Tata Steel Ltd Surges with 59.5 Million Shares Traded Today

Tata Steel Ltd, a prominent player in the Ferrous Metals industry, has emerged as one of the most active equities by volume today. The stock, trading under the symbol TATASTEEL, recorded a total traded volume of 59,507,500 shares, with a total traded value of approximately Rs 107,524.10 lakhs. The stock opened at Rs 177.35 and reached a day high of Rs 182.06, while the day low was Rs 177.02. As of the latest update, the last traded price stands at Rs 181.65.
Notably, Tata Steel achieved a new 52-week high of Rs 185 today, reflecting its strong performance in the market. The stock has been on an upward trajectory, gaining for six consecutive days and delivering a total return of 7.5% during this period. It is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a robust trend.

Investor participation has also seen a significant increase, with a delivery volume of 2.68 crore shares on October 28, marking a rise of 130.15% compared to the 5-day average delivery volume. The stock's liquidity remains favorable, accommodating trade sizes of Rs 11.03 crore based on 2% of the 5-day average traded value. Overall, Tata Steel's performance today aligns well with sector trends, showcasing its strong market position.