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Tata Steel Ltd. shares rose 2.42% to 188.55 Indian rupees Wednesday, on what proved to be an all-around dismal trading session for the stock market, with the BSE SENSEX Index falling 1.08% to 74,764.23.
Tata Steel Ltd. closed 15.98% short of its 52-week high of 224.40 rupees, which the company achieved on May 15th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Pennar Industries Ltd. fell 1.63% and Sarda Energy & Minerals Ltd. rose 5.17%. Steel Authority of India Ltd. rose 0.16%.
Trading volume totaled 1.6 million, compared to the 50-day average of 1.4 million.
Data source: Dow Jones Market Data, FactSet