Tata Steel Ltd spurts 0.86%, rises for fifth straight session
Tata Steel Ltd gained for a fifth straight session today. The stock is quoting at Rs 157.74, up 0.86% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is up around 0.62% on the day, quoting at 25402.2. The Sensex is at 83287.99, up 0.64%. Tata Steel Ltd has slipped around 2.42% in last one month.
Meanwhile, Nifty Metal index of which Tata Steel Ltd is a constituent, has slipped around 1.17% in last one month and is currently quoting at 9329.2, up 0.8% on the day. The volume in the stock stood at 184.7 lakh shares today, compared to the daily average of 221.77 lakh shares in last one month.
The benchmark June futures contract for the stock is quoting at Rs 157.59, up 0.66% on the day. Tata Steel Ltd is down 9.43% in last one year as compared to a 5.65% spurt in NIFTY and a 3.72% spurt in the Nifty Metal index.
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Ankush Bajaj is a Sebi-registered research analyst. His registration number is INH000010441. Investments in securities are subject to market risks. Read all the related documents carefully before investing. Registration granted by Sebi and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors. Disclaimer: The views and recommendations given in this article are those of individual analysts. These do not represent the views of Mint. We advise investors to check with certified experts before making any investment decisions.
