Tata Steel Dips 9% Intraday, Closes Slightly Up Amid Trade War Worries, Output Concerns

7th April, 2025 / 3:30 PM

Tata Steel share prices touched ₹128 today, which was a massive 9% lower than the 4th April closing price of ₹140.67. Also, this was the third day in succession when the share prices were lower than their closing prices at opening. At midday, the prices touched ₹128.05, which was only 0.03% higher than the opening price. The stock witnessed dramatic peaks and plunges throughout the day, touching ₹125.52 on the low and then going up to ₹128.98 before settling at the midday figure.

The closing price of ₹130.20 was 1.71% higher than the opening price and does not reflect the recent impact of news updates regarding growth concerns for Tata Steel amidst trade wars and other geopolitical developments. At the same time, its crude steel production has fallen though India deliveries have increased in Q4. How will this play out over the next few days? Let’s wait and watch.

7th April, 2025 / 12:30 PM

With U.S. President Donald Trump’s reciprocal tariff announcements impacting the stock, Tata Steel share prices opened at ₹128 today, a whopping 9% lower than the closing price on 4th April, which was ₹140.67. However, by midday, the stock has gone up just marginally over the opening price, touching ₹128.05, which indicates growth of just 0.03%.

It has been a day of drastic peaks and troughs for the stock, which hit a low of ₹125.52 and also went up to ₹128.98 as part of the initial peak. It has now mostly stabilized in the broader downward pattern and has reached the midday figures. Will there be some recovery or further value erosion by day-end? Let’s wait to find out.

7th April, 2025 / 9:30 AM

Tata Steel opened at ₹128 today (7th April), which is 9% lower in comparison to the closing price of ₹140.67 on 4th April. The opening price for the date was 0.79% less than the closing price of ₹153.85 on 3rd April. The closing prices on 3rd April were higher by 0.55% in comparison to the opening figures. The closing prices for 4th April were about 7.82% lower than the opening prices for the day. 

Tata Steel share prices may be impacted by news of reciprocal tariff announcements by U.S. President Donald Trump. This was the third consecutive day when the share prices opened below the closing price. Will the share prices bounce back again? Time will tell how it pans out by midday.

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