Tata Power Share Price: Tata Power shares fall 5.41% as Nifty drops
Shares of Tata Power Company Ltd. traded 5.41 per cent down at Rs 441.45 on Monday at around 01:53PM (IST), while the benchmark BSE Sensex declined 809.58 points to 80878.87.
As many as 1,885,225 shares changed hands on the counter with a total value of Rs 84.78 crore.
The stock quoted a 52-week high price of Rs 494.85 and a 52-week low of Rs 230.75.
On the technical charts, the 200-DMA of the stock stood at Rs 411.67, while 50-DMA was at Rs 439.17. If a stock trades above 50 DMA and 200 DMA, it usually means the immediate trend is up. On the other hand, if the stock trades below 50 DMA and 200 DMA both, it is considered a bearish trend and if it trades between 50DMA and 200DMA, then it suggests the stock can go anywhere.
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