Tata Steel Plunges Yet Again to Post A Fall Of 2.16% By Closing

9th April, 2025 / 3:30 PM

Tata Steel share prices have been impacted by news of impending trade wars and resulting anxieties among investors and also the Trump tariffs. News has also trickled in about the company shutting down loss-making UK furnaces and focusing on its India business for growth. It has also cut about 20% of its Dutch workforce as per the latest reports. The stock opened at ₹130 today, indicating a drop of 0.21% from yesterday’s closing price of ₹130.28. The closing figures were also lower than yesterday’s opening price of ₹134.89.

At midday, the prices touched ₹127.84, which was about 1.66% lower than the opening price, and this came after an initial drop and then a rise to ₹129.64 and eventually a fall to ₹125.54. The closing price for the stock today is ₹127.18, and this is 2.16% lower than the opening figures, indicating that the midday slump has continued till the end of the day. 

9th April, 2025 / 12:30 PM

Tata Steel share prices were trading at ₹127.84 by midday, which is approximately 1.66% lower than the opening price of ₹130 for the day. This indicates a slump for the stock and a continuation of the trend when it opened 0.21% lower than the closing price of ₹130.28 yesterday. At the same time, the latter was also 3.41% lower than the opening price of ₹134.89 on 8th April.

Hence, the downward curve has been pronounced for the company, with share prices hitting ₹129.64 after the initial dip and then plunging to ₹125.54 before going up to the midday numbers thereafter. Tata Steel is still on the edge due to tariffs, trade wars, and other anxieties revolving around its future prospects. 

9th April, 2025 / 9:30 AM

Tata Steel share prices have dipped by 0.21% at opening today, touching ₹130 in comparison to the closing price of ₹130.28 yesterday. Interestingly, the latter was also 3.41% lower than the opening price of ₹134.89 on 8th April. This opening price was sizably more than the closing prices on 7th April as well, while the latter was also higher than the opening price for the date. Tata Steel looks to be on a slight downward curve again and it remains to be seen how share prices pan out by midday. 

The company could be affected by Trump tariffs and the impact of possible trade wars in the future. However, the bright spot has been its decision to close its loss-making UK furnaces with a view towards focusing more on growth prospects in India. 

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