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Tata Steel Ltd up for third straight session

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Capital Market

Tata Steel Ltd is quoting at Rs 425.35, up 1.59% on the day as on 12:49 IST on the NSE. The stock is down 17.17% in last one year as compared to a 11.63% jump in NIFTY and a 16.09% jump in the Nifty Metal index.

Tata Steel Ltd is up for a third straight session today. The stock is quoting at Rs 425.35, up 1.59% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.75% on the day, quoting at 12061.85. The Sensex is at 40961.46, up 0.94%. Tata Steel Ltd has gained around 8.52% in last one month.

 

Meanwhile, Nifty Metal index of which Tata Steel Ltd is a constituent, has gained around 4.19% in last one month and is currently quoting at 2568.8, up 1.67% on the day. The volume in the stock stood at 146.79 lakh shares today, compared to the daily average of 150.05 lakh shares in last one month.

The benchmark December futures contract for the stock is quoting at Rs 426.8, up 1.8% on the day. Tata Steel Ltd is down 17.17% in last one year as compared to a 11.63% jump in NIFTY and a 16.09% jump in the Nifty Metal index.

The PE of the stock is 4.62 based on TTM earnings ending September 19.

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First Published: Dec 13 2019 | 1:05 PM IST

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