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Tata Steel Ltd extends recent gains

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Capital Market

Tata Steel Ltd is quoting at Rs 503, up 0.14% on the day as on 12:49 IST on the NSE. The stock is down 26.05% in last one year as compared to a 2.26% gain in NIFTY and a 30.08% gain in the Nifty Metal.

Tata Steel Ltd rose for a fifth straight session today. The stock is quoting at Rs 503, up 0.14% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.28% on the day, quoting at 10822.1. The Sensex is at 36014.94, up 0.4%. Tata Steel Ltd has added around 12.86% in last one month.

 

Meanwhile, Nifty Metal index of which Tata Steel Ltd is a constituent, has added around 0.71% in last one month and is currently quoting at 2842.2, up 0.17% on the day. The volume in the stock stood at 63.16 lakh shares today, compared to the daily average of 98.07 lakh shares in last one month.

The benchmark February futures contract for the stock is quoting at Rs 503, up 0.05% on the day. Tata Steel Ltd is down 26.05% in last one year as compared to a 2.26% gain in NIFTY and a 30.08% gain in the Nifty Metal index.

The PE of the stock is 5.63 based on TTM earnings ending December 18.

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First Published: Feb 25 2019 | 1:01 PM IST

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