Tata Power Share Price: Tata Power stock price up 2.88 per cent as Sensex climbs
Shares of Tata Power Company Ltd. rose 2.88 per cent to Rs 469.55 at 11:30AM hours (IST) on Wednesday. Earlier in the day, the stock saw a gap up start to the session.
As per data available on BSE, total traded quantity on the counter stood at 410,595 shares with a turnover of Rs 18.94 crore till 11:30AM (IST). The stock traded at a price-to-earnings (P/E) multiple of 40.42, while the price-to-book value ratio stood at 3.89.
Return on equity (ROE) was at 11.42 per cent, according to exchange data. The stock hit an intraday high of Rs 470.0 and a low of Rs 452.65 during the session and quoted a 52-week high price of Rs 494.85 and a 52-week low of Rs 230.75.
The stock’s beta value, which measures its volatility in relation to the…
