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Tata Steel announces 10:1 stock split; dividend of Rs 51

For FY22, the company clocked a net profit of Rs 41,749 crore, a more than five-fold jump from the previous fiscal's Rs 8,190 crore. ....

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Tata Steel hits Rs 1 lakh crore in market capitalisation
Tata Steel on Tuesday touched Rs 1 trillion (Rs 1 lakh crore) in market capitalisation after the scrip hit a 52-week high of Rs 882.50. The gain pushed the market cap to Rs 1.05 trillion. Tata Steel now becomes the fourth company of the Tata Group to hit Rs 1 trillion in market capitalisation. The other three Tata Group companies in the elite list are TCS, Tata Motors and Titan.
The large cap stock gained more than 20 per cent in the last five days. The scrip has delivered a return of 223 per cent in one year and 34 per cent since the beginning of this year. The recovery in Indian economy led to improvement in steel demand. ....

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