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Tata Power Company Ltd drops for fifth straight session

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Tata Power Company Ltd is quoting at Rs 128, down 1.88% on the day as on 13:19 IST on the NSE. The stock jumped 106.62% in last one year as compared to a 44.49% rally in NIFTY and a 20.59% spurt in the Nifty Energy index.

Tata Power Company Ltd fell for a fifth straight session today. The stock is quoting at Rs 128, down 1.88% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 0.83% on the day, quoting at 16430.7. The Sensex is at 55296.54, down 0.6%.Tata Power Company Ltd has gained around 3.48% in last one month.Meanwhile, Nifty Energy index of which Tata Power Company Ltd is a constituent, has eased around 1.03% in last one month and is currently quoting at 19685, down 1.46% on the day. The volume in the stock stood at 188.36 lakh shares today, compared to the daily average of 327.08 lakh shares in last one month.

 

The benchmark August futures contract for the stock is quoting at Rs 128.2, down 1.72% on the day. Tata Power Company Ltd jumped 106.62% in last one year as compared to a 44.49% rally in NIFTY and a 20.59% spurt in the Nifty Energy index.

The PE of the stock is 35.92 based on TTM earnings ending June 21.

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First Published: Aug 20 2021 | 1:35 PM IST

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