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Tata Power shares hit record highs in five out of six sessions; what s next for the Tata Group stock?

Shares of Tata Power Co Ltd scaled fresh record highs in five sessions in December. The large cap stock hit all-time high in five out of last six sessions rising from a high of Rs 298.60 on December 6 to a fresh record of Rs 340.45 on December 13 (current session). Before scaling record highs this month, the Tata Power stock had hit an all-time high of Rs 298 on April 7, 2022.  It took the Tata Group stock 20 months to breach the record high touched in April 2022 as it hit Rs 298.60 on December 6 this year. 

Tata Power shares fall after five days; tumble from record high; what s next?

Tata Power shares hit record high for second straight session; how strong is the uptrend?

Tata Power shares hit record high, overbought on charts; what s next?

Shares of Tata Power Co Ltd hit a record high amid a record rally in the broader market today. Tata Power stock hit an all-time high of Rs 298.60, rising 6% in the afternoon session on BSE. The Tata Group stock surpassed the previous record high of Rs 298 hit on April 7, 2022.  Amid the rally, the market cap of Tata Power zoomed to Rs 94,885 crore. In the afternoon session, a total of 39.06 lakh shares of the firm changed hands amounting to a high turnover of Rs 113.39 crore on BSE.  

Tata Power shares hit 52-week high for second session; can they breach record high?

Shares of Tata Power Company Ltd hit their 52-week high for the second consecutive session in early trade amid a record rally in the broader market today. Tata Power stock hit a yearly high of Rs 286, rising 3.72% in the morning session today. With today’s rally, the stock is Rs 12 short of the all-time high of Rs 298 hit on April 7, 2022. In the afternoon session, a total of 9.60 lakh shares of the firm changed hands amounting to a turnover of Rs 27.03 crore on BSE. Market cap of the firm rose to Rs 89,405 crore.     

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