Tata Power share are down by -0.31%, Nifty up by 0.15%

Tata Power Share Price Today on 19-09-2024: On the last trading day, Tata Power opened at 442.5 and closed at 439.3. The stock reached a high of 450.5 and a low of 430.8 during the session.

Livemint
Published19 Sep 2024, 11:17 AM IST
Tata Power Share Price Today Live Updates
Tata Power Share Price Today Live Updates

Tata Power Share Price Today on : At 19 Sep 16:00 today, Tata Power shares are trading at price 439.3, -0.31% down from the previous closing price. Sensex is trading at 83184.8, up by 0.29%. The stock has hit a high of 450.5 and a low of 430.8 during the day.

On the technical front, the stock is trading above the 10,20,50,100,300 days SMA & lower than the 5 day SMA. The stock will have support at 10,20,50,100,300 days SMA & face resistance at 5 days SMA

The SMA values for the stock are given below :

DaysSimple Moving Average
5441.16
10432.69
20429.69
50430.63
100434.23
300399.32

The classic pivot level analysis shows that on a daily time frame, the stock has key resistances at 450.3, 460.35, & 470.1, whereas it has key support levels at 430.5, 420.75, & 410.7.

Till 4 PM today, the volume traded on NSE & BSE for Tata Power was 5.92% higher than the previous trading session. Volume traded is an important indicator along with price to study trends. Positive price movement with higher volume suggests a sustainable upmove, and negative price movement with higher volume might be an indication of further decline in prices.

Overall, as per Mint technical analysis, The stock is currently experiencing a strong bullish trend.

From a fundamental analysis perspective, the company has a ROE of 12.09% .The current P/E of the stock is at 38.19 .

The company has a 46.86% promoter holding, 7.90% MF holding, & 9.50% FII holding as per filings in the june quarter.

The MF holding has decreased from 9.61% in march to 7.90% in the june quarter.

The FII holding has increased from 9.44% in march to 9.50% in the june quarter.

Tata Power share price down -0.31% today to trade at 439.3 while its peers are mixed. Its peers such as Adani Power, JSW Energy are falling today, but its peers Adani Green Energy, Adani Energy Solutions are on the rise. Overall, benchmark indices Nifty & Sensex are up 0.15% & 0.29% each respectively.

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Business NewsMarketsTata Power share are down by -0.31%, Nifty up by 0.15%
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First Published:19 Sep 2024, 11:17 AM IST