September 28, 2022

Shares of Tata Energy Firm Ltd. rose 0.69 per cent to Rs 241.6 in Monday’s commerce as of 10:51AM (IST) even because the benchmark Nifty dominated at 18143.15, up 40.4 factors.

The scrip had closed at Rs 239.95 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 77167.45 crore on the BSE.

On BSE, 1,855,544 shares have modified arms on the counter to this point. At its prevailing value, the inventory traded at 53.08 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 yr in the past. The corporate reported 50.75 per cent YoY development in web revenue at Rs 421.51 crore for the most recent quarter.

Technical indicators

The relative energy index (RSI) of the inventory stood at Monday. 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 is probably not enough to take a buying and selling name, simply the best way a elementary analyst can’t give a “purchase” or “promote” advice utilizing a single valuation ratio.

Supply hyperlink