Shares of Tata Consumer Products Ltd. rose 2.98 percent to Rs 507.4 at 10:10AM hours (IST) on Thursday. Earlier in the day, the stock saw a gap upstart to the session.

As per data available on BSE, the total traded quantity on the counter stood at 44,493 shares with a turnover of Rs 2.24 crore till 10:10AM (IST). The stock traded at a price-to-earnings (P/E) multiple of 83.64, while the price-to-book value ratio stood at 1.97.

Return on equity (ROE) was at 3.33 percent, according to exchange data. The stock hit an intraday high of Rs 507.7 and a low of Rs 495.7 during the session and quoted a 52-week high price of Rs 591.75 and a 52-week low of Rs 214.0.

The stock's beta value, which measures its volatility in relation to the broader market, stood at 0.98.

Technical Indicators

The 200-DMA (day moving average) of the stock stood at Rs 412.44 on November 05, while the 50-DMA was at Rs 509.75. If a stock trades above 50-DMA and 200-DMA, it usually means the immediate trend is upward. On the other hand, if the stock trades below 50-DMA and 200-DMA, it is considered a bearish trend. If it trades between 50-DMA and 200-DMA, then it suggests the stock can go either way.