Tata Steel share price ends at ₹187.29; rises 2.34% on September 17

Key Takeaways

• Tata Steel gained ₹4.29 or 2.34% to close at ₹187.29 after moving between the rounded levels of ₹183 and ₹190. 
• More than 30.13 million shares traded, making volume one of the most prominent figures in the September 17 session. 
• The closing price was within ₹3.41 of each cited moving average, including only ₹0.51 below the 50-day DMA. 

Tata Steel share price finished September 17 at ₹187.29, a gain of ₹4.29 or 2.34%. The stock opened at ₹183, matching both the rounded previous close and the displayed session low. It then advanced to a high of ₹190 before settling below that level. The rounded high-low span measured ₹7. 

Trading volume was particularly large at 30,134,128 shares. Market capitalisation stood at ₹2,33,804 crore. Tata Steel's 52-week range extended from ₹160 to ₹224. The latest closing price was ₹27.29 above the annual low and ₹36.71 below the high. 

The stock finished unusually close to all three displayed moving averages. Its 50-day DMA was ₹187.80, only ₹0.51 above the close. The 100-day DMA stood at ₹190.70, a difference of ₹3.41. The 200-day measure was ₹188.70, leaving just ₹1.41 between that figure and the September 17 closing price. 

Return readings were mixed but mostly positive. Tata Steel recorded 2.07% over one month and -4.44% over three months. The six-month return was slightly positive at 0.19%, while the one-year figure stood at 8.88%. 

September 17 began at the lower boundary of the day's range and moved upward from there. From ₹183, Tata Steel gained as much as ₹7 on the displayed values before ending at ₹187.29. Its 2.34% daily increase came with more than 30 million shares of volume. The final price remained almost aligned with the 50-day and 200-day DMAs, while the 100-day measure was only a few rupees higher. The annual high and low were also relatively close in absolute terms compared with higher-priced constituents, leaving the latest share price around the central portion of its ₹64 52-week range.