The scrip opened at Rs 109.85 and touched an intraday high and low of Rs 110.55 and Rs 106.05, respectively, in the session so far. Shares of the company of Tata Power quoted a 52-week high of Rs 114.95 and a 52-week low of Rs 27.0.
Total market cap of the Tata Power stood at Rs 33966.46 crore at the time of writing this report.
Key Financials
The company reported consolidated net sales of Rs 7702.84 crore for the quarter ended 31-Dec-2020, down 8.75 per cent from previous quarter’s Rs 8441.6 crore and down 7.94 per cent from the year-ago quarter’s Rs 7136.04 crore.
The net profit for latest quarter stood at Rs 248.21 crore, up 38.77 per cent from the same quarter a year ago.
Shareholding pattern
As of 31-Dec-2020, domestic institutional investors held 11.36 per cent stake in the firm, while foreign institutional investors held 12.44 per cent and the promoters 46.86 per cent.
Valuation ratio
According to BSE data, the stock traded at a P/E multiple of 29.87 and a price-to-book ratio of 0.49. A higher P/E ratio shows investors are willing to pay a higher price because of better future growth expectations. Price-to-book value indicates the inherent value of a company and is the measure of the price that investors are ready to pay even for no growth in the business.
Tata Power belongs to the Power – Integrated industry.
