[ad_1]
The return on equity (ROE) for the stock is at 7.75 percent. The trading volume on the counter stood at 10:05AM and the stock traded at Rs 5.42 crore at that time. Shares of Tata Energy Limited claimed a 52-week high of Rs 298.0 and a 52-week low of Rs 190.0 respectively.
The stock’s beta value, which measures its volatility relative to the broader market, is 1.73.
Promoter/FII Holding
The promoters hold 46.86 percent stake in the company as of June 30, 2022, while foreign investors hold 10.1 percent and domestic institutional investors hold 3.83 percent.
Main finance
The company reported total sales of Rs 14181.07 crore for the quarter ended 30-Sep-2022, down 3.13 percent from Rs 14638.78 crore of the previous quarter and down 39.2 percent from the previous quarter’s Rs 10187.33 crore. Net profit after tax for the latest quarter stood at Rs 819.09 crore, up 94.32 percent from the same quarter last year.
technique
MACD has shown a bullish trend towards resistance. MACD is known for signaling trend reversals in a traded stock or index.
It is the difference between 26-day and 12-day moving averages. A nine-day moving average, called a signal line, is plotted on top of the MACD to reflect “buy” or “sell” opportunities. When the MACD crosses the signal line, it gives a bearish signal, indicating that the price of the security may see a bearish movement and vice versa.
[ad_2]
Source link
