Tata Power Share Price: Share price of Tata Power rises as Nifty weakens

Shares of Company Ltd. gained 0.41 per cent to Rs 121.85 in Friday’s trade as of 11:07AM (IST).

The stock hit a high price of Rs 122.6 and low of Rs 121.35 during the session.

The return on equity (ROE) for the stock stood at 5.05 per cent. Traded volume on the counter stood at 11:07AM shares and turnover at Rs 22.96 crore around that time.

The stock of Tata Power Company Ltd. quoted a 52-week high and 52-week low prices of Rs 132.5 and Rs 45.8, respectively.

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

Promotor/FII Holding

Promoters held 46.86 per cent stake in the company as of 31-Mar-2021, while foreign investors held 12.17 per cent and domestic institutional investors had 20.07 per cent.

Key Financials

The company reported consolidated sales of Rs 10222.48 crore for the quarter ended 31-Mar-2021, up 32.71 per cent from previous quarter’s Rs 7702.84 crore and up 50.46 per cent from the year-ago quarter’s Rs 6793.95 crore.

Net profit after tax for the latest quarter stood at Rs 392.94 crore, down 2.4 per cent from the same quarter a year ago.

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