Tata Power Company Ltd dropped for a fifth straight session today. The stock is quoting at Rs 358, down 1.43% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 0.65% on the day, quoting at 25418.8. The Sensex is at 82812.65, down 0.52%.Tata Power Company Ltd has eased around 5.99% in last one month.Meanwhile, Nifty Energy index of which Tata Power Company Ltd is a constituent, has eased around 4.07% in last one month and is currently quoting at 34116.8, down 1.51% on the day. The volume in the stock stood at 18.54 lakh shares today, compared to the daily average of 38.76 lakh shares in last one month.

The benchmark January futures contract for the stock is quoting at Rs 358.7, down 1.32% on the day. Tata Power Company Ltd tumbled 2.16% in last one year as compared to a 10.4% rally in NIFTY and a 2.06% fall in the Nifty Energy index.

The PE of the stock is 49.66 based on TTM earnings ending September 25.