Tata Consumer Products Ltd spurts 0.89%, gains for fifth straight session

Tata Consumer Products Ltd rose for a fifth straight session today. The stock is quoting at Rs 1180.3, up 0.89% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is down around 0.25% on the day, quoting at 25795.3. The Sensex is at 84482.24, down 0.23%. Tata Consumer Products Ltd has risen around 2.27% in last one month.

Meanwhile, Nifty FMCG index of which Tata Consumer Products Ltd is a constituent, has risen around 1.4% in last one month and is currently quoting at 54863.45, down 0.5% on the day. The volume in the stock stood at 8.25 lakh shares today, compared to the daily average of 12.66 lakh shares in last one month.

The benchmark December futures contract for the stock is quoting at Rs 1181, up 0.54% on the day. Tata Consumer Products Ltd is up 29.8% in last one year as compared to a 6.6% spurt in NIFTY and a 3.33% spurt in the Nifty FMCG index.

The PE of the stock is 64.85 based on TTM earnings ending September 25.

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