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Tata Consumer Products Ltd sees good buying

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Tata Consumer Products Ltd is quoting at Rs 519, up 0.55% on the day as on 12:44 IST on the NSE. The stock is up 70% in last one year as compared to a 7.99% spurt in NIFTY and a 0.3% spurt in the Nifty FMCG.

Tata Consumer Products Ltd gained for a fifth straight session today. The stock is quoting at Rs 519, up 0.55% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is up around 0.42% on the day, quoting at 12834.55. The Sensex is at 43878.14, up 0.55%. Tata Consumer Products Ltd has risen around 9.07% in last one month.

Meanwhile, Nifty FMCG index of which Tata Consumer Products Ltd is a constituent, has risen around 3.96% in last one month and is currently quoting at 31336.1, down 0.24% on the day. The volume in the stock stood at 18.01 lakh shares today, compared to the daily average of 45.09 lakh shares in last one month.

The benchmark November futures contract for the stock is quoting at Rs 519.4, up 0.63% on the day. Tata Consumer Products Ltd is up 70% in last one year as compared to a 7.99% spurt in NIFTY and a 0.3% spurt in the Nifty FMCG index.

The PE of the stock is 70.44 based on TTM earnings ending September 20.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

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First Published: Tue, November 17 2020. 13:01 IST
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