AgenciesNEW DELHI: Shares of Tata Power Company Ltd. traded 5.02 per cent up in Tuesday's trade at 10:05AM (IST). Around 1,742,295 shares changed hands on the counter.
The counter opened at Rs 217.35 and touched an intraday high and low of Rs 227.5 and Rs 215.0, respectively, in the session so far. The stock of Tata Power Company Ltd. quoted a 52-week high of Rs 269.7 and a 52-week low of Rs 89.95.
Total market cap of the Tata Power Company Ltd. stood at Rs 72566.16 crore at the time of writing this report.
Key Financials
The company reported consolidated net sales of Rs 11018.73 crore for the quarter ended 31-Dec-2021, up 8.16 per cent from previous quarter's Rs 10187.33 crore and up 43.05 per cent from the year-ago quarter's Rs 7702.84 crore.
The net profit for latest quarter stood at Rs 425.81 crore, up 71.55 per cent from the corresponding quarter last year.
Shareholding pattern
As of 31-Dec-2021, domestic institutional investors held 4.48 per cent stake in the company, while foreign institutional investors held 10.84 per cent and the promoters 46.86 per cent.
Valuation ratio
According to BSE data, the stock traded at a price-to-earnings multiple of 44.48 and a price-to-book ratio of 1.58. A higher P/E ratio shows investors are willing to pay a higher price because of better future growth expectations. Price-to-book value indicates the inherent value of a company and is the measure of the price that investors are ready to pay even for no growth in the business.
Tata Power Company Ltd. belongs to the Power - Integrated industry.
The counter opened at Rs 217.35 and touched an intraday high and low of Rs 227.5 and Rs 215.0, respectively, in the session so far. The stock of Tata Power Company Ltd. quoted a 52-week high of Rs 269.7 and a 52-week low of Rs 89.95.
Total market cap of the Tata Power Company Ltd. stood at Rs 72566.16 crore at the time of writing this report.
Key Financials
The company reported consolidated net sales of Rs 11018.73 crore for the quarter ended 31-Dec-2021, up 8.16 per cent from previous quarter's Rs 10187.33 crore and up 43.05 per cent from the year-ago quarter's Rs 7702.84 crore.
The net profit for latest quarter stood at Rs 425.81 crore, up 71.55 per cent from the corresponding quarter last year.
Shareholding pattern
As of 31-Dec-2021, domestic institutional investors held 4.48 per cent stake in the company, while foreign institutional investors held 10.84 per cent and the promoters 46.86 per cent.
Valuation ratio
According to BSE data, the stock traded at a price-to-earnings multiple of 44.48 and a price-to-book ratio of 1.58. A higher P/E ratio shows investors are willing to pay a higher price because of better future growth expectations. Price-to-book value indicates the inherent value of a company and is the measure of the price that investors are ready to pay even for no growth in the business.
Tata Power Company Ltd. belongs to the Power - Integrated industry.
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