5 Listed Tata Stocks That Soon Going To Merge, Check If You Own Any

In a recent development, the board of Tata Steel gives its approval for the integration of strategic enterprises, which includes listed Tata Group companies namely TRF Limited, The Tinplate Company of India Limited (TCIL), Tata Metaliks Ltd, and Tata Steel Long Products Limited. TCIL and other subsidiaries of Tata Steel will be merged into Tata Steel, Tata Group approved the amalgamation of all its metal companies into Tata Steel. Tata Steel owns a majority of each subsidiary. Check below to know more:

Tata Steel Ltd.

Tata Steel is Asia's first integrated private steel company having a presence across the entire value chain of steel manufacturing from mining and processing iron ore and coal to producing and distributing finished products. It is Tata Group's large-cap company having a market capitalisation of Rs 1,30,790 crore.

The stock last traded at Rs 107/share, up 2.25% as compared to its previous close. Its 52 week low is Rs 82.70/share and 52 week high is Rs 138.67/share, respectively.

The stock has fallen 2.51% in 1 week and 11.09% in 1 month, respectively. It has fallen 17.9% in 1 year. The stock has gained 176.09% in 3 years and 58.51% in 5 years, respectively.

Tata Steel Long Products Ltd. (TSLP)

Tata Steel Long Products Ltd is Tata Group's Metal Sector Small Cap Stock, and a subsidiary of Tata Steel Ltd. The company is engaged in manufacturing high alloy steel, primarily for the auto sector and wire rope industry, and sponge iron for use by the secondary steel sector. It has a market capitalisation of Rs 2,867.23 crore.

The stock of TSLP last traded at Rs 635.75/share. Its 52 week low is Rs 534/share and 52 week high is Rs 850.15/share, respectively. It has a market capitalisation of Rs 2,867.23 Crore.

The stock is given 1.58% negative return in 1 week, and 9.28% in 1 month, respectively. It gave 12.96% negative return in 1 year and 40.39% in 5 years, respectively. However, it gave 88.06% positive return in 3 years.

Tata Metaliks Ltd.

Tata Metaliks is 2nd small cap Metal Sector stock and a subsidiary of Tata Steel. Tata Metaliks produces pig iron and ductile iron pipes in India.

The stock last traded at Rs 749.85/share. Its 52 week low is Rs 617.35/share and 52 week high is Rs 922/share, respectively. It has a market capitalisation of Rs 2,367.84 crore.

In the past 1 week, the stock has fallen 1.89%. In 1 year it has fallen 10.4% and in 5 years 8.12%, respectively. It gained 23.82% in the past 3 years.

TRF Lld.

TRF Ltd is promoted by Tata Steel and ACC Limited. The company over the years executed various electromechanical jobs for bulk material handling equipment. It is a small-cap engineering sector stock having a market capitalisation of Rs 176.24 crore.

The stock last traded at Rs 160.15/share, up 1.88% from the previous close of Rs 157.20/share. Its 52 week low is Rs 109/share and 52 week high is Rs 375.40/share, respectively. 

The stock has fallen 2.02% in 1 week and 10.51% in 1 month, respectively. It has given 36.94% positive return in 1 year, and 71.19% in 3 years, respectively. However, it has fallen 26.91% in 5 years.

The Tinplate Company of India Ltd (TCIL)

Tinplate Company of India Limited (TCIL) is a subsidiary of Tata Steel Ltd. It offers high-quality products that meet the most stringent requirements of customers. TCIL is a small-cap metal sector company having a market cap of Rs 3,326.86 crore.

The stock of TCIL last traded at Rs 312.45/share, 1.969% above its previous close of Rs 306.45/share. Its 52-week high is Rs 442.90 and its 52-week low is Rs 291/share, respectively.

The stock has fallen 2.05% in 1 week, and 10.15% in 1 month, respectively. It has fallen 8.67% in the past 1 year. It gained 148.96% positive return in 3 years and 35.49% in 5 years, respectively.

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