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Tata Power Company Ltd eases for fifth straight session

·1-min read

Tata Power Company Ltd dropped for a fifth straight session today. The stock is quoting at Rs 76.65, down 3.28% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 1.17% on the day, quoting at 14072.2. The Sensex is at 47747.55, down 1.24%.Tata Power Company Ltd has lost around 0.71% in last one month.Meanwhile, Nifty Energy index of which Tata Power Company Ltd is a constituent, has eased around 2.45% in last one month and is currently quoting at 16772.3, down 1.09% on the day. The volume in the stock stood at 289.53 lakh shares today, compared to the daily average of 316.06 lakh shares in last one month.

The benchmark January futures contract for the stock is quoting at Rs 76.15, down 4.09% on the day. Tata Power Company Ltd jumped 26.17% in last one year as compared to a 16.73% rally in NIFTY and a 7.98% spurt in the Nifty Energy index.

The PE of the stock is 0 based on TTM earnings ending September 20.



Source: Capitalmarket.com