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Tata Power Company Ltd soars 3.7%, up for third straight session

Capital Market 

Tata Power Company Ltd is quoting at Rs 74.2, up 3.7% on the day as on 12:49 IST on the NSE. The stock is down 9.4% in last one year as compared to a 13.56% gain in NIFTY and a 24.15% gain in the Nifty Energy index.

Tata Power Company Ltd rose for a third straight session today. The stock is quoting at Rs 74.2, up 3.7% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.23% on the day, quoting at 11596.2. The Sensex is at 38611.6, up 0.17%. Tata Power Company Ltd has added around 10.66% in last one month.

Meanwhile, Nifty Energy index of which Tata Power Company Ltd is a constituent, has added around 11.06% in last one month and is currently quoting at 16384.5, up 0.71% on the day. The volume in the stock stood at 59.15 lakh shares today, compared to the daily average of 71.94 lakh shares in last one month.

The benchmark April futures contract for the stock is quoting at Rs 75.1, up 4.16% on the day. Tata Power Company Ltd is down 9.4% in last one year as compared to a 13.56% gain in NIFTY and a 24.15% gain in the Nifty Energy index.

The PE of the stock is 17.72 based on TTM earnings ending December 18.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Fri, March 29 2019. 13:05 IST
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