The company registered Hot Metal production of 3.12 million tonnes in Q2 FY17 (up by 17% yoy) and 6.14 million tonnes in H1 FY17. Tata Steel Ltd is currently trading at Rs. 395.45, up by Rs. 6.15 or 1.58% from its previous closing of Rs. 389.3 on the BSE. The company registered Hot Metal production of 3.12 million tonnes in Q2 FY'17 (up by 17 per cent y-o-y) and 6.14 million tonnes in H1 FY'17 (up by 17 per cent y-o-y). Crude steel production was 2.82 million tonnes in Q2 FY'17 (up by 13 per cent y-o-y) and 5.35 million tonnes in H1 FY'17 (up by 10 per cent y-6-y). Saleable Steel production increased by 11per cent y-o-y in Q2 FY'17 (to 2.71 million tonnes) and by 9 per cent y-o-y in Hl FY'l 7 (to 5.06 million tonnes). Production & Sales Highlights: Blast Furnaces achieved lowest best-ever coke rate of 372 Kg/thm in Q2 (Previous best 375 Kg/thm in Q2 FY'15) & of 365 Kg/thm in Hl (Previous best 391 Kg/thm in Hl FY'15) Sales to Automotive segment grew by 7 per cent y-o-y in line with market growth, thereby retaining leadership position. Availability of additional volumes enabled 12 per cent y-o-y growth in sales to Industrial Products and Projects segments The scrip opened at Rs. 391.6 and has touched a high and low of Rs. 395.7 and Rs. 390 respectively. So far 2456704 (NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 37809.42 crore. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 408.5 on 08-Sep-2016 and a 52 week low of Rs. 211.3 on 12-Feb-2016. Last one week high and low of the scrip stood at Rs. 396.5 and Rs. 363.9 respectively. The promoters holding in the company stood at 31.35 % while Institutions and Non-Institutions held 40.43 % and 28.21 % respectively. If you want more information regarding the Market News & many other tips like Tradeindia Services , Intraday Tips , MCX Normal Calls , Indore Advisory Company , SEBI Registered Company , Share Market Services , NSE & BSE Market Tips , Free MCX Market Tips , MCX Premium Tips , Jewelers Contract , Commodity market tips , call @ +91-7415033556 or fill form http://tradeindiaresearch.com/freetrial.php
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