The stock quoted a 52-week low price of Rs 46.0 and a high of Rs 132.5.
Earlier, shares of the company saw a gap up opening in the morning.
A total of 857,834 lakh shares changed hands on the counter till 11:30AM (IST).
The stock of Tata Power Company Ltd. commanded a market value of Rs 39941.74 crore, according to BSE.
The stock traded at a price-to-earning (P/E) multiple of 35.43, while the price-to-book value ratio stood at 1.58. Return on equity (ROE) was at 5.41 per cent, according to exchange data.
In the BSE500 pack, 292 stocks traded in the green, while 208 stocks were in the red.
The stock’s beta value, which measures volatility in relation to the broader market, stood at 1.73.
Promotor/FII Holding
Promoters held 46.86 per cent in Tata Power Company Ltd. as of 31-Mar-2021 while foreign and domestic institutional investors owned 12.17 per cent and 8.83 per cent, respectively.
Moving averages
The 200-DMA of the stock stood at 88.06 on July 14, while the 50-DMA was at 115.15. If a stock trades below 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 as bearish trend and if trades between 50-DMA and 200-DMA, then it suggests the stock can go either way.
