Tata Power shares rise 1.13% as Sensex slides

Shares of the Tata Power Company Ltd. traded at Rs 209.65 on BSE at 11:59AM (IST) on Thursday, up 1.13 per cent from previous close.

The scrip quoted a 52-week low price of Rs 182.45 and a high of Rs 251.0.

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

A total of 713,753 lakh shares changed hands on the counter till 11:59AM (IST).

The stock of Tata Power Company Ltd. commands a market value of Rs 66782.6 crore.

The stock traded at a price-to-earning (P/E) multiple of 20.02, while the price-to-book value ratio stood at 2.11. Return on equity (ROE) was at 11.58 per cent, according to exchange data.

In the BSE500 pack, 259 stocks traded in the green, while 242 stocks were in the red.

Promotor Holding
Promoters held 46.86 per cent in the Tata Power Company Ltd. as of 31-Mar-2023 while foreign portfolio investors and domestic institutional investors owned 9.45 per cent and 14.09 per cent, respectively.