Tata Steel shares jump 5%; mcap up Rs 3,031 crore

Source: The Hitavada      Date: 07 Oct 2017 11:56:56


NEW DELHI,

Oct 6,

(PTI),

SHARES of Tata Steel on Friday rose by nearly 5 per cent after the company said its saleable steel production in the country rose 18 per cent to 5.98 million tonnes (MT) in April-September this year. The stock gained 4.73 per cent to settle at Rs 691.40 on BSE. During the day, it jumped 5.10 per cent to Rs 693.90. The scrip was the top performer among 30-share index. At NSE, shares of the company soared 4.60 per cent to end at Rs 691.45.

The company's market valuation rose by Rs 3,030.87 crore to Rs 67,149.87 crore. In terms of equity volume, 6.30 lakh shares of the company were traded on BSE and over 94 lakh shares changed hands at NSE during the day.