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Tata Steel Ltd falls for fifth straight session

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Capital Market

Tata Steel Ltd is quoting at Rs 501.55, down 0.26% on the day as on 13:19 IST on the NSE. The stock tumbled 23.69% in last one year as compared to a 2.96% rally in NIFTY and a 15.45% fall in the Nifty Metal index.

Tata Steel Ltd is down for a fifth straight session today. The stock is quoting at 501.55, down 0.26% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is up around 0.52% on the day, quoting at 10542.8. The Sensex is at 35118.91, up 0.46%.Tata Steel Ltd has lost around 13.95% in last one month.Meanwhile, Nifty Metal index of which Tata Steel Ltd is a constituent, has eased around 9.58% in last one month and is currently quoting at 3036.25, up 0.79% on the day. The volume in the stock stood at 85.19 lakh shares today, compared to the daily average of 97.22 lakh shares in last one month.

 

The benchmark December futures contract for the stock is quoting at Rs 501.75, down 0.31% on the day. Tata Steel Ltd tumbled 23.69% in last one year as compared to a 2.96% rally in NIFTY and a 15.45% fall in the Nifty Metal index.

The PE of the stock is 5.79 based on TTM earnings ending September 18.

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First Published: Dec 11 2018 | 1:35 PM IST

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