The stock had a 52-week high of Rs 464.3 and low of Rs 220.0. The stock has a return on equity of 11.42 percent. Around 649,203 shares have been traded so far.
Its beta, which measures volatility relative to the overall stock market, was 1.73.
The stock has performed well in the past one year, rallying 89.32% compared to the Sensex index’s 22.32% gain.
technical
On the technical chart, the stock’s 200-day moving average (DMA) was Rs 220.0 and its 50-day moving average was Rs 436.94 as of July 29. When the stock is trading significantly above its 50-day and 200-day moving averages, it usually means that the immediate trend is up. On the other hand, when the stock is trading significantly below both the 50-day and 200-day moving averages, it is considered a bearish trend, while trading between these averages suggests that the stock may move in either direction.
Promoter/FII Holdings
Promoters hold 46.86% stake in Tata Power Company as of June 30, 2024. Mutual funds and foreign institutional investors hold 7.24% and 9.51% shares, respectively.
