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    Tata Power shares gain 0.82% as Sensex rises

    Synopsis

    A total of 5,901,009 shares changed hands on the counter till 12:34PM (IST)

    Agencies
    Mazhar Mohammad of Chartviewindia.in said technical indicators are turning mixed as the weekly MACD chart has generated a 'buy' signal, giving an edge to the bulls.
    Shares of the Company Ltd. traded at Rs 227.2 on BSE at 12:34PM (IST) on Wednesday, up 0.82 per cent. The stock quoted a 52-week low price of Rs 51.65 and a high of Rs 269.7.

    Earlier in the day, the stock saw a gap up opening.

    At the prevailing price, the stock traded at 55.37 times its trailing 12-month EPS of Rs 4.11 per share and 1.58 times its book value, as per BSE data.

    A total of 5,901,009 shares changed hands on the counter till 12:34PM (IST). The stock commands a market value of Rs 72630.07 crore and is part of the Power - Integrated industry.

    The scrip has been an outperformer , up 323.0 per cent in the past one year in comparison with a 51.5 per cent gain in Sensex.

    During the day, the stock moved between Rs 232.85 and Rs 225.4.

    Promoter/FII Holding
    Promoters held 46.86 per cent in the company as of 30-Sep-2021. FII and MF ownership in Tata Power Company Ltd. stood at 11.06 per cent and 8.3 per cent, respectively.
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