Tata Consumer Products Ltd up for third straight session

Tata Consumer Products Ltd gained for a third straight session today. The stock is quoting at Rs 1091, up 1.42% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.48% on the day, quoting at 24743.45. The Sensex is at 80701.78, up 0.42%. Tata Consumer Products Ltd has gained around 1.72% in last one month.

Meanwhile, Nifty FMCG index of which Tata Consumer Products Ltd is a constituent, has gained around 1.16% in last one month and is currently quoting at 56175.2, up 1.1% on the day. The volume in the stock stood at 6 lakh shares today, compared to the daily average of 7.33 lakh shares in last one month.

The benchmark September futures contract for the stock is quoting at Rs 1095.8, up 1.36% on the day. Tata Consumer Products Ltd is down 9.01% in last one year as compared to a 2.12% slide in NIFTY and a 10.54% slide in the Nifty FMCG index.

The PE of the stock is 61.28 based on TTM earnings ending June 25.

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