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Tata Steel Ltd spurts 2.1%, up for fifth straight session

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Capital Market

The stock is quoting at Rs 606.65, up 2.1% on the day as on 12:44 IST on the NSE. Tata Steel Ltd is down 0.21% in last one year as compared to a 17.72% jump in NIFTY and a 5.66% jump in the Nifty Metal.

Tata Steel Ltd is up for a fifth straight session today. The stock is quoting at Rs 606.65, up 2.1% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is down around 0.14% on the day, quoting at 11674.95. The Sensex is at 38690.9, down 0.08%. Tata Steel Ltd has gained around 7.74% in last one month.

 

Meanwhile, Nifty Metal index of which Tata Steel Ltd is a constituent, has gained around 10.08% in last one month and is currently quoting at 3634.3, up 1.02% on the day. The volume in the stock stood at 68.75 lakh shares today, compared to the daily average of 85.47 lakh shares in last one month.

The benchmark August futures contract for the stock is quoting at Rs 607.5, up 2.25% on the day. Tata Steel Ltd is down 0.21% in last one year as compared to a 17.72% jump in NIFTY and a 5.66% jump in the Nifty Metal index.

The PE of the stock is 8.58 based on TTM earnings ending June 18.

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First Published: Aug 30 2018 | 1:00 PM IST

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