Tata Power Share Price: Share price of Tata Power falls as Sensex drops 138.36 points

The share price of Company Ltd. dropped 1.15 per cent to Rs 132.9 at 12:55PM (IST) in Tuesday’s trade. The counter has hit a high of Rs 135.35 and low of Rs 131.2 so far during the session. The stock had closed at Rs 134.45 in the previous session.

The counter has had a total traded volume of 1718656 shares so far with a value of Rs 22.86 crore on the NSE. It traded at a price-to-earnings multiple of 32.66 and a price-to-book ratio of 1.58.

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 150.99 per cent during the past one year, while the 30-share index advanced 50.15 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 30-Jun-2021, while overseas investors and domestic institutional investors ownership stood at 11.26 per cent and 8.47 per cent, respectively.

Key Financials

The company reported consolidated net sales of Rs 10145.89 crore for the quarter ended 30-Jun-2021, down 0.75 per cent from the previous quarter’s Rs 10222.48 crore and down 55.13 per cent from the year-ago quarter’s Rs 6540.42 crore.

Profit for the latest quarter stood at Rs 391.03 crore, up 89.25 per cent from the same quarter a year ago.