Tata Steel Closes at ₹153.98, Drops 0.90%; Green Steel Projects in Focus

28th March, 2025 / 3:30 PM

Tata Steel share prices closed at ₹153.98 today (March 28) as compared to ₹155.38 at the opening. This indicates a slight drop of 0.90% from the opening threshold. The opening price was also 0.02% lower than the closing price of ₹155.42 on March 27. At the same time, the March 27 opening price of ₹154.80 was also lower in comparison to the March 26 closing price of ₹155.81. Hence, the stock did open lower than its closing price for three days in succession.

By midday, the share price stood at ₹154.10, and this was about 0.82% lower than the opening price. Also, there was a peak to ₹156.54 initially before a slump to around ₹154.06 and a sluggish curve throughout the day. This fall in prices comes as a natural continuation of the stock price trends by midday. Tata Steel is currently focusing on several new projects, including green steel manufacturing and these developments may impact the stock price in the future. 

28th March, 2025 / 12:30 PM

Tata Steel share prices have touched ₹154.10 by midday, which indicates a drop of 0.82% from the opening price of ₹155.38. This comes after the stock opened slightly lower than its closing price yesterday. The stock peaked early, touching ₹156.54 after initial trading, before displaying a mostly-downward curve and hitting a low of ₹154.06 sometime later. It did recover slightly but has started plunging again, hitting the midday figure mentioned above.

It is now a matter of debate as to whether Tata Steel will manage to recover and post gains by the end of the day or whether it will close out even lower than the opening price. News of its upcoming green steel-making venture could also affect stock prices going forward. 

28th March, 2025 / 9:30 AM

Tata Steel share prices opened at ₹155.38 on March 28 (today), which is around 0.02% lower than the closing price of ₹155.42 at closing yesterday (March 27). Interestingly, the opening price on March 27 was ₹154.80, which was lower than the closing price of ₹155.81 on March 26. Hence, the stock has actually opened lower than the closing price for three straight days. 

There has been news of the company initiating a mega green steel making project and other positive developments, although they have not led to a major surge in stock prices. It remains to be seen how they play out in today’s trading session. 

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