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Tata Power Company Ltd spurts 5.28%, up for third straight session

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Capital Market

Tata Power Company Ltd is quoting at Rs 31.9, up 5.28% on the day as on 12:54 IST on the NSE. The stock is down 48% in last one year as compared to a 17.36% fall in NIFTY and a 17.47% fall in the Nifty Energy index.

Tata Power Company Ltd rose for a third straight session today. The stock is quoting at Rs 31.9, up 5.28% on the day as on 12:54 IST on the NSE. The benchmark NIFTY is down around 1.74% on the day, quoting at 9219.9. The Sensex is at 31385.57, down 1.95%. Tata Power Company Ltd has dropped around 8.99% in last one month.

 

Meanwhile, Nifty Energy index of which Tata Power Company Ltd is a constituent, has dropped around 7.54% in last one month and is currently quoting at 12911.45, down 2.37% on the day. The volume in the stock stood at 492.54 lakh shares today, compared to the daily average of 188.97 lakh shares in last one month.

The benchmark May futures contract for the stock is quoting at Rs 31.8, up 4.78% on the day. Tata Power Company Ltd is down 48% in last one year as compared to a 17.36% fall in NIFTY and a 17.47% fall in the Nifty Energy index.

The PE of the stock is 13.84 based on TTM earnings ending December 19.

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First Published: May 14 2020 | 1:05 PM IST

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