Tata Steel dropped nearly 3 percent to a low of Rs. 272 on turning ex-dividend today.The stock price was adjusted for Rs. 8 per share dividend.
The stock has recently registered a fresh 52-week low at Rs. 268, and is now down 2.6 percent at Rs. 273. The counter has seen trades of around 125,000 shares in the first few minutes on the BSE.
Meanwhile, the Sensex is up 43 points at 28,548.
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