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Tata Power Company Ltd eases for fifth straight session

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Tata Power Company Ltd is quoting at Rs 45.4, down 2.78% on the day as on 13:24 IST on the NSE. The stock tumbled 34.35% in last one year as compared to a 3.7% rally in NIFTY and a 8.46% fall in the Nifty Energy index.

Tata Power Company Ltd dropped for a fifth straight session today. The stock is quoting at Rs 45.4, down 2.78% on the day as on 13:24 IST on the NSE. The benchmark NIFTY is up around 1.71% on the day, quoting at 11393.85. The Sensex is at 39034.53, up 1.93%.Tata Power Company Ltd has eased around 17.3% in last one month.Meanwhile, Nifty Energy index of which Tata Power Company Ltd is a constituent, has eased around 4.61% in last one month and is currently quoting at 13651, up 1.32% on the day. The volume in the stock stood at 122.55 lakh shares today, compared to the daily average of 89.33 lakh shares in last one month.

 

The benchmark March futures contract for the stock is quoting at Rs 45.65, down 1.3% on the day. Tata Power Company Ltd tumbled 34.35% in last one year as compared to a 3.7% rally in NIFTY and a 8.46% fall in the Nifty Energy index.

The PE of the stock is 21.3 based on TTM earnings ending December 19.

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First Published: Mar 02 2020 | 1:35 PM IST

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