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Tata Steel Ltd up for five straight sessions

Capital Market 

Tata Steel Ltd is quoting at Rs 500.25, up 0.33% on the day as on 12:44 IST on the NSE. The stock is up 5.42% in last one year as compared to a 12.88% gain in NIFTY and a 1.67% gain in the Nifty Metal.

Tata Steel Ltd is up for a fifth straight session in a row. The stock is quoting at Rs 500.25, up 0.33% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is down around 0.56% on the day, quoting at 12293.1. The Sensex is at 41702.19, down 0.6%. Tata Steel Ltd has added around 18.82% in last one month.

Meanwhile, Nifty Metal index of which Tata Steel Ltd is a constituent, has added around 12.6% in last one month and is currently quoting at 2900.65, up 0.58% on the day. The volume in the stock stood at 83.31 lakh shares today, compared to the daily average of 163.67 lakh shares in last one month.

The benchmark January futures contract for the stock is quoting at Rs 502.6, up 0.36% on the day. Tata Steel Ltd is up 5.42% in last one year as compared to a 12.88% gain in NIFTY and a 1.67% gain in the Nifty Metal index.

The PE of the stock is 5.5 based on TTM earnings ending September 19.

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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, January 15 2020. 13:00 IST
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