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Tata Global Beverages under bearish spell

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Tata Global Beverages Ltd is quoting at Rs 262.8, down 0.28% on the day as on 13:24 IST on the NSE. The stock tumbled 4.35% in last one year as compared to a 5.53% rally in NIFTY and a 1.25% fall in the Nifty FMCG index.

Tata Global Beverages Ltd is down for a fifth straight session today. The stock is quoting at Rs 262.8, down 0.28% on the day as on 13:24 IST on the NSE. The benchmark NIFTY is down around 0.05% on the day, quoting at 11552.7. The Sensex is at 38686.77, down 0.09%.Tata Global Beverages Ltd has added around 4% in last one month.Meanwhile, Nifty FMCG index of which Tata Global Beverages Ltd is a constituent, has eased around 3.35% in last one month and is currently quoting at 29594.65, down 0.85% on the day. The volume in the stock stood at 14.02 lakh shares today, compared to the daily average of 25.23 lakh shares in last one month.

The benchmark July futures contract for the stock is quoting at Rs 263.75, down 0.43% on the day. Tata Global Beverages Ltd tumbled 4.35% in last one year as compared to a 5.53% rally in NIFTY and a 1.25% fall in the Nifty FMCG index.

The PE of the stock is 42.98 based on TTM earnings ending March 19.

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

First Published: Tue, July 09 2019. 13:35 IST
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