Tata Power shares decline 0.33% as Sensex climbs
Tata Power Company Ltd. traded at Rs 360.55 on BSE at 12:23PM (IST) on Tuesday, down 0.33 per cent from previous close.
The scrip quoted a 52-week low price of Rs 182.45 and a high of Rs 412.75.
Earlier, shares of the company saw a gap down opening in the morning.
A total of 2,364,005 lakh shares changed hands on the counter till 12:23PM (IST).
The stock of Tata Power Company Ltd. commands a market value of Rs 115415.66 crore.
The stock traded at a price-to-earning (P/E) multiple of 32.25, while the price-to-book value ratio stood at 2.11. Return on equity (ROE) was at 11.58 per cent, according to exchange data.
In the BSE500 pack, 206 stocks traded in the green, while 294 stocks were in the red.
Promotor Holding Promoters held 46.86 per cent in the Tata Power Company Ltd. as of 31-Dec-2023 while overseas and domestic institutional investors owned 9.85 per cent and 16.08 per cent, respectively.
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