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NTPC Ltd eases for fifth straight session

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Capital Market
Last Updated : Sep 08 2020 | 2:04 PM IST

NTPC Ltd is quoting at Rs 91.15, down 1.35% on the day as on 13:29 IST on the NSE. The stock tumbled 27.86% in last one year as compared to a 3.77% rally in NIFTY and a 5.59% spurt in the Nifty Energy index.

NTPC Ltd fell for a fifth straight session today. The stock is quoting at Rs 91.15, down 1.35% on the day as on 13:29 IST on the NSE. The benchmark NIFTY is up around 0.55% on the day, quoting at 11417.5. The Sensex is at 38671.43, up 0.66%.NTPC Ltd has gained around 3.34% in last one month.Meanwhile, Nifty Energy index of which NTPC Ltd is a constituent, has eased around 0.51% in last one month and is currently quoting at 15356.45, up 0.52% on the day. The volume in the stock stood at 216.33 lakh shares today, compared to the daily average of 399.29 lakh shares in last one month.

The benchmark September futures contract for the stock is quoting at Rs 91.55, down 1.51% on the day. NTPC Ltd tumbled 27.86% in last one year as compared to a 3.77% rally in NIFTY and a 5.59% spurt in the Nifty Energy index.

The PE of the stock is 8.77 based on TTM earnings ending June 20.

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First Published: Sep 08 2020 | 1:36 PM IST

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