Tata Steel Ltd Trades 11.4 Million Shares, Notable 2.64% Decline 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 11,443,674 shares and a total traded value of approximately Rs 194.44 crores. The stock opened at Rs 172.22 and reached a day high of Rs 173.37, but also experienced a day low of Rs 167.83, reflecting a decline of 2.64% during the trading session. Currently, the last traded price stands at Rs 168.65.
Despite being close to its 52-week high of Rs 174.44, Tata Steel has underperformed its sector by 0.91% today. The stock has been on a downward trend, experiencing a consecutive fall over the last three days, resulting in a total decline of 2.7% during this period. Notably, the delivery volume on September 25 was 94.43 lakhs, which marks a significant drop of 19.66% compared to the five-day average delivery volume.

Tata Steel maintains a market capitalization of Rs 2,13,468 crores, categorizing it as a large-cap stock. Overall, while the stock has shown notable activity, it is currently navigating through a challenging phase in the market.