Shares of Tata Steel Ltd. 500470, -2.36% shed 2.36% to 140.75 Indian rupees Wednesday, on what proved to be an all-around poor trading session for the stock market, with the S&P BSE Sensex Index 1, -1.08% falling 1.08% to 72,304.88.
Tata Steel Ltd. closed 6.60 rupees short of its 52-week high (147.35 rupees), which the company achieved on February 7.
Despite its losses, the stock outperformed some of its competitors Wednesday, as Pennar Industries Ltd. 513228, -2.65% fell 2.65% to 135.75 rupees and Sarda Energy & Minerals Ltd. 504614, -3.17% fell 3.17% to 207.50 rupees.
Trading volume (1.0 M) remained 2.2 million below its 50-day average volume of 3.3 M.