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NTPC Ltd drops for fifth straight session

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Capital Market

NTPC Ltd is quoting at Rs 112.75, down 3.76% on the day as on 13:19 IST on the NSE. The stock tumbled 3.87% in last one year as compared to a 12.01% rally in NIFTY and a 5.03% spurt in the Nifty Energy index.

NTPC Ltd fell for a fifth straight session today. The stock is quoting at Rs 112.75, down 3.76% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 0.31% on the day, quoting at 12132.55. The Sensex is at 41198.64, down 0.3%.NTPC Ltd has eased around 1.61% in last one month.Meanwhile, Nifty Energy index of which NTPC Ltd is a constituent, has eased around 2.35% in last one month and is currently quoting at 15776.95, down 1.15% on the day. The volume in the stock stood at 97.68 lakh shares today, compared to the daily average of 79.91 lakh shares in last one month.

 

The benchmark January futures contract for the stock is quoting at Rs 112.3, down 4.51% on the day. NTPC Ltd tumbled 3.87% in last one year as compared to a 12.01% rally in NIFTY and a 5.03% spurt in the Nifty Energy index.

The PE of the stock is 9.2 based on TTM earnings ending September 19.

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First Published: Jan 22 2020 | 1:35 PM IST

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