Shutterstock.comShares of Tata Power Company Ltd. rose 0.92 per cent to Rs 241.75 in Tuesday's trade as of 11:26AM (IST) even as the benchmark Nifty ruled at 17288.10, up 66.1 points.
The scrip had closed at Rs 239.55 in the previous session. The stock quoted a 52-week low of Rs 89.95 and a high of Rs 269.7. The company quoted a market-cap of Rs 77327.22 crore on the BSE.
On BSE, 574,513 shares have changed hands on the counter so far. At its prevailing price, the stock traded at 47.4 times its trailing 12-month EPS of Rs 5.11 per share and 1.58 times its book value. The return on equity (ROE) stood at Rs 5.41.
Key Financials
For the quarter ended 31-Dec-2021, Tata Power Company Ltd. reported consolidated sales of Rs 11018.73 crore, up 43.05 per cent from the same quarter a year ago. The company reported 71.55 per cent YoY growth in net profit at Rs 425.81 crore for the latest quarter.
Technical indicators
The relative strength index (RSI) of the stock stood at Tuesday. The RSI oscillates between zero and 100. Traditionally, it is considered overbought condition when the RSI value is above 70 and oversold when it is below 30.
Analysts say the RSI indicator should not be seen in isolation, as it may not be sufficient to take a trading call, just the way a fundamental analyst cannot give a "buy" or "sell" recommendation using a single valuation ratio.
The scrip had closed at Rs 239.55 in the previous session. The stock quoted a 52-week low of Rs 89.95 and a high of Rs 269.7. The company quoted a market-cap of Rs 77327.22 crore on the BSE.
On BSE, 574,513 shares have changed hands on the counter so far. At its prevailing price, the stock traded at 47.4 times its trailing 12-month EPS of Rs 5.11 per share and 1.58 times its book value. The return on equity (ROE) stood at Rs 5.41.
Key Financials
For the quarter ended 31-Dec-2021, Tata Power Company Ltd. reported consolidated sales of Rs 11018.73 crore, up 43.05 per cent from the same quarter a year ago. The company reported 71.55 per cent YoY growth in net profit at Rs 425.81 crore for the latest quarter.
Technical indicators
The relative strength index (RSI) of the stock stood at Tuesday. The RSI oscillates between zero and 100. Traditionally, it is considered overbought condition when the RSI value is above 70 and oversold when it is below 30.
Analysts say the RSI indicator should not be seen in isolation, as it may not be sufficient to take a trading call, just the way a fundamental analyst cannot give a "buy" or "sell" recommendation using a single valuation ratio.
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