September 21, 2022

Shares of Tata Energy Firm Ltd. fell 0.08 per cent to Rs 239.6 in Friday’s commerce as of 01:41PM (IST) even because the benchmark Nifty dominated at 18059.30, up 185.7 factors.

The scrip had closed at Rs 239.8 within the earlier session. The inventory quoted a 52-week low of Rs 54.6 and a excessive of Rs 269.7. The corporate quoted a market-cap of Rs 76432.52 crore on the BSE.

On BSE, 3,271,175 shares have modified arms on the counter up to now. At its prevailing worth, the inventory traded at 52.58 instances its trailing 12-month EPS of Rs 4.55 per share and 1.58 instances its ebook worth. The return on fairness (ROE) stood at Rs 5.41.

Key Financials

For the quarter ended 30-Sep-2021, Tata Energy Firm Ltd. reported consolidated gross sales of Rs 10187.33 crore, up 20.68 per cent from the identical quarter a 12 months in the past. The corporate reported 50.75 per cent YoY development in web revenue at Rs 421.51 crore for the newest quarter.

Technical indicators

The relative energy index (RSI) of the inventory stood at Friday. The RSI oscillates between zero and 100. Historically, it’s thought-about overbought situation when the RSI worth is above 70 and oversold when it’s beneath 30.

Analysts say the RSI indicator shouldn’t be seen in isolation, because it will not be adequate to take a buying and selling name, simply the way in which a elementary analyst can’t give a “purchase” or “promote” advice utilizing a single valuation ratio.

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