Tata Steel share price today: Tata Steel shares closed at Rs 103.16 on April 29, 2021, the first instance it crossed the key Rs 100 mark. However, the stock is yet to hit the Rs 150 mark.
Tata Steel shares rose 0.28% to close at Rs 107.90 on Friday against the previous close of Rs 107.60 on BSE. Total 12.93 lakh shares of the firm changed hands amounting to a turnover of Rs 13.95 crore.
Shares of Tata Steel have tumbled 41 per cent from their 52-week high amid highly volatile domestic market impacted by negative global cues. Tata Steel stock, which hit a 52-week high of Rs 1,534.60 on August 16, 2021 is currently trading at Rs 906, translating into a decline of 41 per cent during the period.
Shares of Tata Steel fell amid a rising market today after the Tata Group firm said it would stop doing business with Russia, making it the latest global company to cut ties with the country for invading Ukraine.
"Tata Steel does not have any operations or employees in Russia. We have taken a conscious decision to stop doing business with Russia," the company said. The company imports coal from Russia for its steelmaking process.
The large cap stock touched an intraday low of Rs 1,286, down 2.11 per cent against the previous close of Rs 1313.70 on BSE.
Shares of Tata Steel rose today as the Tata Group firm said the board would on May 3 consider a proposal to split the stock and also recommend a dividend.
The large cap stock opened at Rs 1,335 against the previous closes of Rs 1319.25 on BSE. Tata Steel shares further rose 2.31% to Rs 1,349.80 in early trade. The stock has gained after three sessions of fall.