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    Tata Power shares decline 0.17% as Sensex slides

    Synopsis

    A total of 331,482 shares changed hands on the counter till 10:25AM (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 202.55 on BSE at 10:25AM (IST) on Tuesday, down 0.17 per cent from previous close.

    The scrip quoted a 52-week low price of Rs 190.0 and a high of Rs 298.0.

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

    A total of 331,482 lakh shares changed hands on the counter till 10:25AM (IST).

    The stock of Tata Power Company Ltd. commands a market value of Rs 65073.09 crore.

    The stock traded at a price-to-earning (P/E) multiple of 21.25, while the price-to-book value ratio stood at 3.4. Return on equity (ROE) was at 7.75 per cent, according to exchange data.

    In the BSE500 pack, 92 stocks traded in the green, while 409 stocks were in the red.

    Promotor Holding
    Promoters held 46.86 per cent in the Tata Power Company Ltd. as of 31-Dec-2022 while foreign and domestic institutional investors owned 9.63 per cent and 14.26 per cent, respectively.
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