Tata Power Share Price: Tata Power share price up 0.37 per cent

Shares of . traded 0.37 per cent up at Rs 229.0 at round 12:28PM (IST) on Wednesday. The inventory had closed at Rs 228.15 within the earlier session. Fairness benchmark Sensex traded 786.62 factors larger at 55554.24 across the similar time.

The scrip has climbed 88.21 per cent within the final one yr until date, whereas the 30-share index has gained 4.56 per cent throughout the identical interval.

The inventory’s 52-week excessive value stood at Rs 298.0 and the 52-week low value at Rs 118.4.

Buying and selling quantity on the counter stood at 726,961 shares, whereas it quoted a price-to-earnings ratio of 42.04, an EPS worth of 5.45 and a price-to-book worth of three.4. Within the Nifty50 pack, 42 shares traded within the inexperienced, whereas 8 shares had been within the crimson.

Promoter/FII Holding
Promoters held 46.86 per cent stake within the firm as of 31-Mar-2022, whereas FII and MF possession stood at 10.82 per cent and 4.83 per cent, respectively.

Key Financials
For the quarter ended 31-Mar-2022, the corporate reported consolidated gross sales of Rs 12219.36 crore, up 10.9 per cent from the earlier quarter’s Rs 11018.73 crore and up 19.53 per cent from the year-ago quarter’s Rs 10222.48 crore. The corporate reported web revenue of Rs 503.11 crore for the newest quarter.

Technical Indicators

The MACD signalled a bullish bias on the counter. The MACD is thought for signalling pattern reversals in traded securities or indices. It’s the distinction between the 26-day and 12-day exponential transferring averages. A nine-day exponential transferring common, known as the sign line, is plotted on prime of the MACD to replicate “purchase” or “promote” alternatives. When the MACD crosses under the sign line, it provides a bearish sign, indicating that the worth of the safety might even see a downward motion and vice versa.