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Tata Power Company Ltd drops for fifth straight session

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Capital Market

The stock is quoting at Rs 68.95, down 0.72% on the day as on 13:19 IST on the NSE. Tata Power Company Ltd tumbled 16.17% in last one year as compared to a 0.89% slide in NIFTY and a 5.65% fall in the Nifty Energy index.

Tata Power Company Ltd fell for a fifth straight session today. The stock is quoting at 68.95, down 0.72% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is up around 0.56% on the day, quoting at 10203.85. The Sensex is at 34055.93, up 0.62%.Tata Power Company Ltd has eased around 1.92% in last one month.Meanwhile, Nifty Energy index of which Tata Power Company Ltd is a constituent, has eased around 12.59% in last one month and is currently quoting at 13611.85, down 0.21% on the day. The volume in the stock stood at 14.44 lakh shares today, compared to the daily average of 70.39 lakh shares in last one month.

 

The benchmark October futures contract for the stock is quoting at Rs 69.25, down 0.14% on the day. Tata Power Company Ltd tumbled 16.17% in last one year as compared to a 0.89% slide in NIFTY and a 5.65% fall in the Nifty Energy index.

The PE of the stock is 15.98 based on TTM earnings ending June 18.

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First Published: Oct 24 2018 | 1:35 PM IST

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