Tata Power share price up 3.44 per cent
A total of 1,406,761 shares changed hands on the counter till 10:40AM (IST).
Shares of traded 3.44 per cent up at Rs 451.85 at around 10:40AM (IST) on Monday. The stock had closed at Rs 436.8 in the previous session. Equity benchmark traded 1980.28 points higher at 75941.59 around the same time. The scrip has climbed 109.58 per cent in the last one year till date, while the 30-share index has gained 21.31 per cent during the same period.
The stock's 52-week high price stood at Rs 464.3 and the 52-week low price at Rs 213.0.
Trading volume on the counter stood at 1,406,761 shares, while it quoted a price-to-earnings ratio of 39.47, an EPS value of 11.57 and a price-to-book value of 3.89. In the Nifty50 pack, 45 stocks traded in the green, while 5 stocks were in the red.
Promoter/FII Holding
Promoters held 46.86 per cent stake in the company as of 31-Mar-2024, while foreign institutional investors and MF ownership stood at 9.44 per cent and 5.59 per cent, respectively.
Key Financials
For the quarter ended 31-Mar-2024, the company reported consolidated sales of Rs 16463.94 crore, up 7.65 per cent from the previous quarter's Rs 15294.13 crore and up 23.55 per cent from the year-ago quarter's Rs 13325.3 crore. The company reported net profit of Rs 895.21 crore for the latest quarter.
Technical Indicators
The MACD signalled a bearish bias on the counter. The MACD is known for signalling trend reversals in traded securities or indices. It is the difference between the 26-day and 12-day exponential moving averages. A nine-day exponential moving average, called the signal line, is plotted on top of the MACD to reflect "buy" or "sell" opportunities. When the MACD crosses below the signal line, it gives a bearish signal, indicating that the price of the security may see a downward movement and vice versa.
The stock's 52-week high price stood at Rs 464.3 and the 52-week low price at Rs 213.0.
Trading volume on the counter stood at 1,406,761 shares, while it quoted a price-to-earnings ratio of 39.47, an EPS value of 11.57 and a price-to-book value of 3.89. In the Nifty50 pack, 45 stocks traded in the green, while 5 stocks were in the red.
Promoter/FII Holding
Promoters held 46.86 per cent stake in the company as of 31-Mar-2024, while foreign institutional investors and MF ownership stood at 9.44 per cent and 5.59 per cent, respectively.
Key Financials
For the quarter ended 31-Mar-2024, the company reported consolidated sales of Rs 16463.94 crore, up 7.65 per cent from the previous quarter's Rs 15294.13 crore and up 23.55 per cent from the year-ago quarter's Rs 13325.3 crore. The company reported net profit of Rs 895.21 crore for the latest quarter.
Technical Indicators
The MACD signalled a bearish bias on the counter. The MACD is known for signalling trend reversals in traded securities or indices. It is the difference between the 26-day and 12-day exponential moving averages. A nine-day exponential moving average, called the signal line, is plotted on top of the MACD to reflect "buy" or "sell" opportunities. When the MACD crosses below the signal line, it gives a bearish signal, indicating that the price of the security may see a downward movement and vice versa.
Source: Stocks-Markets-Economic Times
