Tata Steel extends rally, closes at Rs. 157.25 after touching day’s high of Rs. 159.15

Tata Steel settled at Rs 157.25, posting a handsome gain of 3.73% over its last close.

Tata Steel shares witnessed a strong upward move on Thursday, March 7th, 2024, with the stock price surging nearly 4% during the session. The counter opened higher at Rs 152.40 compared to the previous close of Rs 151.60. Buying momentum strengthened as the day progressed, pushing Tata Steel to an intraday high of Rs 159.15.

 

The intraday low was marked at Rs 152.25, not far from the opening level. Profit-booking emerged at higher levels but could not dent the gains significantly. Tata Steel finally settled at Rs 157.25, posting a handsome gain of 3.73% over its last close.

 

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The uptrend was backed by trading volumes of Rs 196,323.01 lakhs. As of Thursday’s close, Tata Steel commands a market capitalization of around Rs 196,303 crores.