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NTPC Ltd sees sustained selling pressure

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NTPC Ltd is quoting at Rs 142, down 0.56% on the day as on 13:19 IST on the NSE. The stock tumbled 18.39% in last one year as compared to a 1.44% slide in NIFTY and a 2.9% spurt in the Nifty Energy index.

NTPC Ltd is down for a fifth straight session today. The stock is quoting at 142, down 0.56% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is up around 0.03% on the day, quoting at 10926.35. The Sensex is at 36421.86, down 0.06%.NTPC Ltd has lost around 3.01% in last one month.Meanwhile, Nifty Energy index of which NTPC Ltd is a constituent, has increased around 6.69% in last one month and is currently quoting at 14949.85, down 0.16% on the day. The volume in the stock stood at 24.67 lakh shares today, compared to the daily average of 80.43 lakh shares in last one month.

 

The benchmark January futures contract for the stock is quoting at Rs 142.25, down 0.42% on the day. NTPC Ltd tumbled 18.39% in last one year as compared to a 1.44% slide in NIFTY and a 2.9% spurt in the Nifty Energy index.

The PE of the stock is 11.43 based on TTM earnings ending September 18.

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First Published: Jan 23 2019 | 1:35 PM IST

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