Tata Consumer Products Ltd spurts 1.71%, up for third straight session

Tata Consumer Products Ltd rose for a third straight session today. The stock is quoting at Rs 1079.8, up 1.71% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.15% on the day, quoting at 24858.35. The Sensex is at 81500.48, up 0.2%. Tata Consumer Products Ltd has dropped around 1.44% in last one month.

Meanwhile, Nifty FMCG index of which Tata Consumer Products Ltd is a constituent, has dropped around 0.9% in last one month and is currently quoting at 54891.15, up 0.18% on the day. The volume in the stock stood at 6.66 lakh shares today, compared to the daily average of 12.15 lakh shares in last one month.

The benchmark July futures contract for the stock is quoting at Rs 1079.6, up 1.55% on the day. Tata Consumer Products Ltd is down 9.18% in last one year as compared to a 0.37% fall in NIFTY and a 11.42% fall in the Nifty FMCG index.

The PE of the stock is 60.51 based on TTM earnings ending June 25.

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