India, July 14 -- The shares of this leading steel producer were in focus after HSBC reaffirmed its 'Buy' rating, stating that the Netherlands criminal proceedings relate to limited historical incidents and are unlikely to materially impact the company's fundamentals or growth prospects.

With a market capitalisation of Rs. 2,35,687 cr, the shares of Tata Steel Ltd were trading at Rs. 188.80 per share, up from its previous close of Rs. 187.15 per share. The stock has delivered an 18% return over the past year, gained 4% year-to-date, remained flat over the last six months, and declined 4% in the past month.

What's the News The Dutch Public Prosecution Office (PPO) has summoned Tata Steel IJmuiden B.V. (TSIJ), a material wholly owned subs...