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Tata Steel Ltd. shares inched down 0.61% to 178.00 Indian rupees Monday, on what proved to be an all-around favorable trading session for the stock market, with the BSE SENSEX Index rising 0.66% to 72,382.47.
Tata Steel Ltd. closed 20.68% short of 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 Monday, as Pennar Industries Ltd. rose 2.94% and Sarda Energy & Minerals Ltd. rose 1.37%. Steel Authority of India Ltd. rose 1.40%.
Trading volume totaled 1.2 million, compared to the 50-day average of 1.4 million.
Data source: Dow Jones Market Data, FactSet