The stock quoted a 52-week low price of Rs 51.65 and a high of Rs 187.5.
Earlier, the stock saw a gap up opening in the morning.
A total of 4,134,833 lakh shares changed hands on the counter till 10:00AM (IST).
The stock of Tata Power Company Ltd. commanded a market value of Rs 59321.48 crore, according to BSE.
The stock traded at a price-to-earning (P/E) multiple of 45.22, 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, 376 stocks traded in the green, while 124 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 30-Jun-2021 while overseas and domestic institutional investors owned 11.26 per cent and 8.47 per cent, respectively.
Moving averages
The 200-DMA of the stock stood at 111.26 on October 11, while the 50-DMA was at 139.52. 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.
