TATASTEEL

shares rise 2.5% as company signals big capex cycle ahead; should you buy?

Tata Steel Share Price, Capex Plan: Shares of Tata Steel are in high demand today (December 12) as the company signalled another big capex cycle ahead in its latest concall. Tata Steel shares extended the winning streak to the third straight day today as the counter opened in the green at Rs 167.60 on NSE and made a high of Rs 170.70, up more than 2.60 per cent. Around 11:30 AM, Tata Steel shares traded firmly in the green at quote 2.35 per cent higher at Rs 170.30 on NSE. As many as 1.35 crore shares of the Tata company changed hands around the same time. On the BSE, Tata Steel shares traded at Rs 170.35 with spurt in Volume by more than 1.36 times.