Today, Tata Steel is hovering near 606, down Rs 35.2, or 5.49% in morning trades.

It has also touched an intraday high of Rs 630 and an intraday low of Rs 605. Its trading volume stood at 139,688 shares.

On Tuesday (14 August), the share closed weak at Rs 641.70, down 0.37% or Rs 2.40.

Tata Steel is India’s biggest incorporated private sector steel company, which was established in 1907.

The company’s steel plant at Jamshedpur manufactures four million tonnes of hot and cold rolled flat and long products. It has won the Prime Minister's Trophy four times. This prize is founded by the Indian steel ministry and presented to the country's best integrated steel plant.

In 2000, it became the first Tata Company to win the JRD Tata QV award, given to the company with 'world class' operations under the Group's Tata Business Excellence