Tata Energy Share Value: Tata Energy shares down 6.58% as Nifty falls

Shares of Tata Energy Firm Ltd. rose 6.58 per cent to Rs 206.65 in Thursday’s commerce. It hit an intraday excessive of Rs 216.05 and low of Rs 205.8, respectively, through the day.

The inventory quoted a 52-week excessive worth of Rs 269.7 and low of Rs 89.1.

As of 01:34PM (IST), the counter noticed complete traded quantity of 5,787,570 shares with a traded worth of Rs 122.02 crore, in response to NSE.

The inventory had closed at Rs 221.2 within the earlier session.

The scrip has declined -9.98 per cent up to now one month until date, whereas the benchmark BSE Sensex has slipped -9.8 per cent throughout the identical interval.

In response to change knowledge, the inventory traded at a price-to-earnings (P/E) a number of of 40.5 whereas price-to-book ratio stood at 1.58. A better P/E ratio exhibits that traders are prepared to pay a better worth for per rupee earnings given by the inventory due to higher future progress expectations. The worth-to-book worth signifies the inherent worth of an organization and it displays the worth traders are able to pay even for no progress in a enterprise.

The inventory belongs to the Energy – Built-in business.

Promoter/FII Holding
Promoters held 46.86 per cent stake within the firm as of 31-Dec-2021, whereas FII and MF possession within the agency stood at 10.84 per cent and 4.48 per cent, respectively.

Key Financials
The corporate reported consolidated gross sales of Rs 11018.73 crore for the quarter ended 31-Dec-2021, up 8.16 per cent from the earlier quarter’s Rs 10187.33 crore and up 43.05 per cent from the year-ago quarter’s Rs 7702.84 crore. Its internet revenue for the most recent quarter stood at Rs 425.81 crore, up 71.55 per cent from the identical quarter a yr in the past.

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