Mumbai (Udaipur Kiran News): Shares of Tata Steel Ltd traded higher on Thursday after the company announced that it had acquired an additional stake in its wholly owned foreign subsidiary T Steel Holdings Pte (TSHP).
The stock was quoting at ₹173.50 on the BSE, up 0.46% or ₹0.80 from its previous close of ₹172.70. During the session, it touched an intraday high of ₹173.90 and a low of ₹171.85, with over 2.61 lakh shares changing hands.
Over the past year, Tata Steel’s share price has hit a 52-week high of ₹174.35 (24 Sep 2025) and a low of ₹122.60 (13 Jan 2025). Its current market capitalization stands at ₹2,15,402.03 crore. Promoters hold 33.19%, while institutions and non-institutional investors account for 43.49% and 22.83% respectively.
Tata Steel said it has acquired an additional 457,71,14,428 equity shares of face value $0.1005 each, aggregating to $460 million (₹4,054.66 crore) in TSHP. Following this transaction, TSHP will continue to remain a wholly owned foreign subsidiary of the company.
Tata Steel, the flagship of the Tata Group, is Asia’s first integrated steel plant and currently the world’s second most geographically diversified steel producer, also featuring in the Fortune 500 list.
Bhupendra Singh Chundawat is a seasoned technology journalist with over 22 years of experience in the media industry. He specializes in covering the global technology landscape, with a deep focus on manufacturing trends and the geopolitical impact on tech companies. Currently serving as the Editor at Udaipur Kiran, his insights are shaped by decades of hands-on reporting and editorial leadership in the fast-evolving world of technology.
