Shares of Tata Steel Ltd. 500470, +0.29% inched up 0.29% to 139.90 Indian rupees Monday, on what proved to be an all-around positive trading session for the stock market, with the S&P BSE Sensex Index 1, +0.04% rising 0.04% to 72,271.94.
Tata Steel Ltd. closed 1.30 rupees short of its 52-week high (141.20 rupees), which the company achieved on December 29.
The stock underperformed when compared to some of its competitors Monday, as Pennar Industries Ltd. 513228, +1.73% rose 1.73% to 126.70 rupees and Sarda Energy & Minerals Ltd. 504614, +0.49% rose 0.49% to 254.25 rupees.
Trading volume (1.6 M) remained 829,219 below its 50-day average volume of 2.4 M.