Subscribe to Tata Steel FPO with long term view: KR Choksey

Follow-on public offer of country's largest steel maker Tata Steel is opened for subscription. KR Choksey Securities has recommended subscribing the issue with a long term perspective.

January 20, 2011 / 17:29 IST

26 Aug, 2025 12:21

Volume

Todays L/H

Follow-on public offer of country's largest steel maker Tata Steel is opened for subscription. KR Choksey Securities has recommended subscribing the issue with a long term perspective.

The company has fixed a price band at Rs 594-610 a share for issue of 5.7 crore ordinary equity shares.

According to KR Choksey, India's steel demand is expected to grow by 9 -10%, while Chinese demand is expected to grow by 8-9 %. "We expect TSL

first published: Jan 20, 2011 11:38 am

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Subscribe to Tech Newsletters

Al Edge Newsletter On Saturdays

Find the best of Al News in one place, specially curated for you every weekend.
MC Tech 3 Newsletter Daily-Weekdays

Stay on top of the latest tech trends and biggest startup news.