Tata Power Company Ltd gains for third consecutive session

Tata Power Company Ltd gained for a third straight session today. The stock is quoting at Rs 84.65, up 1.26% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 1.26% on the day, quoting at 14832.75. The Sensex is at 50422.04, up 1.25%. Tata Power Company Ltd has risen around 6.81% in last one month.

Meanwhile, Nifty Energy index of which Tata Power Company Ltd is a constituent, has risen around 0.11% in last one month and is currently quoting at 16950.5, up 1.45% on the day. The volume in the stock stood at 268.28 lakh shares today, compared to the daily average of 360.16 lakh shares in last one month.

The benchmark February futures contract for the stock is quoting at Rs 85.3, up 1.49% on the day. Tata Power Company Ltd is up 50.09% in last one year as compared to a 23.82% spurt in NIFTY and a 14.99% spurt in the Nifty Energy index.

The PE of the stock is 0 based on TTM earnings ending September 20.

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