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Tata Steel Ltd spurts more than 3%

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Capital Market

The stock is quoting at Rs 620.65, up 3.17% on the day as on 12:59 IST on the NSE. Tata Steel Ltd is up 43.36% in last one year as compared to a 15.58% spurt in NIFTY and a 33.39% spurt in the Nifty Metal index.

Tata Steel Ltd is up for a third straight session in a row. The stock is quoting at Rs 620.65, up 3.17% on the day as on 12:59 IST on the NSE. The benchmark NIFTY is up around 0.32% on the day, quoting at 10560.15. The Sensex is at 34426.12, up 0.28%. Tata Steel Ltd has risen around 4.66% in last one month.

 

Meanwhile, Nifty Metal index of which Tata Steel Ltd is a constituent, has risen around 9.54% in last one month and is currently quoting at 3750.5, up 3.84% on the day. The volume in the stock stood at 76.03 lakh shares today, compared to the daily average of 103.07 lakh shares in last one month.

The benchmark April futures contract for the stock is quoting at Rs 622.2, up 3.2% on the day. Tata Steel Ltd is up 43.36% in last one year as compared to a 15.58% spurt in NIFTY and a 33.39% spurt in the Nifty Metal index.

The PE of the stock is 11.39 based on TTM earnings ending December 17.

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First Published: Apr 19 2018 | 1:05 PM IST

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