Tata Steel Rises 4%, Group Stocks Crash Up To 9% After Board Okays Mega Merger Scheme
Tata Steel Merger: Tata Steel shares rose 4 per cent to Rs 107.90 on the BSE in Friday’s intra-day trade after the company’s board approved the amalgamation of seven group companies with itself. However, TRF, Tinplate, Tata Steel Long Products, and Tata Metaliks shares fell in Friday’s trade. Tata Steel Long Products dipped 9 per cent … Read more
