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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. ....
Shares of Tata Power Company Ltd hit their 52 week high in early trade amid a rally in the broader market today. Tata Power stock hit an intraday high of Rs 278.50, rising 3.93% in the morning session today. The Tata Group stock has gained 28% in the last six months. Tata Power stock has risen 22.45% in a year and climbed 30.04% this year. The stock has seen very less volatility in a year with a beta of 0.3. ....
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. ....
Antique Stock Broking expects net profit for Tata Power to rise 14.4 per cent YoY to Rs 937 crore while it forecast sales at Rs 15,616 crore. Mundra plant continues to be an issue but the rest of the businesses stays stable, it said.