Tata Steel Ltd Sees Rs 35,536.49 Lakhs in Total Traded Value Today

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 20,148,832 shares and a total traded value of approximately Rs 35.54 crore. The stock opened at Rs 172.79 and reached a new 52-week high of Rs 177.82 during the trading session, closing at Rs 176.55, reflecting a 2.68% increase for the day.
Over the past three days, Tata Steel has shown a consistent upward trend, gaining 4.29% in returns. Notably, the stock has outperformed its sector by 1.68%, indicating strong relative performance. It is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a robust position in the market.

However, there has been a decline in investor participation, with delivery volume dropping by 22.96% compared to the 5-day average. Despite this, the stock remains liquid enough for trades of up to Rs 8.59 crore, based on 2% of the 5-day average traded value. Overall, Tata Steel's performance today highlights its significant activity and market presence within the large-cap segment.