Tata Power Company is currently trading at Rs. 72.70, up by 0.50 points or 0.69% from its previous closing of Rs. 72.20 on the BSE.
The scrip opened at Rs. 72.75 and has touched a high and low of Rs. 73.25 and Rs. 71.05 respectively. So far 283921 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 84.45 on 24-Oct-2016 and a 52 week low of Rs. 55.00 on 12-Feb-2016.
Last one week high and low of the scrip stood at Rs. 73.75 and Rs. 68.60 respectively. The current market cap of the company is Rs. 19676.18 crore.
The promoters holding in the company stood at 33.02%, while Institutions and Non-Institutions held 50.71% and 16.12% respectively.
Tata Power Company has reported 25.60% rise in its net profit at Rs 447.34 crore for the quarter ended September 30, 2016 as compared to Rs 356.16 crore for the same quarter in the previous year. However, total income of the company decreased by 12.87% at Rs 2200.36 crore for the quarter under review as compared Rs 2525.50 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported a net profit after tax, minority interest and share of profit of associates and joint ventures at Rs 336.24 crore for the quarter ended September 30, 2016 as compared to a net loss of Rs 95.87 crore for the same quarter in the previous year. However, total income of the company has decreased by 3.50% to Rs 7311.82 crore for quarter under review from Rs 7577.49 crore for the quarter ended September 30, 2015.
