Tata Power rises 0.66% as Sensex climbs

Actions of Tata Power Company Ltd. traded at Rs 222.4 in BSE at 12:46 p.m. (IST) on Tuesday, up 0.66% from the previous close.

The stock traded a 52-week low of Rs 182.45 and a high of Rs 251.0.

Earlier, the company's shares saw a gap open in the morning.

A total of 173,012 lakh shares changed hands over the counter as of 12:46pm (IST).

the stock of Tata Power Company Ltd. got a market value of Rs 71032.4 crore, according to BSE.

The stock traded at a price-earnings (P/E) multiple of 21.29, while the price-to-book ratio stood at 2.11. Return on equity (ROE) was 11.58 percent, according to exchange data.

In the BSE500 package, 377 shares were trading in the green, while 124 shares were in the red. The stock's beta value, which measures volatility relative to the broader market, stood at 1.73.

Promoter/FII Holding
The promoters owned 46.86% of Tata Power Company Ltd. as of March 31, 2023, while domestic and foreign institutional investors owned 9.46% and 3.11%, respectively.

moving averages
The stock's 200-DMA stood at 213.61 on June 13, while the 50-DMA was at 204.96. If a stock is trading below the 50-DMA and 200-DMA, it usually means that the immediate trend is up. On the other hand, if the stock trades below 50-DMA and 200-DMA, it is considered a downtrend and if it trades between 50-DMA and 200-DMA, it suggests that the stock may go either way.

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