Tata Steel Sees Surge in Trading Volume and Increased Delivery Activity

Tata Steel Ltd, a prominent player in the Ferrous Metals industry, has emerged as one of the most active equities today, with a total traded volume of 19,226,585 shares and a total traded value of approximately Rs 30,251.11 lakhs. The stock opened at Rs 158.00 and reached an intraday high of Rs 159.00, reflecting a gain of 2.38% during the trading session. The last traded price (LTP) stands at Rs 157.45, indicating a 1.38% increase for the day, which is in line with the sector's performance, which saw a 1.15% rise.
Tata Steel's performance is noteworthy as it remains above its 100-day and 200-day moving averages, although it is currently below its 5-day, 20-day, and 50-day moving averages. Additionally, the stock has experienced a significant increase in delivery volume, with a rise of 240.43% compared to the 5-day average, reaching 3.05 crore shares on August 14. The liquidity of the stock is also favorable, accommodating trade sizes of Rs 7.58 crore based on 2% of the 5-day average traded value.

In summary, Tata Steel's trading activity today reflects robust engagement and performance metrics, underscoring its position in the large-cap market with a market capitalization of Rs 1,93,869.00 crore.