Tata Power Share Price: Tata Power shares rise 3.33% as Sensex slides

Shares of the Company Ltd. traded at Rs 100.95 on BSE at 10:41AM (IST) on Friday, up 3.33 per cent from previous close.

The scrip quoted a 52-week low price of Rs 27.0 and a high of Rs 114.95.

Earlier, shares of the company saw a gap down opening in the morning.

A total of 1,782,752 lakh shares changed hands on the counter till 10:41AM (IST).

The stock of Tata Power Company Ltd. commands a market value of Rs 31857.54 crore.

The stock traded at a price-to-earning (P/E) multiple of 28.02, while the price-to-book value ratio stood at 0.49. Return on equity (ROE) was at 5.63 per cent, according to exchange data.

In the BSE500 pack, 285 stocks traded in the green, while 215 stocks were in the red.

Promotor Holding

Promoters held 46.86 per cent in the Tata Power Company Ltd. as of 31-Mar-2021 while overseas and domestic institutional investors owned 12.17 per cent and 20.07 per cent, respectively.

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