or 2.26% from its previous closing of Rs. 531.10 on the BSE.

The scrip opened at Rs. 535.25 and has touched a high and low of Rs. 544.50 and Rs. 535.25 respectively. So far 233562 shares were traded on the counter.

The BSE group ‘A’ stock of face value Rs. 10 has touched a 52 week high of Rs. 646.70 on 21-Sep-2018 and a 52 week low of Rs. 442.10 on 29-Jan-2019.

Last one week high and low of the scrip stood at Rs. 544.50 and Rs. 505.60 respectively. The current market cap of the company is Rs. 64781.63 crore.

The promoters holding in the company stood at 33.12%, while Institutions and Non-Institutions held 44.19% and 21.60% respectively.

Tata Steel has opened up two shifts at its Jamshedpur steel plant shopfloor for women employees between 6:00 am and 10:00 pm. Starting April 1, 2019, Tata Steel has deployed 52 female employees at its Coke Plant and Electrical Repair Shopfloor in Shifts A & B between 6:00 am and 10:00 pm through the week.

This is also the first major step taken by Tata Steel towards its plans to have women constitute 10% of its workforce on the shopfloor by 2025 and to create more avenues for women to grow in the technical/ manufacturing domain. The new initiative to include women in the shopfloor follows the 2017 guidelines prescribed by the Government of Jharkhand that allows women to work in some shifts, provided adequate safety measures are put in place by employers.

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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