September 25, 2022

Shares of Tata Energy Firm Ltd. rose 4.01 per cent to Rs 243.95 in Tuesday’s commerce as of 10:05AM (IST) even because the benchmark Nifty dominated at 18071.95, up 3.4 factors.

The scrip had closed at Rs 234.55 within the earlier session. The inventory quoted a 52-week low of Rs 54.0 and a excessive of Rs 269.7. The corporate quoted a market-cap of Rs 77678.7 crore on the BSE.

On BSE, 4,358,386 shares have modified arms on the counter to date. At its prevailing worth, the inventory traded at 53.44 instances its trailing 12-month EPS of Rs 4.55 per share and 1.58 instances its e book 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 progress in web revenue at Rs 421.51 crore for the most recent quarter.

Technical indicators

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

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

Supply hyperlink