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Tata Steel Ltd soars 1.29%, Gains for third straight session

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Capital Market
Last Updated : Aug 28 2018 | 1:16 PM IST

The stock is quoting at Rs 588.7, up 1.29% on the day as on 12:49 IST on the NSE. Tata Steel Ltd is down 1.95% in last one year as compared to a 19.9% gain in NIFTY and a 5.88% gain in the Nifty Metal index.

Tata Steel Ltd is up for a third straight session in a row. The stock is quoting at Rs 588.7, up 1.29% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.46% on the day, quoting at 11745.6. The Sensex is at 38897.91, up 0.53%. Tata Steel Ltd has added around 6.46% in last one month.

Meanwhile, Nifty Metal index of which Tata Steel Ltd is a constituent, has added around 8.05% in last one month and is currently quoting at 3532.85, up 1.55% on the day. The volume in the stock stood at 43.4 lakh shares today, compared to the daily average of 82.54 lakh shares in last one month.

The benchmark August futures contract for the stock is quoting at Rs 587.55, up 0.88% on the day. Tata Steel Ltd is down 1.95% in last one year as compared to a 19.9% gain in NIFTY and a 5.88% gain in the Nifty Metal index.

The PE of the stock is 8.39 based on TTM earnings ending June 18.

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First Published: Aug 28 2018 | 1:06 PM IST

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