TCS shares jump: Shares of Tata Steel hit a 52-week high. Tata Steel’s share price on BSE has risen to Rs 156.10 per share
NEW DELHI– Shares of Tata Steel hit a 52-week high. Tata Steel’s share price on BSE has risen to Rs 156.10 per share. The total market value of the company is 1,93,680.61 crores. In the last 3 months, the company has given a profit of 19 percent to the shareholders. So, in the last three years, 111 percent profit has been achieved. In five years, the share price has increased by as much as 205 percent.
On the other hand, TCS’s (TCS) market cap has increased by 19,881.39 crores over the past week. Therefore the total market cap of TCS has become 14, 85, 912.36. Tata’s shares are increasing steadily. In five days, the company has gained around 20 thousand crores.
Tata Steel has paid dividend to shareholders 29 times since May 24, 2001. The company has paid a dividend of Rs 3.60 per share in the last twelve months. Currently the share price is 155. 15 is Rs. The company had announced the highest dividend of Rs 51 per share in 2022. Tata Steel Company had split the share price after 28 July 2022. At that time, the share price was reduced from Rs.10 to Rs.1.
The company had announced a profit of Rs 522.14 crore in December 2023. The company had posted a loss of Rs 2,501.95 crore in its previous year due to volatile conditions in Europe. But, the shares have performed well since 2023.
Tata Steel was established in 1907 as the first private steel company in Asia. After that, Jamshedpur was developed as the first industrial city in India. Currently, Tata Steel is the leading steel company in the world. The company had reported a market capitalization of Rs 91,037 crore in FY21.
Important Note: Current status of shares is given here. It is not advised to buy or sell shares. The above information is based on published analysis. So, make sure to take expert advice while taking a decision regarding buying and selling of shares.
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