Tata Steel to consider stock split on May 3

Mumbai: Tata Steel's board will be considering a stock split at its meeting on May 3, as per a regulatory filing on Sunday evening. The ratio of the split will be decided at the board meeting, the company said. The stock of Tata Steel had closed at ₹1,319.25 on Friday on the BSE. It has appreciated more than 15% since the beginning of the year on the back of the company's strong financials owing to high steel rates.