Tata Steel’s admixture scheme may not move the needle on the stock 

Tata SteelLtd. on Friday said it'll combine with itself six of its accessories and an associate company.

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These include listed realities similar as Tata Steel Long Products Ltd( TSLP),

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The Tinplate Company of India Ltd( TCIL), Tata Metaliks Ltd( TML) and TRFLtd.

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For every ten shares of TSLP, Tata Steel shall lot its 67 shares to TSLP’s shareholders( 6710).

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This scheme is in line with Tata Steel’s strategy of simplifying the group structure.

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The admixture would enable solidarity in logistics, procurement, strategy and expansion systems.

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Shares of Tata Steel rose just1.5 on Friday on the National Stock Exchange

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In any case, shares of these sword companies are far from their separate 52- week highs.

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