Tata Steel share price jumps 3.5% to hit fresh record high

Tata Steel’s stock posted gains on Saturday, closing 3.52% higher supported by strong volumes.

Tata Steel’s share price opened at Rs 152 on Saturday, 2nd March 2024, versus the previous close of Rs 149.95. Over the trading session, the intraday low touched Rs 151 while the intraday high reached Rs 156.20 which is also the record high for the stock. The stock ultimately closed at Rs 155.25, reflecting a gain of 3.52% over the last closing price.

The total traded value for Tata Steel stood at Rs 33,600.83 lakhs on the day. With a sizable market capitalization of Rs 1,93,806 crores, Tata Steel is among the leading steel manufacturers in India.

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The positive price movement indicates investor interest in the stock was sustained. The trading volumes were high. In conclusion, Tata Steel’s stock posted gains on Saturday, closing 3.52% higher supported by strong volumes.