Tata Energy Share Worth: Shares of Tata Energy fall as Nifty drops


Shares of Tata Energy Firm Ltd. slipped 3.38 per cent to Rs 273.4 in Tuesday’s commerce as of 01:43PM (IST). It hit a excessive of Rs 283.55 and low of Rs 272.35 in the course of the session.

The inventory quoted a 52-week excessive value of Rs 298.0 and a low of Rs 89.95. The return on fairness for the inventory stood at 5.41 per cent. About 3,188,320 shares have modified palms on the counter to this point.

The inventory’s beta worth, which measures its volatility in relation to the broader market, stood at 1.73.



The scrip has been an outperformer, up 197.18 per cent previously one 12 months as compared with a 18.68 per cent achieve in Sensex.

Technicals

On the technical charts, the 200-day shifting common (DMA) of the inventory stood at Rs 89.95 on April 12, whereas the 50-DMA was at Rs 238.87. If a inventory trades effectively above 50-DMA and 200-DMA, it often means the instant development is upward. Alternatively, if the inventory trades effectively beneath 50-DMA and 200-DMA each, it’s thought-about a bearish development and if trades between these averages, then it suggests the inventory can go both manner.

Promoter/FII Holding

Promoters held 46.86 per cent stake in Tata Energy Firm Ltd. as of 31-Dec-2021. Mutual funds and overseas institutional buyers held 4.48 per cent and 10.84 per cent stake.



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