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Tata Power Company Ltd in demand

Capital Market 

Tata Power Company Ltd is quoting at Rs 60.65, up 0.75% on the day as on 12:44 IST on the NSE. The stock is down 20.72% in last one year as compared to a 12.88% jump in NIFTY and a 12.48% jump in the Nifty Energy.

Tata Power Company Ltd gained for a fifth straight session today. The stock is quoting at Rs 60.65, up 0.75% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is down around 0.56% on the day, quoting at 12293.1. The Sensex is at 41702.19, down 0.6%. Tata Power Company Ltd has gained around 10.27% in last one month.

Meanwhile, Nifty Energy index of which Tata Power Company Ltd is a constituent, has gained around 0.29% in last one month and is currently quoting at 16053.25, down 0.21% on the day. The volume in the stock stood at 36.36 lakh shares today, compared to the daily average of 62.68 lakh shares in last one month.

The benchmark January futures contract for the stock is quoting at Rs 60.75, up 0.66% on the day. Tata Power Company Ltd is down 20.72% in last one year as compared to a 12.88% jump in NIFTY and a 12.48% jump in the Nifty Energy index.

The PE of the stock is 19.36 based on TTM earnings ending September 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, January 15 2020. 13:00 IST
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