Tata Power share price: Tata Power shares up 1.76% as Nifty drops


NEW DELHI: the shares of Company Ltd. traded up 1.76% on Tuesday’s 10:20 am (IST) trade. About 1,778,708 shares changed hands at the box office.

The counter opened at Rs 224.5 and hit an intraday high and low of Rs 233.25 and Rs 222.05, respectively, during the session so far. The shares of Tata Power Company Ltd. listed a 52 week high of Rs 269.7 and a 52 week low of Rs 57.85.

The total market capitalization of Tata Power Company Ltd. amounted to Rs 73,892.23 crore at the time of writing.

Key financial data

The company reported consolidated sales of Rs 10,187.33 crore for the quarter ended September 30, 2021, up 0.41% from Rs 10,145.89 crore in the previous quarter and 20.68% from the previous quarter. Rs 8,441.6 crore from the quarter of the previous year.

Net profit for the last quarter stood at Rs 421.51 crore, up 50.75% from the corresponding quarter last year.

Shareholding model

As of September 30, 2021, domestic institutional investors held 8.3% stake in the company, while foreign institutional investors held 11.06% and promoters 46.86%.

Valuation ratio

According to BSE data, the stock traded at a P / E multiple of 50.83 and a price to book ratio of 1.58. A higher P / E ratio shows that investors are willing to pay a higher price because of better expectations of future growth. Book value indicates the intrinsic value of a business and measures the price investors are willing to pay even when the business does not grow.

Tata Power Company Ltd. belongs to the Energy – Integrated sector.


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