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Tata Steel Ltd gains for third straight session

Capital Market 

Tata Steel Ltd is quoting at Rs 377.15, up 5.2% on the day as on 12:54 IST on the NSE. The stock is down 9.13% in last one year as compared to a 1.72% jump in NIFTY and a 13.33% jump in the Nifty Metal index.

Tata Steel Ltd is up for a third straight session today. The stock is quoting at Rs 377.15, up 5.2% on the day as on 12:54 IST on the NSE. The benchmark NIFTY is down around 0.21% on the day, quoting at 11276.5. The Sensex is at 38307.36, down 0.48%. Tata Steel Ltd has gained around 15.44% in last one month.

Meanwhile, Nifty Metal index of which Tata Steel Ltd is a constituent, has gained around 9.98% in last one month and is currently quoting at 2141.3, up 2.28% on the day. The volume in the stock stood at 187.86 lakh shares today, compared to the daily average of 141.88 lakh shares in last one month.

The benchmark July futures contract for the stock is quoting at Rs 374.95, up 4.41% on the day. Tata Steel Ltd is down 9.13% in last one year as compared to a 1.72% jump in NIFTY and a 13.33% jump in the Nifty Metal index.

The PE of the stock is 5.05 based on TTM earnings ending March 20.

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

First Published: Wed, July 29 2020. 13:05 IST
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