Tata Steel Slides Monday, Underperforms Market

Dow Jones08-31 18:31

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

Tata Steel Ltd. shares slid 1.18% to 184.00 Indian rupees Monday, on what proved to be an all-around dismal trading session for the stock market, with the BSE SENSEX Index falling 0.40% to 76,957.27.

Tata Steel Ltd. closed 18.00% below 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 Monday, as Pennar Industries Ltd. rose 2.31% and Sarda Energy & Minerals Ltd. fell 1.92%. Steel Authority of India Ltd. fell 2.50%.

Trading volume totaled 1.3 million, compared to the 50-day average of 1.7 million.

Data source: Dow Jones Market Data, FactSet

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