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The counter opened at Rs 225.1 and touched a high and low of Rs 225.65 and Rs 223.9 respectively, in the session so far. Shares of Tata Energy Limited hit a 52-week high of Rs 298.0 and a 52-week low of Rs 190.0.
The total market capitalization of Tata Energy Limited is 71911.12 million rupees at the time of writing this report.
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 for the latest quarter stood at Rs 819.09 crore, up 94.32 percent from the same quarter last year.
Form of shareholding
As of June 30-2022, DIIs hold 3.83 percent stake in the company, while foreign institutional investors hold 10.1 percent and promoters 46.86 percent.
Valuation ratio
According to BSE data, the stock is trading at a price-to-earnings multiple of 28.28 and a price-to-book ratio of 3.4. A higher P/E ratio shows that investors are willing to pay a higher price due to the expectation of better future growth. Price-to-book value is an indication of the company’s value and is an indication of the price that investors are willing to pay even if there is no growth in the business.
Tata Power Company Limited is an integrated power-industry company.
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