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Tata Steel Ltd soars 1.55%, rises for third straight session

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Capital Market

Tata Steel Ltd is quoting at Rs 426, up 1.55% on the day as on 12:49 IST on the NSE. The stock is down 18.44% in last one year as compared to a 13.29% gain in NIFTY and a 17.29% gain in the Nifty Metal index.

Tata Steel Ltd rose for a third straight session today. The stock is quoting at Rs 426, up 1.55% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.26% on the day, quoting at 12105.5. The Sensex is at 41024.14, up 0.33%. Tata Steel Ltd has added around 16.71% in last one month.

 

Meanwhile, Nifty Metal index of which Tata Steel Ltd is a constituent, has added around 7.53% in last one month and is currently quoting at 2602, up 0.09% on the day. The volume in the stock stood at 145.2 lakh shares today, compared to the daily average of 185.32 lakh shares in last one month.

The benchmark November futures contract for the stock is quoting at Rs 427.15, up 1.64% on the day. Tata Steel Ltd is down 18.44% in last one year as compared to a 13.29% gain in NIFTY and a 17.29% gain in the Nifty Metal index.

The PE of the stock is 4.63 based on TTM earnings ending September 19.

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First Published: Nov 26 2019 | 1:05 PM IST

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