Tata Steel Falls Friday, Underperforms Market

Dow Jones

Sep 25

This article was automatically generated by MarketWatch using technology from Automated Insights.

Shares of Tata Steel Ltd. inched down 0.37% to 187.70 Indian rupees Friday, on what proved to be an all-around favorable trading session for the stock market, with the BSE SENSEX Index rising 0.43% to 73,895.74.

Tata Steel Ltd. closed 16.35% 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 Friday, as Pennar Industries Ltd. rose 3.39% and Sarda Energy & Minerals Ltd. fell 1.06%. Steel Authority of India Ltd. rose 0.54%.

Trading volume totaled 680,679, compared to the 50-day average of 1.4 million.

Data source: Dow Jones Market Data, FactSet

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