Tata Steel grants scholarships to meritorious tribal students.
Tata Steel has granted scholarships under its Jyoti Fellowship programme of Tribal Cultural Society, for Mr Sundar Mohan Hansda and Mr Anata Lal Tudu for their academic excellence. Mr Hansda has qualified for Indian Institute Technology of Roorkee to pursue B. Tech in Computer Science and Mr Ananta Lal Tudu has qualified for Indian Institute of Technology, Chennai. The scholarship will cover all the academic expenses, tution fees and also hostel fees of these tribal students till completion of their course.
Jyoti Fellowship Programme of Tata Steel is designed basically to assist the meritorious tribal students to meet their academic expenses. The awards worth of Rs 25 lakhs in total is available to all SC/ST high-school students who are permanent resident of Singhbhum East/West, Sareikela - Kharsawan, Ranchi, Hazaribag and Dhanbad districts of Jharkhand. Jyoti fellowships were started in the year of 1990 . In 2005-06, 390 students were given awards. This year about 1000 students have appeared to qualify for the Jyoti Fellowship out of which 400 students will be selected for the scholarship.
Sourced From : Vaishnavi Corporate Communications
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On October 21, 2014, Tata Steel closed at Rs 455.80, up Rs 5.65, or 1.26 percent. The 52-week high of the share was Rs 578.60 and the 52-week low was Rs 308.90.
The company's trailing 12-month (TTM) EPS was at Rs 75.41 per share as per the quarter ended June 2014. The stock's price-to-earnings (P/E) ratio was 6.04. The latest book value of the company is Rs 629.60 per share. At current value, the price-to-book value of the company is 0.72.
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