Tata Power Company Ltd is down for a fifth straight session today. The stock is quoting at Rs 443.1, down 5.05% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 0.93% on the day, quoting at 24780.85. The Sensex is at 81006.87, down 0.83%.Tata Power Company Ltd has added around 6.04% in last one month.Meanwhile, Nifty Energy index of which Tata Power Company Ltd is a constituent, has eased around 2.38% in last one month and is currently quoting at 42080.65, down 2.74% on the day. The volume in the stock stood at 119.57 lakh shares today, compared to the daily average of 175.7 lakh shares in last one month.
The benchmark October futures contract for the stock is quoting at Rs 445.4, down 5.08% on the day. Tata Power Company Ltd jumped 77.24% in last one year as compared to a 27% rally in NIFTY and a 54.61% spurt in the Nifty Energy index.
The PE of the stock is 59.15 based on TTM earnings ending June 24.