Share price of Tata Power Company Ltd. as Nifty strengthens

A total of 1,040,698 shares changed hands on the counter till 12:36PM (IST).

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Shares of Tata Power Company Ltd. 0.0 per cent to Rs 46.0 in Thursday's trade as of 12:36PM (IST).

The stock hit a high price of Rs 46.95 and low of Rs 45.8 during the session.

The return on equity (ROE) for the stock stood at 5.19 per cent. Traded volume on the counter stood at 12:36PM shares and turnover at Rs 4.82 crore around that time.

The stock of Tata Power Company Ltd. quoted a 52-week high and 52-week low prices of Rs 74.05 and Rs 27.0, respectively.

The Beta value of the counter, which measures its volatility in relation to the broader market, stood at 1.73.

Promotor/FII Holding
Promoters held 37.22 per cent stake in the company as of 31-Mar-2020, while foreign investors held 18.62 per cent and domestic institutional investors had 13.2 per cent.

Key Financials
The company reported consolidated sales of Rs 6620.8 crore for the quarter ended 31-Mar-2020, down 6.37 per cent from previous quarter's Rs 7071.03 crore and down 8.43 per cent from the year-ago quarter's Rs 7230.24 crore.

Net profit after tax for the latest quarter stood at Rs 402.59 crore, up 599.18 per cent from the same quarter a year ago.




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