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    Tata Power shares gain 1.79% as Sensex rises

    Synopsis

    A total of 218,012 shares changed hands on the counter till 10:31AM (IST)

    NiftyGetty Images
    India 10-year bond yield rose 0.05 per cent to 6.03 after trading in 6.02-6.04 range.
    Shares of the Tata Power Company Ltd. traded at Rs 207.45 on BSE at 10:31AM (IST) on Tuesday, up 1.79 per cent. The stock quoted a 52-week low price of Rs 190.0 and a high of Rs 298.0.

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

    At the prevailing price, the stock traded at 21.65 times its trailing 12-month EPS of Rs 9.58 per share and 3.4 times its book value, as per BSE data.

    A total of 218,012 shares changed hands on the counter till 10:31AM (IST). The stock commands a market value of Rs 66303.3 crore and is part of the Power - Integrated industry.

    The scrip has been an underperformer , down 7.8 per cent in the past one year in comparison with a 5.38 per cent gain in Sensex.

    During the day, the stock moved between Rs 207.75 and Rs 204.35.

    Promoter/FII Holding
    Promoters held 46.86 per cent in the company as of 31-Dec-2022. FII and MF ownership in Tata Power Company Ltd. stood at 9.64 per cent and 4.04 per cent, respectively.
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