ReutersNEW DELHI: Shares of Tata Power Company Ltd. traded 0.45 per cent up in Friday's trade at 11:47AM (IST). Around 1,072,785 shares changed hands on the counter.
The scrip opened at Rs 232.35 and touched an intraday high and low of Rs 234.2 and Rs 230.2, respectively, in the session so far. Shares of the company 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 74563.25 crore at the time of writing this report.
Key Financials
The company reported consolidated 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 P/E multiple of 45.71 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 scrip opened at Rs 232.35 and touched an intraday high and low of Rs 234.2 and Rs 230.2, respectively, in the session so far. Shares of the company 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 74563.25 crore at the time of writing this report.
Key Financials
The company reported consolidated 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 P/E multiple of 45.71 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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