Shares of Tata Power Company Ltd have risen 45% from their March 2023 low. Tata Power stock, which closed at Rs 183.95 on March 28, hit an intraday high of Rs 260.40 in the afternoon session today. The stock, which is in the green for a period of up to 10 years, has gained 27.87% in the last six months. Tata Power stock has gained 19% in a year and climbed 24.27% this year. The stock has seen very less volatility in a year with a beta of 0.3.
Tata Power shares opened higher at Rs 246.45 against the previous close of Rs 244.80 on BSE. The firm will announce its earnings for the quarter ended September and half year on November 8.
Tata Power Company shares rose to a fresh high of Rs 276.50 today against the previous close of Rs 263.60 on BSE. The Tata Group stock opened higher at Rs 265 on BSE.
Tata Power shares: The Tata Group stock, which hit an intraday low of Rs 182.45 on March 28, 2023 closed at Rs 239.35 on August 21, 2023, rising 31.18% or Rs 56.9 in nearly five months.