Tata Steel Ltd announces sale of Equity Shares of Tata Motors Limited

Tata Steel Limited has proposed to sell 8,36,37,697 Equity Shares of face value of Rs. 2/- each of Tata Motors Limited to Tata Sons Limited. The transaction is expected to be executed on or after June 23, 2017 at or around the prevailing price on the date of proposed sale, subject to no material market movements in price since the date of this disclosure.

Shares of TATA STEEL LTD. was last trading in BSE at Rs.502.1 as compared to the previous close of Rs. 502.65. The total number of shares traded during the day was 281258 in over 3909 trades.

The stock hit an intraday high of Rs. 507.6 and intraday low of 501.35. The net turnover during the day was Rs. 141677511.

Shares of TATA MOTORS LTD. was last trading in BSE at Rs.455.5 as compared to the previous close of Rs. 448.45. The total number of shares traded during the day was 558674 in over 6820 trades.

The stock hit an intraday high of Rs. 458.3 and intraday low of 452.25. The net turnover during the day was Rs. 254395330.

Source : Equity Bulls

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