Tata Steel Limited witnessed a sharp decline in its market capitalization on October 8, 2024, as the stock fell by 3.10%. The stock opened at ₹163.00 and reached a low of ₹156.70 before settling at ₹159.27, down from its previous close of ₹164.36.
Due to this significant drop, Tata Steel’s market capitalization fell by approximately ₹6,376 crores, bringing the total market cap to ₹1,98,825.14 crores. The decline comes amid a broader market downturn, with heavy selling pressure on metal stocks.
The company traded a volume of 512.91 lakh shares with a traded value of ₹814.86 crores.
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