Mumbai: Shares of Tata Steel on Thursday hit record highs after nearly 14 years extending the recent bullish momentum driven by a resurgence in global metal prices. The company’s market value crossed Rs 1 lakh crore for the first time earlier this week as analysts said the stock has room to run up more in the near future. The stock, which hit a record high of Rs 953.10 on Thursday, closed at Rs 922, up 5.4 per cent over the previous day. Its previous record was on October 29, 2007 when the price touched Rs 914. Since then, the stock has been an underperformer because of weak global metal prices.