Tata Power Share Price: Tata Power shares drop 1.95% as Sensex falls

Shares of Company Ltd. traded 1.95 per cent down at Rs 123.5 at 12:30PM (IST) on Thursday, even as BSE benchmark Sensex dropped 184.82 points to 52317.16. The stock had settled at Rs 125.95 in the previous session.

The stock quoted a 52-week high and 52-week low of Rs 132.5 and Rs 40.2, respectively.

As per BSE data, total traded volume on the counter till 12:30PM (IST) stood at 12:30PM shares with turnover at Rs 80.91 crore.

At the prevailing price, the stock trades at 35.16 times its trailing 12-month EPS of Rs 3.53 per share and 0.49 times its price-to-book value, BSE data showed.

A higher P/E ratio shows investors are willing to pay a higher share price today because of growth expectations in the future. 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.

The Beta value of the stock, which measures its volatility in relation to the broader market, stood at 1.73.


Shareholding Details

Promoters held 46.86 per cent stake in the company as of 31-Mar-2021, while FIIs owned 12.17 per cent and DIIs 20.07 per cent.

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