Tata Power Share Price: Share price of Tata Power rises as Nifty strengthens



Shares of Tata Power Company Ltd. gained 0.42 per cent to Rs 437.65 in Thursday’s trade as of 12:21PM (IST).

The stock hit a high price of Rs 443.0 and low of Rs 436.0 during the session.

The return on equity (ROE) for the stock stood at 11.42 per cent. Traded volume on the counter stood at 12:21PM shares and turnover at Rs 29.31 crore around that time.

The stock of Tata Power Company Ltd. quoted a 52-week high and 52-week low prices of Rs 470.85 and Rs 230.75, respectively.

The Beta value of the counter, which measures its volatility in relation to the broader market, stood at 1.73.

Promotor/FII Holding
Promoters held 46.86 per cent stake in the company as of 30-Jun-2024, while foreign investors held 9.5 per cent and domestic institutional investors had 15.38 per cent.

Key Financials
The company reported consolidated sales of Rs 17540.98 crore for the quarter ended 30-Jun-2024, up 6.54 per cent from previous quarter’s Rs 16463.94 crore and up 13.28 per cent from the year-ago quarter’s Rs 15484.71 crore.

Net profit after tax for the latest quarter stood at Rs 970.91 crore, down 0.16 per cent from the same quarter a year ago.

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