Tata Steel shares slide 1.20% in rough market session
Updated
Updated · MarketWatch · May 8
Tata Steel shares slide 1.20% in rough market session
6 articles · Updated · MarketWatch · May 8
The stock closed at 214.45 rupees on Friday as the BSE Sensex fell 0.66% to 77,328.19.
Tata Steel ended 2.19% below its 52-week high of 219.25 rupees, reached on 7 May.
It outperformed Steel Authority of India, down 1.28%, but lagged Pennar Industries and Sarda Energy; volume was 507,880 against a 50-day average of 2.0 million.
With its Indian business booming and Europe failing, which side will ultimately define Tata Steel's future?
Can Tata Steel's green push outpace Europe's carbon taxes and Mideast supply chain chaos?