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Shares of Tata Steel Ltd. slid 1.76% to 184.65 Indian rupees Wednesday, on what proved to be an all-around poor trading session for the stock market, with the BSE SENSEX Index falling 0.07% to 72,480.29.
Tata Steel Ltd. closed 17.71% below its 52-week high of 224.40 rupees, which the company reached on May 15th.
The stock underperformed when compared to some of its competitors Wednesday, as Pennar Industries Ltd. rose 1.58% and Sarda Energy & Minerals Ltd. fell 0.75%. Steel Authority of India Ltd. fell 0.18%.
Trading volume totaled 2.5 million, compared to the 50-day average of 1.3 million.
Data source: Dow Jones Market Data, FactSet