The stock opened at Rs 131.8 and touched an intraday high and low of Rs 133.05 and Rs 131.35, respectively, in the session so far. Shares of the company of Tata Power Company Ltd. quoted a 52-week high of Rs 137.9 and a 52-week low of Rs 50.0.
As per BSE, the total market cap of the Tata Power Company Ltd. stood at Rs 42450.09 crore at the time of writing this report.
Key Financials
The company reported consolidated sales of Rs 10145.89 crore for the quarter ended 30-Jun-2021, down 0.75 per cent from previous quarter’s Rs 10222.48 crore and down 55.13 per cent from the year-ago quarter’s Rs 6540.42 crore.
The net profit for latest quarter stood at Rs 391.03 crore, up 89.25 per cent from the same quarter a year ago.
Shareholding pattern
As of 30-Jun-2021, DIIs held 8.47 per cent stake in the company, while foreign institutional investors held 11.26 per cent and the promoters 46.86 per cent.
Valuation ratio
According to BSE data, the stock traded at a price-to-earnings multiple of 32.36 and a price-to-book ratio of 1.58. 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 Company Ltd. belongs to the Power – Integrated industry.
