Tata Steel regains Rs 1 trillion m-cap; stock hits over 12-year high

Tata Steel regained market capitalisation (market-cap) of Rs 1 trillion in Thursday's intra-day trade after the stock hit its highest level since June 2008, on healthy operational performance and expectation of improvement in the company's outlook. In the past one week, the stock has rallied 16 per cent, against 2.2 per cent rise in the S&P BSE Sensex.

Tata Steel’s market-cap hit Rs 1-trillion (Rs 100,053 crore) after the stock hit a high of Rs 836.15, up 3 per cent on the BSE in intra-day trade today. At 11:17 am, the scrip was trading 2.6 per cent higher at Rs