Tata Consumer Products Ltd in demand

Capital Market 

Tata Consumer Products Ltd is quoting at Rs 446.2, up 2.79% on the day as on 12:54 IST on the NSE. The stock is up 71.02% in last one year as compared to a 1.73% spurt in NIFTY and a 7.46% spurt in the Nifty FMCG index.

Tata Consumer Products Ltd gained for a third straight session today. The stock is quoting at Rs 446.2, up 2.79% on the day as on 12:54 IST on the NSE. The benchmark NIFTY is up around 1.46% on the day, quoting at 11050.15. The Sensex is at 37463.3, up 1.42%. Tata Consumer Products Ltd has risen around 9.98% in last one month.

Meanwhile, Nifty FMCG index of which Tata Consumer Products Ltd is a constituent, has risen around 0.9% in last one month and is currently quoting at 30759.8, up 0.53% on the day. The volume in the stock stood at 37.49 lakh shares today, compared to the daily average of 32.37 lakh shares in last one month.

The benchmark August futures contract for the stock is quoting at Rs 445.25, up 2.45% on the day. Tata Consumer Products Ltd is up 71.02% in last one year as compared to a 1.73% spurt in NIFTY and a 7.46% spurt in the Nifty FMCG index.

The PE of the stock is 73.68 based on TTM earnings ending March 20.

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First Published: Tue, August 04 2020. 13:05 IST