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Tata Power Company Ltd slips for fifth straight session

Capital Market 

Tata Power Company Ltd is quoting at Rs 64.6, down 0.84% on the day as on 13:24 IST on the NSE. The stock tumbled 13.87% in last one year as compared to a 8.4% rally in NIFTY and a 13.22% spurt in the Nifty Energy index.

Tata Power Company Ltd is down for a fifth straight session today. The stock is quoting at Rs 64.6, down 0.84% on the day as on 13:24 IST on the NSE. The benchmark NIFTY is down around 0.98% on the day, quoting at 11707.15. The Sensex is at 39071.74, down 0.96%.Tata Power Company Ltd has lost around 1.75% in last one month.Meanwhile, Nifty Energy index of which Tata Power Company Ltd is a constituent, has eased around 2.18% in last one month and is currently quoting at 16117.4, down 1.44% on the day. The volume in the stock stood at 51.99 lakh shares today, compared to the daily average of 66.71 lakh shares in last one month.

The benchmark June futures contract for the stock is quoting at Rs 64.85, down 0.77% on the day. Tata Power Company Ltd tumbled 13.87% in last one year as compared to a 8.4% rally in NIFTY and a 13.22% spurt in the Nifty Energy index.

The PE of the stock is 45.88 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: Mon, June 17 2019. 13:35 IST
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