Tata Power Company Ltd rose for a third straight session today. The stock is quoting at Rs 51.15, up 2.92% on the day as on 12:54 IST on the NSE. The benchmark NIFTY is up around 0.92% on the day, quoting at 11317.25. The Sensex is at 38345.67, up 0.8%. Tata Power Company Ltd has added around 3.02% in last one month.
Meanwhile, Nifty Energy index of which Tata Power Company Ltd is a constituent, has added around 5.03% in last one month and is currently quoting at 15498.05, up 0.54% on the day. The volume in the stock stood at 184.48 lakh shares today, compared to the daily average of 207.41 lakh shares in last one month.
The benchmark August futures contract for the stock is quoting at Rs 51.4, up 2.8% on the day. Tata Power Company Ltd is down 8.25% in last one year as compared to a 3.58% gain in NIFTY and a 8.02% gain in the Nifty Energy index.
The PE of the stock is 58.41 based on TTM earnings ending March 20.