The counter has had a total traded volume of 1663824 shares so far with a value of Rs 18.18 crore on the NSE. It traded at a price-to-earnings multiple of 30.92 and a price-to-book ratio of 0.49.
A higher price-to-earnings ratio shows investors are willing to pay a higher price for per rupee earnings given by the stock because of better future growth expectations.
The price-to-book value indicates the inherent value of a company and reflects the price investors are willing to pay even for no growth in the business.
The scrip gained 161.12 per cent during the past one year, while the 30-share index advanced 62.65 per cent during the same period.
Tata Power Company Ltd. belongs to the Power – Integrated industry.
Promotor/FII Holding
Promoters held 46.86 per cent stake in the company as of 31-Mar-2021, while foreign investors and domestic institutional investors ownership stood at 12.17 per cent and 8.83 per cent, respectively.
Key Financials
The company reported consolidated net sales of Rs 10222.48 crore for the quarter ended 31-Mar-2021, up 32.71 per cent from the previous quarter’s Rs 7702.84 crore and up 50.46 per cent from the year-ago quarter’s Rs 6793.95 crore.
Profit for the latest quarter stood at Rs 392.94 crore, down 2.4 per cent from the same quarter a year ago.
