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Tata Power Company Ltd stays slippery

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Capital Market

Tata Power Company Ltd is quoting at Rs 205.65, down 4.7% on the day as on 13:24 IST on the NSE. The stock jumped 197.83% in last one year as compared to a 23.81% rally in NIFTY and a 33.92% spurt in the Nifty Energy index.

Tata Power Company Ltd is down for a fifth straight session today. The stock is quoting at Rs 205.65, down 4.7% on the day as on 13:24 IST on the NSE. The benchmark NIFTY is down around 2.84% on the day, quoting at 16502. The Sensex is at 55491.94, down 2.67%.Tata Power Company Ltd has lost around 9.66% in last one month.Meanwhile, Nifty Energy index of which Tata Power Company Ltd is a constituent, has eased around 5.13% in last one month and is currently quoting at 22755.75, down 3.62% on the day. The volume in the stock stood at 347.31 lakh shares today, compared to the daily average of 569.27 lakh shares in last one month.

 

The benchmark December futures contract for the stock is quoting at Rs 206.8, down 4.28% on the day. Tata Power Company Ltd jumped 197.83% in last one year as compared to a 23.81% rally in NIFTY and a 33.92% spurt in the Nifty Energy index.

The PE of the stock is 23.85 based on TTM earnings ending September 21.

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First Published: Dec 20 2021 | 1:35 PM IST

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