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Tata Power Company Ltd down for fifth straight session

Capital Market 

Tata Power Company Ltd is quoting at Rs 67.25, down 1.82% on the day as on 13:24 IST on the NSE. The stock tumbled 6.86% in last one year as compared to a 5.13% rally in NIFTY and a 12.28% spurt in the Nifty Energy index.

Tata Power Company Ltd is down for a fifth straight session today. The stock is quoting at Rs 67.25, down 1.82% on the day as on 13:24 IST on the NSE. The benchmark NIFTY is down around 0.4% on the day, quoting at 11509.5. The Sensex is at 38631.17, down 0.26%.Tata Power Company Ltd has added around 1.36% in last one month.Meanwhile, Nifty Energy index of which Tata Power Company Ltd is a constituent, has eased around 4.56% in last one month and is currently quoting at 15587.5, down 0.62% on the day. The volume in the stock stood at 32.14 lakh shares today, compared to the daily average of 66.92 lakh shares in last one month.

The benchmark July futures contract for the stock is quoting at Rs 67.4, down 1.82% on the day. Tata Power Company Ltd tumbled 6.86% in last one year as compared to a 5.13% rally in NIFTY and a 12.28% spurt in the Nifty Energy index.

The PE of the stock is 48.2 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: Wed, July 10 2019. 13:35 IST
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