Tata Power Company Ltd gained for a third straight session today. The stock is quoting at Rs 247.55, up 2.7% on the day as on 12:54 IST on the NSE. The benchmark NIFTY is up around 1.43% on the day, quoting at 17354.6. The Sensex is at 58048.43, up 1.35%. Tata Power Company Ltd has risen around 12.8% in last one month.
Meanwhile, Nifty Energy index of which Tata Power Company Ltd is a constituent, has risen around 10% in last one month and is currently quoting at 24557, up 1.89% on the day. The volume in the stock stood at 184.99 lakh shares today, compared to the daily average of 296.45 lakh shares in last one month.
The benchmark February futures contract for the stock is quoting at Rs 248.7, up 2.6% on the day. Tata Power Company Ltd is up 228.32% in last one year as compared to a 27.28% spurt in NIFTY and a 54.83% spurt in the Nifty Energy index.
The PE of the stock is 26.64 based on TTM earnings ending September 21.
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