Tata Steel Slips Monday, Underperforms Competitors

Dow Jones10-12 18:31

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

Shares of Tata Steel Ltd. inched down 0.75% to 172.30 Indian rupees Monday, on what proved to be an all-around rough trading session for the stock market, with the BSE SENSEX Index falling 0.76% to 71,924.68.

Tata Steel Ltd. closed 23.22% 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 0.70% and Sarda Energy & Minerals Ltd. fell 0.38%. Steel Authority of India Ltd. fell 0.32%.

Trading volume totaled 796,212, compared to the 50-day average of 1.4 million.

Data source: Dow Jones Market Data, FactSet

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