Tata Steel Ltd eases for fifth straight session

Capital Market 

The stock is quoting at Rs 524.75, down 1.12% on the day as on 13:19 IST on the NSE. Ltd tumbled 21.75% in last one year as compared to a 2.83% rally in and a 15.74% fall in the Metal index.

Ltd fell for a fifth straight session today. The stock is quoting at 524.75, down 1.12% on the day as on 13:19 IST on the NSE. The benchmark is up around 0.33% on the day, quoting at 10663.5. The Sensex is at 35459.4, up 0.3%.Ltd has eased around 8.53% in last one month.Meanwhile, index of which is a constituent, has eased around 6.58% in last one month and is currently quoting at 3172.3, down 0.77% on the day. The volume in the stock stood at 97.13 lakh shares today, compared to the daily average of 75.81 lakh shares in last one month.

The benchmark November futures contract for the stock is quoting at Rs 527, down 0.84% on the day. tumbled 21.75% in last one year as compared to a 2.83% rally in NIFTY and a 15.74% fall in the index.

The PE of the stock is 6.12 based on earnings ending September 18.

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First Published: Tue, November 27 2018. 13:35 IST